THREE MUSKETEERS (From left) Gaurav Samdaria, Omkar Shirhatti and Alok Kumar
MUMBAI-BASED Karza Technologies, a financial technology company offering value-added services (VAS) to banks, NBFCs and the corporate sector, cracked the code early on when the financial world was still warming up to the idea of big data, artificial intelligence and machine learning. Set up in 2015, Karza Technologies is the largest data analytics, automation and decision solution provider to financial institutions, catering to the entire lending lifecycle from onboarding to diligence and monitoring to collections. Their client list includes the who’s who of the banking world from ICICI Bank to HDFC Bank. In the BT-KPMG Best Banks Survey 2020-21, Karza has emerged as the Best Fintech in the Value Added Services category.
For years, the financial services industry has been under threat from issues such as asset appropriation, identity theft, money laundering, and accounting fraud. Post the arrival of financial technology companies or big tech, the financial services industry has started the digital transformation journey to reduce costs, streamline business processes and improve customer experience. That’s where the need for big data analytics arises, to keep a check on frauds and money laundering.
Diese Geschichte stammt aus der March 06, 2022-Ausgabe von Business Today.
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Diese Geschichte stammt aus der March 06, 2022-Ausgabe von Business Today.
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