Industry
Banking & Financial Services
Digital Solutions for Customer-Centric Banking
Trusted, secure solutions with flexible engagement models to forge key partnerships with your clients to bank with you from anywhere across the globe.
Banking and Finance Enterprise solutions have gone beyond traditional banking and will continue to be driven by technologies like AI, RPA, Blockchain, and IoT. Customers constantly demand and relish more flexibility and accessibility in their experience.
Fintechs, millennials & lighthouse customers keep changing the rules of the game. Innovation and agility of banks are therefore a success determinant.
Capitalization measures enforced post-2007 ensure most banks get through the COVID-19 scenario. However, disruptive models and ability to recalibrate strategies with a Digital First, Cloud First model is the need of the hour.
Fintechs, millennials & lighthouse customers keep changing the rules of the game. Innovation and agility of banks are therefore a success determinant.
Capitalization measures enforced post-2007 ensure most banks get through the COVID-19 scenario. However, disruptive models and ability to recalibrate strategies with a Digital First, Cloud First model is the need of the hour.
Our digital banking solution enables a leading bank to securely process over 3Mn unique transactions a day. Our BFSI solutions has helped many institutions decrease their time to market by up to 30% and increased efficiencies by over 22%.
We helped create flexible and secure human-centric solutions that increased engagement by over 40% for our clients. With our extended ecosystem of Fintech partners we create exponential value.
Our Achievements
55%
increase in efficiency through a digital-application that automates manual payment processes
increase in efficiency through a digital-application that automates manual payment processes
40%
increase in client acquisition for a leading South African bank by digitally transforming their business from using Symbian applications, to transfer money, manage bank accounts and comply with the banking regulations
increase in client acquisition for a leading South African bank by digitally transforming their business from using Symbian applications, to transfer money, manage bank accounts and comply with the banking regulations
25%
increase in efficiency for multiple accounting bureaus of Finland with the help of a financial invoicing self-service application
increase in efficiency for multiple accounting bureaus of Finland with the help of a financial invoicing self-service application
22%
reduction in overheads and optimized processes for many institutions with our finance software development and banking solutions
reduction in overheads and optimized processes for many institutions with our finance software development and banking solutions
Developed the largest European SEPA compliant merchant banking and interbank platform
Extended ecosystem of Fintech solution partners for creating exponential value
One of our solutions for a leading American multinational financial services company rated as Best Mobile Trading Platform by BARRON’S with 4.5+/5 rating for 4 consecutive years and played a crucial role in the client being rated Best Options Trader by Barron’s for 5 consecutive years
Segments We Serve
Our Capabilities
Our Platforms
Success Stories
Insights
Article
The Battle For Our Bank Accounts – How Machine Learning and Continuous Monitoring Can Prevent Fraud Attacks
The ultimate prize for cybercriminals is to obtain access to other people’s money - so it’s no wonder that account takeover attacks are on the rise. In this article, originally published by Fraud Intelligence, Greg Hancell, Manager of Global Fraud Consulting at OneSpan, explains how banks can apply continuous monitoring and machine learning to defend against account takeover attacks.
Article
New Imperatives for European Banking
COVID-19 remains an unresolved health challenge that has resulted in tragic loss of life. The economic contraction emerging in its wake will likely be the deepest since World War II and the road to recovery will be long and challenging. Over the past few months, banking leaders have displayed resolve and resilience, moving swiftly to protect the health of employees and customers, ensure the continuity of basic banking services, and build up capital, liquidity, and cost buffers to strengthen their institutions. In the coming months, banks will start to return to something resembling normal service, reopening offices and branches. But so much has changed over the past few weeks: customers’ financial needs, the way they engage, how employees work, and even society’s expectations of banks.
Article
The Changing Face of Banking
When I opened my first bank account over 2 decades back, I had to be introduced into the bank by a good Samaritan. It took me over 10 days to get the procedural work done and have the passbook and cheque book posted to me. My experience with a leading UK bank when I first opened a bank account in UK 5 years back was not much different. While they had digitised the process of capturing KYC via a tablet in the branch I still had to wait for over 2 weeks to have my debit card sent by Royal Mail to me.
Article
Technology Innovations Driving Change in Transaction Banking
The environment for transaction banking in Europe is extremely challenging, with continued margin pressure and low interest rates making revenue growth difficult. Drawing on recent market research and conversations with transaction banking executives, McKinsey sees four key developments with the potential for system-level impact for the business: advanced analytics and machine learning (AAML); distributed ledger (eg, blockchain) technology; FinTech challengers; and the Payments Services Directive 2 (PSD2).