The fusion of technology in the insurance sector has a significant impact in all facets of the business, allowing insurance companies to find a ‘sweet spot’ where they can combine traditional strengths and efficiencies brought about by the use of technology.
With the rapid proliferation of digital channels, cybercrimes, especially money laundering, have seen a marked increase. Anti-Money Laundering (AML) software empowers banks with adequate controls to red-flag security issues and meet prudential guidelines required by Governments of banking transactions.
Bankers Realm Electronic Funds Transfer (BREFT), an over-the-counter channel that runs 24 x 7 x 365 on auto-pilot, requiring just Internet connectivity, acts as a switch between the Core Banking System and alternative business channels.
Cheque Truncation System is designed to mitigate instances of cheque fraud, counterfeit cheques and signature forgery.
Corporate Connect is a technology platform that allows corporates to conveniently disburse bulk payments via Mobile Money and other payment transfer methods.
Loan Management System is a dedicated loan software with features like credit verification, thorough underwriting, prompt sanction and loan portfolio monitoring.
Remote Account Opening is an agile solution that facilitates opening of customer accounts remotely/digitally via the banks availed channels with proper KYC validation done through our integration to third-party data systems.
Social banking that enables customers to access financial services, both banking and non‐banking related via social media platforms is a sought-after convenience!
An integrated mobile commerce platform that connects directly to diverse financial services verticals like banking, SACCO, microfinance accounts, prepaid wallets, mobile wallets and credit cards to drive multiple transactions is a useful tool.
To effectively manage agents, it is vital to have a scalable software that offers an intuitive and secure mobile banking experience for retail agents. Agency Banking software has all these in-built capabilities and much more.
