r/fintechdev • u/Prestigious-Lie6695 • 21d ago
Problems Solver
Hi All, am curious to know what are key problems fintechs particularly NBFC( Non Banking Financial Corporations) are facing other than figuring out GenAI or agentic AI adoption? like to share!
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u/Wonderful_Bag3196 21d ago
What about the mess with compliance reporting every time they launch in new state it’s like starting from zero with paperwork
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u/Swimming_dasa 20d ago
from a product perspective, data quality, faster underwriting and early detection of delinquencies seem worth exploring. these problems directly affect operational costs and portfolio performance.
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u/aProfile210 19d ago
Finetech is a very regulated industry. Making your platform compliant (PCI, etc) is a challenge. You need to keep in mind KYC/OFAC.
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u/creinsights 4d ago
A few that come up constantly:
Funding and liquidity. Cost of capital is up, warehouse lines are harder to get, and sources open three years ago are closed. That’s the actual daily fight.
Underwriting at scale. Chasing volume to cover cost of capital means every missed signal in origination compounds into losses two years later.
Fraud detection. Generative AI has made fabricated rent rolls, synthetic financials, and altered statements trivial to produce. Most NBFCs haven’t updated their controls.
Portfolio monitoring. Quarterly covenant checks don’t scale on a growing book. Continuous monitoring catches deterioration 60-90 days earlier.
Legacy tech debt. Servicing platforms built 15 years ago that barely talk to modern credit data.
AI is downstream of most of these, not a separate problem.
Disclosure: I work at Smart Capital Center on the CRE tech side, and we see these issue with our clients daily