A comprehensive solution delivering a full spectrum of wealth products as great experiences. It also improves the productivity of financial advisors and streaml
Find out how a leading American bank adapts to a digitalized trade and supply chain finance operations as a part of its larger transformation by leveraging Finacle Trade Finance Solution Suite.
Recomposing Banking: Leading the Digital Continuum
Report gives you a glimpse of the major areas where recomposing banking will create significant impact and value, Infosys Finacle has put together a report on..
For a banking leader, staying competitive means driving innovation—adopting new business models, enhancing digital engagement, achieving operational agility, fo
For decades, banking systems have relied on monolithic architectures-vast, interconnected applications that once drove efficiency but now hinder progress.
This report from Infosys Finacle delves into the need for accelerating cloud adoption, highlights the current state of the industry, and puts forth key recommen
“Transforming for the digital future for us means laying a strong technological foundation that is built for the scale and agility required to not just meet the demands of our customers but far exceed them. To this end, we were looking to modernize our core with Finacle, and consolidate multiple disparate systems into a single universal banking solution. Finacle’s digital banking suite of solutions have not only helped us improve the time to market for new products and services, but we have also seen about a 10% increase in loan origination over a period of 3 months. With the transformation program we have accomplished simplification and unification of bank processes, resulting in considerable cost efficiencies.”
Somanth Menon
Group Chief Operating Officer Al Ahli Bank of Kuwait
Leveraging the True Potential of a Digital Engagement Suite
Reduction in technology infrastructure cost
Frictionless biometric authentication for customer centric banking
Increased customer adoption across newer digital banking channels
Simultaneous roll out of new products across all digital banking touch points
Digital Engagement Suite Al Ahli Bank Kuwait Experienced
62%
Increase in customer logins through digital channels
Increase
91%
In new customer registrations
Increase
3%
3x in transaction volume across digital channels
Increase
“We are a progressive bank with the interest of our customers at the heart of everything we do. Transforming to effectively serve, continuously delight and digitally engage the smart consumer of today is a key strategic priority for the bank. In Finacle, we saw the promise of an agile digital engagement solution that could help us make banking easy, secure and intuitive for our customers. With Finacle we can now launch new products more efficiently and have been able to significantly reduce the time to market forthe launch of these products. We have partnered with Finacle for their expertise and experience in the past and look forward to collaborating with them in the future.”
Somanth Menon
Group Chief Operating Officer Al Ahli Bank of Kuwait
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