FintechInnovating the Fintech Industry with an AI first Approach
Winjit’s Layered Banking System
We provide turnkey and customized solutions at every stage of the customer journey right from knowing your customers to providing various plugs to the Enterprise Service Bus.
Winjit positions the applications in a strategic way that helps to capture, learn and leverage data. This is done in the following ways:
- Unbundling and fragmentation of services
- Customer onboarding solutions
- Digital transformation
- Mass personalization solution
Accounting Solutions
Finance and accounting departments are vital for all businesses, regardless of what size the business is. Some of the most important accounting procedures are:
- Taxation, tax preparation, and filing on behalf of corporate accounts
- Bookkeeping
- Payroll services
- Accounts receivable
- Accounts Payable
Winjit offers a wide range of simplified accounting solutions, geared to perform accurately, at super-lightning-speeds. The solutions offer the possibilities of reducing the cost of operating the business and enhance its statistical analytics.
Winjit Finance Solutions
Micro-Finance Solution
The Micro-finance solution is a complete package that is based on a credit union functionality, associated in a co-op setting platform, including deposits, loans, and micropayments.
Loan Origination Solution
At Winjit, we have an entire workflow process in place that offers strategic loan origination process and automation for evaluating loan applications, validation, and disbursement.
Import Costing
One of the most essential tools in the logistics industry is the import costing tools. Costing tools are responsible for computing and calculating landing costs of an SKU, and safely kept in bookkeeping software.
Universal Tax Code
Winjit’s strategic tax structural design and implementation across the developed and developing economies has resulted in a global tax module. The module has been proven to offer users the freedom to adopt in any country and thereby providing access to greater acceptability.
BFSI & Insurtech Solutions
We implement solutions by understanding the true capabilities of your business and thereafter customize it. We believe in fulfilling a client’s demand by improving their net profit margins and eliminating any weak base that an organization may have.
An interactive digital 2.0 environment will engage more customers, build a loyal relationship and will help enhance the capabilities of an organization’s multi-modal learning
FinSense by Winjit
Winjit Smart OCR
Banks, financial services and insurance (BFSI) sectors tend to all face one common problem, and that is the ability to capture or extract information from non-texted format files. A perfect example is any sample of images or pictures and converting the information to readable text. The OCR systems not only convert the file to a readable state, but it also converts files to an editable format.
Loan Management & Collections System
It is feasible for financial businesses to manage all loaning and collection systems through one “single-smart-edged” system. Discover the empowerment of automation through game-changing technological advancements that are backed by vigilant AI and automation systems. Discover why your financial systems could use the extra “botted” help.
RPA Based Process Automation Solutions
RPA is slowly becoming a standardized procedure to mandate for the banking, financial services, and insurance industries. RPA systems use software with artificial intelligence (AI) and machine learning capabilities to handle the consistent toll of traffic. Specializing and building to offer the upmost customized methods to abstract and gain resourceful data from all your BFSI platforms.
Articles
Robotic Process Automation
Robotic process automation is a promising type of business procedure automation technology. This has been evolving on the basis …
Smart Digital Banking
The banking sector is undoubtedly going through substantial reforms to cope up with the technological advancements unlike the past…
Robo Analysts
Since ages, Robots are feared to be taking over our world. Well, to an extent it has become a reality. At least the investment world…
The ROI of Omni Channel Digital Banking
The expectations of digital banking have completely changed in the past couple of decades. Where in the beginning when the digital banking…
Transforming Banking by Blockchain
Blockchain has emerged as the major multiplier and has completely transformed many industries. The major beneficiary has been the banking and..
AI & Cognitive Opportunities
The IT sector is always buzzing with new inventions and offerings on the block, and Artificial Intelligence is a field, which offers …
Banking Transformation
Banking is indeed moving out of the confined formats of brick & mortar. The consumer of the modern era does demand services & convenience…
Finance 4.0
Let us understand the On-Set of Finance 4.0. With the inception of Industry 4.0, the change in technological infrastructure took place…
Modular Digital Banking
The digital revolution in banking is much more than just shifting from conventional banking to digital banking. This has given various…
Open Banking & Its Effects
The term Open Banking is referred to as the practice in which financial information is shared electronically through a secure digital passage.
