Banking
Extensive knowledge and implication of Open Banking API, delivery of API, Banking, and Payments related financial solutions, consent, FPS, BACS, Direct Debits and SEPA, working understanding of compliance and regulatory requirements surrounding Fintech and banking. Open banking APIs based Banking-as-a-Service is a business model where banks integrate their services into a third-party’s product or service. Fintechs and non-financial companies (NFCs) use BaaS to offer customers better digital banking services, like one-minute loan approvals, without getting their own banking license. This is made possible through open banking APIs. Open banking APIs allow to build faster, more secure bank rails. Once you implement open banking, you can enable users to make direct payments seamlessly without entering card details. We offer specialized services tailored to address the unique needs of the banking industry. With our in-depth knowledge and experience, we are committed to helping banks and financial institutions overcome challenges and achieve their goals. Explore comprehensive banking use case services below:
- Which regulatory frameworks or guidelines do you need to comply with in relation to Open Banking?
- What measures have you implemented or plan to implement to ensure the security of customer data in Open Banking?
- Do you have existing APIs or systems that need to be integrated with Open Banking standards?
- How do you plan to obtain and manage customer consent for sharing their financial data through Open Banking?
Banking
Industry Expertise
We have proven expertise and track record of working with banking and financial institutions. We understand the unique dynamics of the banking sector, allowing us to provide tailored solutions &insights.
Regulatory Compliance
We help clients stay updated with the latest regulations, streamline their compliance processes, and mitigate compliance risks. We assist in conducting compliance audits.
Digital Transformation
We support banks in embracing digital technologies & implementing innovative solutions to enhance operational efficiency & improve customer experience.
Risk Management
Our services encompass comprehensive risk assessment, identification, & mitigation strategies. We assist banks in developing risk management frameworks, stress testing methodologies, and governance structures to proactively manage and mitigate risks.
Process Optimization
Streamlining banking operations is critical for achieving cost efficiency and superior customer service. Our services cover process automation, workflow redesign, performance, and organizational change management to enhance operational effectiveness.
Customer Engagement and Retention
Our services focus on developing customer-centric strategies, leveraging data analytics, & implementing personalized experiences. We help banks create customer journey maps & improve their customer relationship management.