NewsView Bengaluru (Karnataka) (India), October 10: Biz2X, a subsidiary of Biz2Credit and India’s leading digital lending SaaS platform, organized the 6th edition of the Frontiers of Digital Finance Roundtable at Courtyard by Marriott in Bangalore, bringing together influential leaders in the sector. , visionaries and influencers who are instrumental in shaping the digital lending ecosystem. The event theme, “Unifying the Digital Pathways: Aggregators as Enablers of Financial Evolution,” highlights the importance of customer-centric approaches in financial evolution, highlighting aggregators as enablers of financial evolution. personalized, user-friendly financial experiences that align with evolving needs. and customer expectations.
The event featured in-depth discussions on several critical topics within the lending industry, such as the potential of decentralized finance (DeFi), challenges faced by digital aggregators, and collection optimization strategies that experience currently a strong influence of the FLDG. Experts also highlighted the need for aggregators to balance growth and compliance, while promoting financial literacy and responsible collections practices. The need for an entity to address privacy concerns, manage complexities, and foster collaborative dialogue between regulators and the fintech ecosystem. The successful 6th edition of the Frontiers of Digital Finance Roundtable was marked by the experiences and vision shared by various industry leaders, including spokespersons from PwC India, AWS, Khatabook and Ninjacart, among others. The discussion focused on the opportunities and implications of digital aggregators for improving financial literacy and inclusion.
“We are delighted to have hosted the Frontiers of Digital Finance Roundtable in Bengaluru,” said Vineet Tyagi, Head of India Operations and Global CTO at Biz2X. He added: “The event provided a vital forum where industry leaders came together to delve deeper into the dynamic digital lending landscape. The Frontiers in Digital Finance Roundtable provides a platform for industry leaders to exchange ideas and discuss the vital role of aggregators in improving the financial health of consumers. This promotes financial literacy and also promotes inclusion, addressing the challenge of balancing growth and compliance in an ever-changing regulatory landscape. This also optimizes collections management strategies, reflecting our commitment to innovation and industry collaboration for a greater technologically advanced financial ecosystem. Presenting his views while moderating the panel discussion, Anit Shanker, Partner – BFSI Market, PwC India, said, “In the ever-changing digital lending landscape, Biz2X’s FDF Conference has been an exceptional platform enabling for aggregators and industry leaders to come together. and deliberate on critical themes. Our discussions on the potential of DeFi, the role of aggregators in improving financial literacy, compliance challenges and collections optimization will drive innovation to drive financial inclusion. The collective wisdom and expertise of our esteemed participants has paved the way for a more inclusive and responsible digital lending ecosystem. As we move forward, I look forward to continuing to collaborate, innovate and pave the way for a future where technology and finance converge to empower people and businesses.
Vishnu Ranganathan, Associate Director of Partnerships and Alliances at Simpl, a speaker at the conference, praised the initiative saying, “It has been an absolutely amazing experience to be in touch with many industry leaders. I had the opportunity to gain insight into the opportunities and challenges of “Launched in June 2022, the Biz2X Maadhyam platform offers an end-to-end solution to enhance customizable lending experience, narrow the credit gap and drive financial inclusion among small and medium-sized businesses. Biz2X solutions not only reduce operational expenses, but accelerate loan growth by significantly improving customer experience, reducing total turnaround time, and empowering managers Powerful monitoring and alerting information relationships.
As part of its ongoing efforts to drive innovation in the industry, Biz2X plans to organize similar events every month in Delhi and other cities. (DISCLAIMER: The above press release was provided by NewsVoir. ANI will not be responsible for its contents in any way)
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