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Ankur Rawat

Ankur Rawat Director – Banking Products and Solutions at Newgen Software

Modern Collection Management Mantra: Striking a Balance Between Efficiency and Empathy

Collection management is crucial for the health of credit markets. It involves tactfully handling overdue debts to mitigate losses and maintain financial stability. Effective collection strategies not only safeguard the liquidity of financial institutions (FIs) but also help avert potential crises by keeping the flow of credit in the economy. Howe...

Ankur Rawat

Ankur Rawat Director – Banking Products and Solutions at Newgen Software

Transformative Tech: AI/ML and GenAI Reshaping Content Management in Banking

Within the dynamic banking landscape, characterized by shrinking profits and higher deposit costs, the need for an efficient Enterprise Content Management (ECM) solution has become more critical than ever. The traditional methodologies of processing documents and managing content no longer suffice the demands of a digitized and data-driven industr...

Ankur Rawat

Ankur Rawat Director – Banking Products and Solutions at Newgen Software

Bringing Minimalism in Banking with Content Services

You may have heard of minimalism, a popular lifestyle trend focused on practicing mindfulness and decluttering your space. But does this trend live up to the hype, and if so, can organizations apply it? The main objective of minimalism is to get that sense of freedom and heavy relief from decluttering your space and focusing on things that truly ma...

Ankur Rawat

Ankur Rawat Director – Banking Products and Solutions at Newgen Software

Transforming Retail Lending with a Digital Lending Platform

The 2008 Great Recession unsettled and transformed the banking sector, which has never been the same ever since. As regulatory compliances increased and market conditions became increasingly uncertain, this inevitably led to a stark rise in competition among fintech players. Additionally, In the last few years, we have even witnessed technology gi...

Ankur Rawat

Ankur Rawat Director – Banking Products and Solutions at Newgen Software

Modernizing Trade Finance with Low Code

Trade finance continues to serve as an essential enabler for global trade growth. The expected growth of the trade finance market was valued at $63.5B in 2019 and is expected to grow to $79.4B in 2026! The trade finance market has recently witnessed a shift, primarily driven by pandemic disruptions, technology, globalization, and real-time access ...

Ankur Rawat

Ankur Rawat Director – Banking Products and Solutions at Newgen Software

AI Fueling the Future of Financial Institutions

Artificial intelligence is set to change the future of almost every industry. It augments the decision-making processes, facilitates error-free back-end processes, enables fraud identification, empowers with an efficient marketing tool, increases turn-around time, and improves customer services. Historically, banking, finance, and insurance compan...

Ankur Rawat

Ankur Rawat Director – Banking Products and Solutions at Newgen Software

Building Digital Trust for Customer Longevity: What’s the Secret Sauce?

by Ankur Rawat, Director of Banking Products and Solutions at Newgen It is no secret that trust is one of the pillars of customer relationships for organizations. But, how critical is it? According to a recent Deloitte Digital survey[1], while rational factors play a key role at the beginning and end of relationships, it is the emotional factors t...

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