Limitless credit solutions.
Built for a boundaryless world.
iKredit360 is a comprehensive and composable credit technology platform that enables institutions to curate unique credit experiences for merchants, channels-partners, and end consumers. With its ability to converge multiple elements such as internal and external systems, financial products, credit lifecycle, and fintechs, iKredit360 empowers financial institutions to expand and extend their credit experiences to become the primary engagement point for their customers. This includes offering both commoditized and specialized credit products across all business segments, including Retail, Corporate, SME, and Agri.With iKredit360 as their foundation, financial institutions can curate tailored credit experiences for their customers and establish themselves as leaders in the credit industry.
Financial instituitions no longer need to tweak their process design to fit the product, instead, the platform can give wings to their strategic ambitions and design solutions that can wow their customers
Why iKredit360
Era of the Specialist Systems
Shifting from Product Pushers to Ecosystem Players
Credit Lifecycle Convergence
Traditionally, Lending functionalities and modules were packaged and sold along with Core Banking, and it was considered a massive transformation exercise for the FIs to implement a new Core or to change an existing one. iKredit360 is a new-age standalone credit platform that not only provides a comprehensive coverage of all banking needs across the Assets platform but goes even further to curate niche and relevant solutions across products, channels, and enterprise verticals. This will change the paradigm of how the industry has visualized Banking transformations till now.
We are also witnessing the industry replace a traditional product focus approach with a more customer-centric one, leading to an eco-system based product proposition in which credit/lending/consumer finance gets intrinsically wedded to the ecosystem where the finance is being offered- so, a consumer finance proposition at a retail store X needs to differentiate itself from a consumer finance proposition at an e-com site Y, and still provide a superlative customer experience, and simultaneously be commercially viable for the FI. iKredit360 will enable FIs to raise the bar from being just product pushers to relevant ecosystem players.
While best of breed solutions are the preferred way to go, existence of information silos is a harsh reality, resulting in disrupted customer engagement/experience. The need to converge solution components in line with specific business demands has always existed. With standardization and democratization of technologies, this convergence has just become far more real. iKredit360 is a seamlessly inter-connected platform that helps converge service delivery capabilities across the relationship lifecycle, irrespective of access channels or device form factors.
Unlock the Power of Convergence with iKredit360
With its ability to converge multiple elements in the ecosystem, iKredit360 empowers banks to expand and extend their credit experiences to ensure a superlative customer experience.–
1. Relationship Touchpoint Covergence – Branch, Call Center, Web Portal, Mobile, Marketplace etc.
2. Credit Product Convergence– Vehicle Loan, POS Finance,Secured Loans, Wallet, Cards etc.
3. Credit Lifecycle Convergence – Origination, Credit Mgmt., Merchant Services, Debt Mgmt.
4. Internal Ecosystem Convergence – Rules Engine, Accounting, Fees & Charges, Report etc.
5. External Ecosystem Convergence – Fintechs, CRM, Government agencies, Credit Bureaus etc.
iKredit360 - Overall Architecture
Power Under the Hood
Explore the powerful engine driving the experience ecosystem in lending. The cloud native, API-first and micro-services ready platform leverages Packaged Business Capabilities (PBCs) with building blocks of credit which are functionally complete, well-defined and autonomous business capability with its own data, no critical external dependencies.
PBCs due to their enterprise context have a Go To Market focus, are granular enough to serve a business need that can be composed while designing an enterprise solution or composing a bank, and can be swapped easily with an alternative PBC from another source. This gives the flexibility to financial institutions to launch credit solutions suited to their business.
iKredit360 Solutions
Buy Now Pay Later
A loan origiantion software, this offering by iGCB is truly a game-changer. The Buy Now Pay Later software solution lets customers make a purchase without making any down payment. The process application to approval of this loan origination system is extremely smooth for an user too, making it a unique and alluring way to make your purchases easier by many miles.
Cards Marketplace
Explore the cutting-edge capabilities of Intellect Cards, a comprehensive, fully Digital Card Management System specifically designed to meet all your banking needs for credit cards, debit cards, prepaid cards, and retail cards. This innovative platform goes beyond traditional solutions, offering a state-of-the-art credit and debit card management system. With expertise spanning card issuing, fraud monitoring, loyalty management, and delinquency management, Intellect Cards emerges as your preferred solution for a robust card management system in banking. What's more, it seamlessly integrates with a cloud lending platform, ensuring unparalleled flexibility and efficiency in managing your credit operations.
Own the Credit game with iKredit360
With iKredit360, Banks and Financial Institutions Can Ensure
3X
20%
Loved by Leaders
The new platform will provide us with strength and the opportunity to accelerate our processes for innovation, product development and go-to-market.
Nils Carlsson
CEO, Resurs Bank
The unique Commercial Loan Origination platform enables YES BANK to extend commercial lending products and services with versatile integration capabilities through open APIs.
Anup Purohit
Chief Information Officer, YES BANK
Recognized by Experts
Intellect Ranked No. 3 in Global Leadership – Geographic spread in IBSi Sales League Table 2024
Intellect Ranked No. 2 among Regional Leaders in North America in IBSi Sales League Table 2024
Globee Golden Bridge 2024 award - Company of the Year (Information Technology Software) (Silver) for iK Read More
Globee Golden Bridge 2024 award - Information Technology (Software) Innovation (Gold) for iKredit360 Car Read More
Rated as a Leader in 'The Forrester Wave Digital Banking Processing Platforms for Retail Banking, Q3 2022'
Ranked number 1 for Retail Lending in IBS Annual Sales League Table 2022
Ranked number 1 for Product Breadth in IBS Annual Sales League Table 2022
Regional Leader (ASEAN) in IBS Annual Sales League Table 2022
Ranked number 1 for Retail Banking for the sixth consecutive year in Annual Sales League Table 2022
YES BANK adjudged winner at IDC Financial Insights Innovation Awards 2021 for Intellect powered Credit Origin Read More
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