Digital Banking Solutions
What are Digital Banking Solutions?
Digital banking solutions encompass a variety of online and mobile banking services designed to provide customers with convenient access to their financial accounts and manage their finances efficiently. These solutions include features like account management, payments, bill payments, and remote check deposits, accessible anytime and anywhere.
Integrated within our enterprise core platform, these innovative technologies ensure your institution remains adaptable at every step. They enable you to stay ahead of industry trends, meet evolving customer expectations, and maintain a competitive edge.
Digital banking solutions are equipped with a user-friendly interface and advanced security features, offering a seamless banking experience. They have gained popularity as more customers opt for online financial transactions over traditional bank visits. Leveraging technologies such as cloud computing, artificial intelligence, and data analytics, these solutions provide real-time access to financial data and insights. This capability empowers customers to make informed decisions and effectively manage their finances in today’s digital era.
What are the business benefits of Digital Banking Solutions?
Convenience
Digital banking allows you to bank anywhere, anytime, saving you time and offering features like remote check deposits, balance checks, fund transfers, and cashless payments. It enhances security by eliminating the need for physical cash and provides transaction tracking for better financial management.
Features
Banking apps offer robust features such as personalized financial advice, savings tools, calculators, and virtual assistants. You can manage accounts, pay bills, deposit checks, and even make peer-to-peer payments seamlessly. Features like cardless ATM withdrawals and budgeting tools further enhance the banking experience.
Security
Banks prioritize security with features like biometric login, multifactor authentication, and real-time risk detection. Digital payments and e-wallets often provide more security than physical cards.
Control
Digital banking gives you full control over your finances with 24/7 access to manage and move money in real-time. Automated tools, push notifications, and instant card activation simplify financial tasks and improve efficiency, reducing manual errors and processing times.
Persistent’s approach:
Digital Banking Solutions
The Persistent Digital Bank and Credit Union Solution combines services and a technology platform to accelerate your digital transformation. A cloud-based platform of micro-services, pre-built integrations and accelerators enable you to extend your existing IT investments by utilizing cloud based technologies to deliver seamless digital banking experiences.
Rapidly deploy new digital banking capabilities including customer onboarding, digital deposits, loan account opening and automated credit decisioning.
More on Digital Banking Solutions
AI enhances digital banking by enabling personalized customer experiences, predictive analytics for financial planning, and fraud detection. AI-powered chatbots also provide instant customer support, improving service efficiency.
Data analytics in digital banking helps banks understand customer behavior, preferences, and financial patterns. This data-driven insight allows for targeted marketing, risk assessment, and the development of customized financial products.
Blockchain technology ensures secure and transparent transactions in digital banking, particularly in areas like cross-border payments and smart contracts. Cryptocurrencies offer alternative payment methods and investment opportunities through digital wallets integrated into banking apps.
Cloud computing enables scalability, flexibility, and cost-efficiency in digital banking infrastructure. Banks leverage cloud platforms for data storage, application hosting, and deploying new banking services faster while ensuring regulatory compliance and data security.
Related Content
Contact us
(*) Asterisk denotes mandatory fields