Our Services
Digital assets, also known as crypto assets, are digital representations of value made possible by cryptography and blockchain. Their original intent was to serve as a vehicle for transferring value without the use of a bank or other trusted third-party entity. Cryptoassets (digital assets) are categorized into three main types: cryptocurrencies, crypto commodities, and crypto tokens. One emerging discussion is the concept of stablecoins, cryptocurrencies pegged to a stable assets and may become a critical component in decentralized finance (DeFi).
Lending Marketplace
Marketplace lending, sometimes called peer-to-peer lending or platform lending or online lending, is one of the key disruptive fintech business models. The Marketplace lenders accounted for loan originations worth billions over the last decade. These advancements come at a time when bank lending to borrowers with less than pristine credit, small businesses, and startups has stalled. Loan origination is becoming almost exclusively algorithmic. Finnovion helps their client with developments in automated decision-making, artificial intelligence (AI), and machine learning (ML) in consumer loan underwriting.
Discover MoreROBO Advisory
Robo-advisors are automated, algorithm driven platforms that advise or manage an individual’s wealth with no or minimal human intervention. Usually, a robo-advisor has four elements: provide full digital access; perform automated portfolio rebalancing; adopt indexation or passive management, and personalize a customer's goals and behaviors. Because they are typically a free service, they appeal to low-margin clients, and, surprisingly, high-net-worth investors—who are usually a target segment for traditional investment advisory firms. Robo advisors are classified as a disruptive technology because they are cheaper than conventional advisory services, are simpler to access, appeal to new customers, and create a new need among existing clientele.
Discover MoremRDC's Solutions
Mobile remote deposit capture, or mRDC, allows consumers to deposit physical checks by snapping an image of the front and back of the deposit check with their phone and sending it to their financial institution. However, mRDC poses some risks for banks. Fraud risk and unintentional misuse--consumer accidentally deposits the same check twice—are typical financial institution concerns.Finnovion with a vast experience in supporting the financial institutions to mitigate the risk posed on the mRDC.
Discover MoreMobile Remittances
Our solutions excel on the mRemittances that would form the backbone for the Financial Institutions. Our Mobile remittance platforms to process remittance transactions have provided a considerable reduction on the operating costs than traditional bricks and mortar providers. These features translate into faster funds transmission and lower transfer fees.
Discover MorePeer-to-Peer Payment
The specific types of risks you’ll encounter will depend on how you choose to engage, such as investing in digital assets or trading, accepting crypto payments, managing custody, or creating new products or service offerings. These are just some of the risks to be mindful of, but the methodology on how you identify, assess and manage risks does not change. Starting with a risk framework, policies and procedures are an important part of this process.
Discover MoreAlgorithmic Credit Scoring
Our cross-functional team of specialists in risk and controls , cybersecurity, and digital assets can help you achieve your vision. We combine our business risk management mindset and consulting capabilities with your business strategy to help you build trust while driving your business. For clients whose independence requirements are met, we may be able to provide attestation and controls assurance services. Our deep experience working with a variety of companies in the digital assets space, including banks and crypto native companies, has helped shape our thinking, and we’ll bring this knowledge to help you identify and manage new risks and meet your objectives.
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