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Northern Arc boosts DCB Bank’s digital lending journey with nPOS

By Gloria Mathias

January 28, 2025

  • Banking technology
  • BankTech
  • Cyberark
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DCB Bank, NPSt, Payments Solutions, Fintech Solutions, ODR, Mumbai, Thane, Fintech Solution Solutions, Banking Technology, Cyberark, Identity Security platform, RegTech, BankTech, northern Arc, Digital Lending nPOS, Northern Arc Capital, a diversified NBFC and financial services platform, has signed an MoU with DCB Bank, a commercial bank, to leverage Northern Arc’s nPOS platform to enhance and scale DCB Bank’s digital lending capabilities.

nPOS is Northern Arc’s proprietary technology co-lending solution. It is a cloud-based, API-enabled platform designed to improve the efficiency of DCB Bank’s loan origination, underwriting, disbursement, and collection reconciliation processes.

This platform will facilitate seamless co-lending and partnership lending activities between the bank and various loan originator partners. nPOS’s advanced security measures include multi-factor authentication, encryption, and customisable business rule engines that leverage data points such as bureau and debt-to-equity, FOIR and other ratios. These enable sophisticated, rule-based decision-making across various financial products.

The nPOS platform will enable DCB Bank to leverage Business Correspondent (BC) Partnerships, Direct Assignment (DA) and Co-Lending. It will also allow for quick onboarding of various NBFCs and streamline accounting, distribution, and reconciliation processes. The digital solution will enable the Bank to reap the benefits of efficiency, provide a better customer experience, and enhance its lending capabilities.

Praveen Kutty, Managing Director & CEO of DCB Bank, said, “We are thrilled to announce the exciting new partnership with Northern Arc Capital. This marks a significant step forward. It enables DCB Bank to continue to innovate and enhance product offerings for our customers. Working together with a forward-thinking business, we are confident of unlocking new opportunities and delivering greater value to our stakeholders. We believe that nPOS is a business growth enhancer and look forward to leveraging the potential of this solution and prepare the Bank for the future. Together, we are stronger and better positioned for success.”

Ashish Mehrotra, CEO & MD of Northern Arc Capital, commented, “We are delighted to partner with DCB Bank to accelerate the next phase of digital lending transformation. The nPOS platform is tailored to meet the dynamic needs of the financial sector, empowering banks like DCB Bank to optimise operations and strengthen their digital reach. This MOU exemplifies the commitment of both DCB Bank and Northern Arc Capital to leverage emerging market opportunities, enhance technological capabilities, and introduce products that cater to a diverse customer base, including improving access to retail credit for businesses and households across India.”

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