The Global Fintech Fest (GFF) 2023 was a landmark event that served as a platform for innovation, collaboration, and growth. Buddy Loan made a remarkable impact at GFF. Intending to bridge the gap between Fintech and consumers that is at par with financial inclusivity is phenomenal.
Buddy Loan was one of the sponsors of the GFF Event. The primary emphasis was on innovation, accessibility and financial inclusivity. Our founders, Mr Satish Saraf and Mr Srikant Bureddy took the podium to discuss the vision that the finance industry has. Covering CPaaS technology, compliance, data security, and fair credit distribution.
Fair Credit Distribution and Data Protection/Data Security.
On Day 1 of the event, our Co-Founder Mr. Srikanth Bureddy spoke about the fair credit distribution and the need for data security in the current financial landscape.
Fair credit distribution refers to ensuring that everyone has equal access to credit opportunities, regardless of income, race, ethnicity, gender, or other personal characteristics.
This means that people with good credit histories should be able to borrow money at affordable rates, while those with poor or no credit histories should still have access to credit at reasonable terms.
With Buddy Loan, default rates are usually low. This concludes that the wider range of borrowers has access to monetary assistance.
Data Protection/ Security is vital for you!
Data protection and data security are two important aspects of fair credit distribution. It safeguards personal information from unauthorized access, use, disclosure, alteration, or destruction. Protecting data from unauthorized access, use, disclosure, disruption, modification, or destruction is the main concern.
Data protection and data security are important because they help to protect consumers from identity theft and fraud. They also help to ensure that consumers have control over their personal information.
Buddy Loan emerged as a thought leader and influential player in the Indian fintech scene by demonstrating its advanced technology, data-driven strategies, and commitment to collaboration.
As our esteemed co-founder, Mr Srikanth Bureddy concluded:
“The future of finance lies in our ability to leverage technology, work closely with regulatory bodies, and collaborate with like-minded organizations for seamless monetary assistance.”
CPaaS Technology to Aid Financial Inclusivity
Fintech Solutions With Innovative Channels of Communications:
On Day3 of the GFF Event, the Co-founder of Buddy Loan, Mr Satish Saraf, discussed CPaaS technology and its potential to close financial silos.
Communications Platform as a Service (CPaaS) technology has emerged as a powerful tool to bridge the financial gap, fostering seamless communication, collaboration, and financial accessibility for all.
CPaaS bridges the gap between traditional financial services and under-served communities.
By leveraging CPaaS, financial institutions can reach unbanked and under-banked individuals through mobile messaging, voice calls, and other accessible channels, providing them with access to essential financial services.
Key Benefits of CPaaS in Bridging Financial Loopholes
- Seamless Communication – CPaaS enables unified communication across various channels, breaking down gaps and facilitating seamless interactions between customers and financial institutions.
- Enhanced Customer Experience – CPaaS empowers personalized and contextual communication, providing customers with timely and relevant information, and improving engagement and satisfaction.
- Streamlined Operations – CPaaS automates financial processes, reducing manual intervention, improving efficiency, and reducing costs.
- Expanded Financial Inclusion – CPaaS bridges the gap between traditional financial services and underserved communities, providing access to essential financial services for all.
Buddy Loan’s participation in the Global FinTech Fest (GFF) 2023 underscored the company’s commitment to innovation, accessibility, and financial inclusivity. By showcasing its cutting-edge technology, data-driven strategies, and dedication to collaboration, Buddy Loan positioned itself as a thought leader and a driving force in the Indian fintech landscape.
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