Demystifying Digital Banking Platforms with Infosys Finacle
In the digital age, a Digital Banking Platform is a comprehensive solution that empowers banks and financial institutions to provide online and mobile banking services to their customers. These platforms offer a wide range of features and capabilities, including: 1. Online Banking : Digital banking platforms enable customers to access their accounts, check balances, view transaction history, and make payments, all from the convenience of their computer or mobile device. 2. Mobile Banking : They offer mobile apps that allow users to perform banking transactions on the go, from transferring funds to depositing checks using their smartphones. 3. Payment Services : Digital banking platforms facilitate various payment methods, from person-to-person transfers to bill payments and online shopping. 4. Account Management : Customers can open and manage accounts, apply for loans, and track their financial portfolios digitally. 5. Security : These platforms prioritize security by implementing ro...