Tata Motors Finance Partners with Fiserv to Expand Financing Services with Global Technology ET Auto

Finance


To drive its digital strategy and meet rapidly changing customer expectations, Tata Motors Finance launched a microservices-based platform-as-a-service with a set of APIs to support the orchestration of digital user experiences. Installed Fiserv’s FirstVision.

New Delhi: Leading auto finance company Tata Motors Finance Limited has partnered with Fiserve, a leading global provider of payments and financial services technology solutions, to enhance its digital lending capabilities and lead the way through new offerings. customer experience. To enhance its digital strategy and meet rapidly changing customer expectations, Tata Motors Finance launched Fiserv, a microservices-based platform-as-a-service with a set of APIs to support the orchestration of digital user experiences. introduced his FirstVision.

Samrat Gupta, M.D. and CEO of Tata Motors Finance said, “We are delighted to be able to work with Fiserv to pave the way for innovative last-mile services for our key customers. I’m glad to see you,” he said. “Our integration with FirstVision will enable commercial vehicle operators to provide an on-tap digital financial solution that covers operating expenses such as fuel, payroll, taxes, lubricants, tolls, insurance, spare parts, repairs and tires. In addition, our cutting-edge technology platform will help us introduce bespoke new-age digital products that solve the dynamic cash flow requirements of the logistics industry,” he said.

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FirstVision’s flexible architecture, scalability and open API will enable Tata Motors Finance to develop and bring new products to market easily and cost-effectively. Comprehensive capabilities such as customer management, seamless financing, collections modules and rewards capabilities help companies streamline their digital operations and improve customer experience while ensuring compliance requirements are met.

“Financial institutions in India are still at the forefront of digital transformation and with the right mix of capabilities, infrastructure, people and security, they can adapt and differentiate more efficiently while delivering innovative experiences to their customers. Fiserve’s President and Head of Asia Pacific, said Ivo Disterbrink, Executive Vice President. “Our partnership with Tata Motors Finance highlights the reach of digital transformation in India, driving financial inclusion at scale with the latest global technology.”

  • Published June 27, 2023 at 1:10 PM IST

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