American Financial Services Association - November Featured Business Partner | NETSOL
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November Featured Business Partner | NETSOL

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The featured Business Partner for November is NETSOL. Learn more at https://www.netsoltech.com

With over forty years of experience in providing state-of-the-art solutions, cost-effective capabilities and consulting services to the global asset finance and leasing industry, NETSOL caters to companies, including bluechip organizations, with ever growing and diverse business requirements across the world. NETSOL’s premier, next-gen solution NFS Ascent is built on cutting-edge, modern technology that enables auto, equipment and big ticket finance companies to run their retail and wholesale finance business with ease. With comprehensive domain coverage and powerful configuration engines, it is architected to empower finance and leasing companies with a platform that supports their growth in terms of business volume and transactions. The company takes pride in being the first organization in the industry to introduce digital transformation and launch a complete line of digital solutions. NFS Digital is an ecosystem that augments and enhances finance and leasing operations, and subsequently, enables organizations to reap the benefits of going digital. It leverages the benefits of superior digital solutions across various touchpoints which can be integrated with any back-end system.

What are some key initiatives for your clients in 2023 that you are planning to support?

As a leader in providing technology solutions to the North American and global asset finance and leasing industry, NETSOL continues to futureproof operations for its diverse clientele across the world. One of the key initiatives for our clients that we are planning to support in 2023 is the continued transition from legacy systems to our premier, next-generation platform for the finance and leasing industry.

Our premier product, NFS Ascent, is available both On-Prem as well as on the Cloud via flexible, subscription-based pricing, rapid deployments and the ability to scale on demand. We ensure a seamless migration process for clients pertaining to the transition from legacy systems to our unrivalled, next-generation solution to ensure our customers continue to have a competitive edge.

For those clients that are already using our premier, modern technology platform, we will continue to add digital augmentation through our expanding suite of digital transformation solutions for the finance and leasing industry.

Our digital transformation solutions are extremely robust and can be used with or without our core, next-gen solution (NFS Ascent) to effectively augment and enhance a client’s ecosystem.

Supporting the industry’s transition towards API-first, serverless, cloud-based solutions NETSOL has recently launched its newly developed API-based calculation engine – Flex. It is an independent SaaS product that is cloud-based and can be integrated seamlessly into an organization’s existing and future systems ecosystem including legacy Core and other third-party Lending Management software.

It is a one-stop solution that guarantees precise calculations at all stages of the contract lifecycle through various calculation types. Flex is available in North America, Europe and Asia-Pacific to provide businesses with an instant, cloud-based calculation engine for out-of-the-box integration into their ecosystem.

What’s the best part about being an AFSA Business Partner?

As a Six-Star Premier Business Partner of the American Financial Services Association (AFSA), we are able to work even more closely with other leaders in our industry sharing experiences and insights with fellow member organizations, service providers and regulatory bodies .

As a result of our work with the association as a AFSA Business Partner we gain access to valuable direct marketing opportunities and programs while maximizing the value of our participation in the association’s annual-leading events where we have also attained special recognition – primarily events for the auto finance industry. Further, we have also enhanced our participation via webinars, podcasts and other platforms offered by AFSA.

• What’s one thing about life and/or business that you have learned from your clients?

Expectation management and delivering on our commitments through honest and transparent relationships have been keys to our success in building our business over the past forty years serving many of the world’s biggest finance and leasing businesses, including bluechip companies and Fortune 500 organizations

Our clients are at the very core of our business. As an innovative and adaptive entity, we are laser focused on ensuring that the best interests of our diverse, global clientele are our top priority and that we continue to provide them with the best products and services available in the market. .

What might people be surprised to know about your company?

NETSOL Technologies, Inc. (NASDAQ CM: NTWK) is a worldwide provider of business services and enterprise application solutions. Through the company’s on-shore and off-shore IT operation facilities in America, Europe & APAC, NETSOL provides a wide range of consulting services and cost-effective implementation and development of standard customized leasing and finance solution.

