Open banking system is fast gaining momentum because the need for sharing data has become important keeping in mind the customer’s consent. The shared data is used to generate the analytics that is required to provide the best financial and other related services to the consumers keeping in mind their needs and portfolio. Open banking is giving a new dimension to B2B and B2C marketing levels of banks owing to the analytical approach that it follows.
Why is Open Banking the Future of India’s Banking Systems
With such major paradigm shifts in digital world, we know that the future of Indian banking is driven more virtually with services getting digital and in a swipe of your phones. With this, API integration is no more an alienated word for banks in India and most of the them are now opening up to licensed third-party providers.
Dasceq’s AI-driven data solution for Open banking is highly secure and regulated. It aids in continuous updation, rigourous churning and thorough consumer consent that helps to improve cross-sells and upsells in the most under-served markets. It catalyses quick and easy access to card accounts, insurance and leases and segregate the most potential portfolios under one frame.
This aids in maximising consumer Satisfaction, and Reducing the cost of operational costs. irm it will help in the growth of the new and existing customer. By leveraging the APIs and data, we galavanise financial inclusion and customer acquisition.
What’s in the Dasceq Open Banking API Structure
With Dasceq’s hybrid model that integrates well with your traditional consumer data and our unified software API platform, we build an ecosystem that identifies portfolios on the basis of their merit and risk and is trustworthy and inter-operable. Dasceq’s framework lets you:
How it works?
Dasceq gets your team of developers onboard and integrate your traditional data with it’s API ecosystem in just 3 steps to deliver outcomes:
Sign the Contract and download the most suitable API business Model
Integrate our external CRMs with your system portal
Fetch relevant data aggregation and connect your target portfoliosg
Upsell and Cross-sell with Dasceq
Dasceq Upselling is the practice of persuading customers to purchase an upgraded or more expensive version of a product or service. The goal is to maximize profits, generate a lateral revenue and create great consumer experience.
Our robust and penetrative API business model aids in customer acquisition by creating custom and most personalised banking experience for clients and give them more access to services that would benefit them. Our effective targeting strategy and a dynamic business model lets you reach out to old and new clients on the basis of regular and competitive marketing. Dasceq AI-driven systems helps you understand consumer behaviour to suggest the right and most customised product to be pitched at the right time. We penetrate into the new and most diversified market verticals to promote innovation and diversification of your banking services.
It was surprising how most agents did better. They seemed more motivated, and all that, because they were matched to customers that fit their own personality traits. Working with them helped us make better credit decisions and automate a lot of our manual processes, therefore bringing a better customer experience.
Sr. Operations Manager
Dasceq’s Digi is very user friendly and provides powerful insights. Their accuracy and flexibility has greatly improved the efficiency of our QA process. I would absolutely recommend Dasceq to the whoever wants to apply best practices from across industry to their environment.
Executive Vice President
The platform’s feature engineering and scoring pipeline generation are better than anything we’ve seen out there lately. Dasceq’s Optimization enables us to enumerate and model the bottlenecks enabling us to come up with bigger solution space in lesser time.
Collections and Database Manager
The platform’s ability to understand consumer contact preferences and pairing collection strategy recommendations are better than anything we’ve seen out there lately. Dasceq’s Optimization enables us to focus on managing agents and letting Dasceq AI dial deeper collection strategy driving phenomenal results.
Sub Prime Installment Lender
Dasceq’s Digi Connect (TM) is very user friendly and provides powerful insights. Their accuracy and flexibility has greatly improved the efficiency of our process. I would absolutely recommend Dasceq to the collections industry.
One of the Top 5 Auto Lender
Executive Vice President
It was refreshing to see a AI technology company delivering as they promised. We are very happy with performance and customer service of Dasceq. They are a reliable company and true data practitioners.
Sub Prime Auto Lender