BFSI sector target of cybercriminals
BFSI sector target of cybercriminals in 2018 and how AI can overcome this. In the last couple of years, a particular trend has been witnessed…
Voice Biometric Technology
The growing popularity and acceptability of Artificial Intelligence techniques have not only made business processes easier…
Where Does Digital Banking Have An Upper Hand To Traditional Banking?
Since the introduction of digital banking, particularly through the use of cryptocurrency, traditional banking has needed to revamp to accommodate these changes. While many people still prefer to rely on traditional methods, it cannot be denied that each day, the shift to digital banking gets more prominent.
Is Living on Credit the New Millennial Mantra?
When it comes to generational comparisons, no other generation gets scrutinized as meticulously as the millennials. Next in line, right behind the Baby Boomers who were the Golden child of the economy, millennials are known to face many issues. Plus, they’re often targeted and lambasted to have consumer behaviors that are outside the norm of previous generations.
Importance of UX in Mobile Banking
One of the most common buzzwords you’ll likely come across in mobile app design is UX, short for user experience. While the security features of your app and functional integrity are of key importance, UX is one area you do not want to compromise on. This is because when it comes to bankingapplications, the stakes are much higher – which means that user centricity is the key to success.
How Smart Contracts Will be an Enabler for Trade Finance
Recent examples of financing fraud include the over $200 million to a group of banks in the Qingdao port metal financing incident, and the $1.1 billion lawsuit against Citigroup because of falsified receivables
Should AI be Considered a Breakthrough Innovation in FinTech?
Traditional financial services are quickly being replaced with digital technologies. Experts predict that traditional banking and investment services will no longer exist in the next few decades. Many financial companies have already deployed financial technology (FinTech) services to keep in line with the shifting customer trends.
The Current State of Financial Inclusion in South Africa. What Are the Initiatives Being Taken for the Same?
Financial inclusion is necessary for all societies. It ensures that people in a particular society have equal opportunities when it comes to the financial services they can avail. South Africa has also been trying to improve financial inclusion in the country through programs and reports.
UPI BENEFITS FOR THE INDIAN BANKING ECOSYSTEM
Unified Payment Integration can bring a lot of benefits to the Indian banking ecosystem. It will allow different banks to access the same platform, hence minimizing a lot of barriers. This will result in better usability for customers, shorter waiting times, better functioning apps and security, etc. So here are a few benefits of UPI to the Indian Banking Ecosystem.
CUSTOMER ONBOARDING USING VIDEO KYC MOVING AHEAD OF TEXT CHAT
FinTech refers to financial technology that advertises investments, money transfers, personal and business loans, fundraising, asset management, and digital payment systems. Unlike traditional financial institutions, FinTech deals with customers on a digital level.
HOW DO MILLENNIALS SEE FINANCE: AN INSIGHT VIEW
Millennials have overtaken Baby Boomers as the largest generation in the US. Generally considered as the generation of individuals born between 1981 and 1997, today the group comprises over 75 million individuals, or about 25% of the total US population.
THE CURRENT STATE OF FINANCIAL INCLUSION IN INDIA
In India, financial inclusion has definitely improved over the years. And as a result, many people from low-income backgrounds have benefited from it over the years. Here’s an overview of the current state of financial inclusion in India.
WILL OPEN-SOURCE CORE BANKING SOLUTIONS HAVE HIGHER ADOPTION?
The exponential growth of technologies such as AI, ML, and robotics has opened up the door to a number of exciting opportunities and applications. Automation has been redefined—it is not the same anymore. It has become a lot more “intelligent”.
WinSights
Evolving Landscape of Trade in South Africa
Every dark cloud has a Silver lining! While Covid-19 has turned our world upside down, incessant efforts of humanity will be rewarded….
Tap or Swipe: Just get your cards right
We are a few months into a new decade, which made us look back to the last 19 years of banking…