With 20+ years of experience in Asia Pacific regions, 25+ years in Europe and 40+ years in the US, NETSOL has delivered more than 300 product implementations worldwide to a diverse and growing client base, including many leading Fortune 500 companies. NETSOL’s solutions a cater to a broad spectrum of asset finance, leasing and mobility businesses; including automotive lenders and lessors (both captive & non captive), equipment financers, wholesale finance businesses and digital auto retailers.

NETSOL takes pride in being the pioneer organization to offer a full suite of digital transformation solutions to the global asset finance and leasing industry.

During the unprecedented global health crisis (COVID-19), our customers reiterated their trust in us. With the use of our systems and products, their business wasn’t hit by the pandemic, and we ensured zero disruption to their operations. This was due to having a futureproof system.

While businesses across the globe and from various industries were adversely affected by the pandemic, NETSOL ensured uninterrupted services to its global clientele and through its Business Continuity Plan, its operations remained unaffected. Several deployments during the pandemic were carried out entirely remotely by our teams.

November Featured Business Partner | NETSOL
Nov 01, 2022

The featured Business Partner for November is NETSOL. Learn more at https://www.netsoltech.com

With over forty years of experience in providing state-of-the-art solutions, cost-effective capabilities and consulting services to theRead the rest

November White Paper Covers Gubernatorial Emergency Powers
Nov 01, 2022

AFSA’s State Government Affairs Team recently published its monthly White Paper. This month’s white paper discusses recent developments around gubernatorial emergency powers. Each state allows its governor to declare a state of emergencyRead the rest

News From Our Members | PayNearMe Launches PayNearMe Insights
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PayNearMe Launches PayNearMe Insights, an Industry-Leading Suite of Tools to Democratize Data for Clients

“Data shouldn’t be locked in the hands of a few,” John Minor, Chief Product Officer, PayNearMe, said. “There are billions of data

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Double the treats w/ two episodes of the pod
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We’ve got two shows for you today on the AFSA Extra Credit Podcast. First, the Consumer Financial Protection Bureau’s supervisory and enforcement powers can be confusing and if your company is in the crosshairs, a bit unnerving.… Read the rest

Talking VPPs w/ Tyler Gray
Oct 27, 2022

In this episode of the Extra Credit Podcast, Dan chats with Tyler Gray, Director of Sales with LCT on voluntary protection products.

Lots of states, including most recently California, have instituted new voluntary protection product guidelines.… Read the rest

AFSA Honors Two Consumer-Credit Leaders
Oct 25, 2022

AFSA created the Distinguished Service Award (DSA) in 1941 to recognize individuals who contribute to the growth of the financial services industry and our association.

Today, at the 2022 Annual Meeting at The Breakers in Palm Beach, FL, … Read the rest

FTC Hops on the Fee Bandwagon
Oct 21, 2022

Yesterday, the Federal Trade Commission (FTC) released an advance notice of proposed rulemaking (ANPR) “to address certain deceptive or unfair acts or practices relating to fees.” The full ANPR can be found here. AFSA is particularly concerned… Read the rest

Register Today | 2023 Vehicle Finance Conference & Expo
Oct 20, 2022

AFSA’s Vehicle Finance Conference & Expo, the premier industry event for the vehicle finance industry, is an opportunity to gain industry insights and trends on compliance and regulatory activities, best practices from the … Read the rest

AFSA Supports Fair Hiring
Oct 19, 2022

Today, AFSA submitted a letter expressing its strong support for S. 5025, the Fair Hiring in Banking Act. The legislation would remove the prohibition of Americans with minor arrest or conviction records from working in the banking industry.… Read the rest

AFSA Secures Bipartisan Letter Seeking Safeguards Rule Extension
Oct 19, 2022

Today, a bipartisan group of House members wrote a letter to the Federal Trade Commission (FTC) to extend the effective date of the Safeguards Rule for one year until December 9, 2023.

“While we believe this rule makes important strides toward… Read the rest

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