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Despite the considerable growth in mobile and internet users in India, the uptake of Digital Banking has been relatively slow. So, what’s holding Digital Banking in India back? The future of Digital Banking in India is looking very bright. With the ever-growing population and the rise of digital natives, more and more people are using … Continue reading How can Digital Banking in India be made more accessible?

Mobile banking apps are revolutionising the world of banking and finance. ATMs are being replaced by the convenience of mobile banking apps, where you can check your accounts, make deposits and withdrawals, and transfer money to friends or family at any time, among other things. If you’re interested in learning more about how to find … Continue reading Features of Innovative Mobile Banking Apps That Merit Your Prominence

Core banking systems are the new-age digital tools that can systematically hold the records of transactions, financial data, account information, loans, deposits, and other documents. The core banking system makes it easy to store, track, record, and retrieve information as and when required. Core banking services can significantly improve the banking experience of a customer … Continue reading Is Now the Right Time to Switch?

The Aadhaar Enabled Payment System, or AEPS for short, is a program that allows people to make digital payments for goods and services with their Aadhaar numbers. So far, it’s been up and running in India for almost a decade. It has been able to reduce the use of cash by 125 billion pieces and … Continue reading All about AePS (Aadhaar Enabled Payment System, AePS)

Digital banking software providers provide banks with rich end-to-end ability and functionality to streamline their operations. They enable them to provide personalized top-notch services to clients. Backed up with innovative automation services and passionate expert consultants; no bank will ever be shipped out of business.  Zenith of the banking system Banking software providers enable financial … Continue reading Role of digital banking software providers

Financial Institution such as Banks play a very important role is wealth creation. Lending is one of the Prime functions of a Financial Institution. A complete Loan Monitoring System helps Banks to keep track of all their lending and keep Bad Loans at the minimum. Banking and financial institutions widely use loan monitoring systems and … Continue reading Why Is A Loan Monitoring System Pivotal To A Lender’s Success?

The digitalization and advancements in technology have led to a boom in the banking sector. Digital banking is the latest trend. The banks adopt online banking channels to provide the best services to the customers which can be used easily and as per the convenience of Customer. It is not only providing more accessibility but … Continue reading Establishing Digital Banking Software for Banks

The introduction of technology and the latest innovation in the banking sector has led to immense growth and development. The best core banking solutions are an integral part of banking systems. They aim to provide a relaxing and comfortable banking experience to customers. The core banking services break the age-old barriers and bring accessibility with … Continue reading What Are The Various Function Of Core Banking Systems?

Core banking is an umbrella term that refers to all the services of a network of bank branches. Core banking deals with banking accounting systems and services. It systematically keeps records of all the vital elements of the banking business like customer data, transaction data, banking transaction logs and much more.  Core banking services smartly integrate … Continue reading What Are The Different Core Banking Service Requirements And Benefits?

What Is Online Banking? Online banking lets people make money moves over the Internet. Online banking gives customers almost the same services available at a local branch, like deposits, transfers, and online bill payments. Nearly every bank has online banking, which can be used on desktop and mobile apps Why are online banking systems critical? Online banking … Continue reading Reasons Why Online Banking Is Essential in Recent times