The Strategic Edge of Internal Development Teams in Banks
In this digital age, financial institutions are increasingly reliant on diverse applications that need to seamlessly work together. Whether it’s extracting data from the core to propel your new marketing campaign or processing new loan data back into the core, or generating actionable reports based on the reliable data delivered from several systems – these, and almost any other new system deployment requires some degree of integration between various systems.
Real-Time Customer Authentication
Real-time customer authentication helps banks and credit unions verify a customer by using an out-of-band method (SMS text) to send a unique, numeric code that allows for instant, customer authentication. It can be part of a bank's multi-factor authentication process to help minimize fraudulent identity risk.
Case Study - Backend Support System Drives Wearable Pay Ring
The Pay Ring is an innovative payment technology that allows bank customers wearing the ring to conveniently wave their hand near a contactless terminal to make retail purchases. It's like tapping a credit or debit card, and can be used worldwide at any payment terminal that accepts contactless payments. Key to its deployment was significant development to integrate systems, streamline the operational processes and implement the safeguards necessary to both deliver the rings and to ensure their usefulness once deployed.
10 Uses For RPA in Community Banks
Community banks play a critical role in their local economy, and the bank’s leadership position in the community is second to none. To maintain this position, community banks of any size must ...