BFSI
Reimagine Banking & Finance with AI
The BFSI has been deliberately embracing technology over the past decade, especially in markets like the US and India, where digital payments, neobanks, and decentralized finance (DeFi) are gaining significant traction. With industries related to stock being quick to embrace tech, and compliance regulatory based transactions being (ironically) slow to adapt. In India, initiatives like the Pradhan Mantri Jan Dhan Yojana and UPI (Unified Payments Interface) have revolutionized financial inclusion, while in the US, innovations like Buy Now, Pay Later (BNPL) and AI-driven credit scoring are changing the consumer finance landscape. However, with these advancements come challenges — handling vast volumes of real-time transactions, maintaining data privacy in an increasingly interconnected world, and staying compliant with ever-evolving regulatory frameworks. At Tibil we help fintech businesses navigate these changes with strategic solutions.
Fraud Prevention & Value Detection
The Struggle:
Playing Tag with Fraudsters
In the fast-paced world of fintech, fraud is always lurking around the corner. Every time a transaction is made, there’s a new scam trying to sneak through. Roughly 30% of all businesses fail because of this reason. It’s like being in a never-ending game of “Whack-a-Mole” — as soon as you think you’ve handled one fraud case, another one pops up, potentially risking your customers’ trust and your company’s reputation. You’re constantly looking over your shoulder, knowing that one wrong move could mean big losses.
Our Fix:
Stay Ahead of the Scammers with Proactive Defenses
We help you implement adaptive fraud detection frameworks that evolve with emerging threats. By leveraging risk-based authentication methods and AI-powered transaction monitoring, we ensure that your platform can differentiate between genuine users and fraudsters in real-time. This way, we’re not just reacting to fraud but proactively minimizing it before it escalates.
Regulatory Compliance & Reporting
The Struggle:
Compliance Rules: Where Clarity Goes to Die
Navigating the regulatory landscape in fintech feels like sprinting through a minefield. Every new regulation brings a set of complexities that not only take up valuable time but also increase the risk of non-compliance, a company ending risk. Keeping up with KYC (Know Your Customer) requirements, anti-money laundering (AML) standards, and tax reporting is exhausting, and the penalties for slipping up are steep.
Our Fix:
Turning Compliance Chaos into Streamlined Simplicity
We streamline your compliance workflows by building automated solutions that generate accurate reports and ensure all KYC and AML checks are integrated seamlessly into your system. With data-driven compliance dashboards, we help you stay on top of regulatory requirements while reducing manual oversight, allowing you to focus on what matters most — serving your customers.
Customer Data Privacy
The Struggle:
Protecting Data While the Hackers are at the Door
In fintech, data is currency — but it’s also a target. Your customers trust you with their most sensitive information, and a breach could cost you more than just money; it could cost you your reputation. It’s a constant battle to secure that data, yet it always feels like the bad guys are one step ahead. How do you protect your customers’ information when new cyber threats emerge daily?
Our Fix:
Locked, Loaded, and Encrypted; No Breaches ever
We prioritize data security by implementing best practices in encryption and secure data storage. We ensure that sensitive customer data is protected both in transit and at rest, using industry-leading security protocols. Additionally, we help you design privacy-first systems that comply with global standards like GDPR and CCPA, so you can confidently assure customers that their information is in safe hands.
Legacy Banking System Integration
The Struggle:
Plugging a USB-C Charger into a Record Player
Imagine trying to plug a high-speed internet cable into a dial-up modem. That’s what it’s like when fintech companies try to integrate with legacy banking systems. Older infrastructures weren’t built to accommodate the rapid pace of digital transformation, causing friction in payment processing, transaction security, and customer data management.The result? Delayed transactions, security headaches, and a customer experience that feels more like a trip to the past than the future of finance.
Our Fix:
Modernizing Legacy Systems Without Breaking the Bank
We tackle legacy system integration with a two-pronged approach: modernization and optimization. Using industry-standard open banking APIs, we bridge the gap between your fintech services and the old guard of banking tech. We implement microservices architectures to enable faster, more flexible connections between systems, and ensure secure data exchanges with encrypted API gateways. By decoupling monolithic systems and introducing more scalable solutions, we ensure your fintech operations run smoothly, with lightning-fast transactions and robust security; Without completely redesigning from the ground up.
We have data solutions that can accelerate your AI journey. We build customized digital solutions that incorporate every aspect of data seamlessly to address your digital business needs. While we have categorized our services to align with your data and AI journey, we leverage our expertise and different solution components to ensure your business data is put to the best use.
Value Stories
ML-powered prediction of loan delinquency for a large BFSI firm
Reduced credit risk
with data-driven loan disbursement
Higher cross-selling
with better customer segmentation
$400K
in loans identified for consolidation
ML-powered prediction of loan delinquency for a large BFSI firm
Value Stories
Automated digital payment settlement and reconciliation for a leading B2B digital payments company.
1 hour!
Manual settlement and reconciliation process reduced from 2 days to 1 hour
34
Countries added to customer’s roster post implementation
$50 Mn
Worth commercial card payment processed with higher trust
Automated digital payment settlement and reconciliation for a leading B2B digital payments company.
Value Stories
High-end, multi-platform virtual ATMs built for a leading bank
$300K+
investment received by the bank for this project
Lower operating costs
by reducing the number of physical ATM locations.
Higher footfall and revenue
for participating merchants through cross-selling
High-end, multi-platform virtual ATMs built for a leading bank
Value Stories
Multi-lingual mobile soundbox payment confirmation solution for a leading bank
Real-time audio notifications
eliminate the need for a physical soundbox
Seamless tracking
of all transactions via a dashboard
SIM-based signup
for enhanced user convenience
Multi-lingual mobile soundbox payment confirmation solution for a leading bank
