Promoting Financial Wellness Among Mobile-First Customers
Finacle Mobile Banking solution combines outstanding functionalities with a well-designed user experience to promote financial well-being among retail and corporate customers. The solution helps banks leverage insights derived from user behavior and transactions to nudge customers to save more and make better financial decisions.
The Forrester Wave™: Digital Banking Engagement Hubs, Q3 2021
Learn Why Forrester Named
Finacle a Leader
“EdgeVerve excels with engagement infrastructure on a well-designed architecture… The solution comes with strong API management, offers broad and rich retail, business, and corporate banking services, and excels with its top-tier engagement infrastructure… EdgeVerve is a good fit for banks with a preference for custom-built apps seeking an advanced solution that can be melted into their existing infrastructure"
– Jost Hoppermann, Ex - VP and Principal Analyst
Onboard New Customers Instantly
We know first impressions matter and that the account opening experience plays a big role in shaping opinion about the bank itself. Finacle Mobile Banking solution helps banks sign up and onboard new customers within minutes and welcome them with a guided tour of the app features and navigation.
- Digital onboarding of new customers (via smartphones) within 2 minutes
- 65% of savings and transaction accounts are now opened on digital channels
- 250% increase in mobile transactions within the first year
“To achieve the transformation in 10 months was a remarkable outcome” – John Ford, Ex-Chief Executive Officer, Australian Military Bank
Contextual Digital Engagements
Finacle Mobile Banking solution helps banks design consistent experiences and contextual engagements to promote financial wellness among customers. The application analyzes the context and insights from user behavior and transactions to devise smart financial nudges that help customers make informed decisions.
Al Ahli Bank of Kuwait delivers a truly digital banking experience
- 91% increase in new customer registrations
- 3X increase in transaction volume across digital channels
- Frictionless biometric authentication enabled for customers
“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.”
– Somanth Menon, Ex- Group COO Al Ahil Bank of Kuwait
Finacle Mobile Banking solution brings the full spectrum of banking products and services to the
fingertips of customers. They get full visibility into all their accounts and can transact on the go.
Accelerate Innovation
Finacle Mobile Banking solution can accelerate innovation in two broad ways – enable banks’ digital teams to roll out new features faster and facilitate efficient collaboration with external entities through APIs.
Banks can also fast track innovation through the Finacle App Center. It showcases the innovative solutions developed by the Finacle ecosystem consisting of partners, startups, and clients. The banks get easy access to a growing set of innovations being developed around Finacle solutions by an ecosystem of trusted partners, FinTechs and clients.
A Solution Built on Advanced Technology
Finacle Mobile Banking solution is built on an advanced and extensible architecture that banks can flexibly adopt and upgrade as an independent solution.
