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PR Newswire

RattanIndia Finance Wins the Celent Model Bank Award 2020 for Retail Lending Powered by Nucleus FinnOne Neo

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NEW DELHI, April 22, 2020 /PRNewswire/ — Celent, the world’s leading research, advisory and consulting firm focused on financial services technology, has named RattanIndia Finance as the winner of The Celent Model Bank Award 2020 for Retail Lending, powered by FinnOne Neo from Nucleus Software.

Celent Model Bank Awards recognize the best practices of technology usage in banking. RattanIndia Finance deployed FinnOne Neo in the cloud, disrupting the consumer finance market with a superior digital experience, speedy approvals and the rapid launch of innovative loan products. With FinnOne Neo, RattanIndia reduced the time taken to bring new products to market by 50%, decreased the IT resource count by 75% and lowered the cost of ownership by 90%. They recorded rapid business growth and became the first lender to offer loans for electric bikes in India

Mr. Craig Focardi (Senior Analyst, Celent) said, “Although the growth of cloud computing has accelerated in recent years, the movement of mission-critical core lending and banking solutions has not. RattanIndia Finance’s successful transition of its entire end-to-end lending platform for retail and corporate banking is a leading-edge example of the future potential for public cloud, which is why RattanIndia Finance is worthy of Celent’s Model Bank 2020 Award for retail lending.”

Mr. Harvinder Gandhi (Head of Technology, RattanIndia Finance) commented, “We are really excited to win the Celent Model Bank Award, powered by FinnOne Neo. This project helped us differentiate as an agile, digital and customer focused lender. We are delighted that the project confirmed our belief that technology powers business growth and helps us deliver a superior customer experience. The results that we have seen are truly remarkable.”

Mr. R. P. Singh (CEO, Nucleus Software) said, “Our heartiest congratulations to RattanIndia Finance for wining this prestigious Model Bank Award from Celent. RattanIndia Finance is an innovative company and we are proud to support them in their goal to provide a faster, easier and more customer centric experience. This achievement is a further testament to the confidence of global financial services industry in the power, reliability and robustness of our solutions.”

About: Nucleus Software. 

Media Relations:  

Rashmi Joshi
rashmi.joshi@nucleussoftware.com  
+91-9560-694654

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PR Newswire

AUTOCRYPT Shortlisted for 2020 TU-Automotive Award – Automotive Tech Company of the Year

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DETROIT, April 20, 2020 /PRNewswire/ — AUTOCRYPT, an all-in-one mobility security solutions company for connected vehicles, was announced as a finalist for the 2020 TU-Automotive Award for the second consecutive year. TU-Automotive represents the entire automotive technology ecosystem with leading representatives from all over the world every year and celebrates the best talent, products, and services across the industry.

AUTOCRYPT Products Lineup
AUTOCRYPT Products Lineup

AUTOCRYPT has continuously developed and improved its automotive cybersecurity products and solutions for all users’ safety, security, and privacy in the automotive industry. Since 2007, AUTOCRYPT has participated in various projects including South Korea’s V2X security certification system project and gained a reputation for creating the global certification standard for government agencies. Additionally, with EV platform providers, AUTOCRYPT has contributed its expertise to support the deployment of V2G security through ISO 15118 testing symposiums across the world. The Chinese leading OEMs and Tier 1 suppliers have also worked closely with AUTOCRYPT in order to integrate the solutions for safer in-vehicle security countermeasures, such as IDS (Intrusion Detection System), secure booting, OTA (Over-The-Air), and so on. 

“We’re honored to have been appreciated by an esteemed automotive organization,” said ES Daniel Kim, CEO of AUTOCRYPT. “As we offer an all-in-one technology products and solutions for OEMs and government agencies, this award is an additional honorable recognition for us on the path to establishing awareness in the automotive security industry in the US and European markets. It will further our efforts in expanding and cooperating with other leading players to accelerate the deployment of safer vehicle security solutions.” 

About AUTOCRYPT

As a leading player in transportation security technologies, AUTOCRYPT provides a secured transportation experience for connected vehicles. AUTOCRYPT’s development began under Penta Security in 2007. A decade later in 2019, it was spun-off as a separate entity and expanded its global presence. Recognized as the Best Auto Cybersecurity Product/Solution by TU-Automotive in 2019, AUTOCRYPT has been aiding in installing modules through various projects to deploy secure V2X, RSU-based communications, and PKI for connected vehicles security. Moreover, AUTOCRYPT has also developed a security solution for Plug&Charge (PnC), a simplified communications solution for EV charging, as well as mobility data platform solutions and fleet management systems. For more information on AUTOCRYPT, visit www.autocrypt.io. For partnership inquiries, email marketing@autocrypt.io. 

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