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Latest Banking News
Automated environments: The new mantra in banking - Financial Express
Banking solutions have emerged as an indispensable part of the Banking industry as it swiftly moves towards a paperless system. Solutions today are parameterisable with out-of-the-box features like 24x7 operations, multiple delivery channel support, e-Xtensibility tool kits, STP, workflow and many others. Some softwares are capable of 40 million transactions per hour. It comes as no surprise that banks have increased their IT spend in order to smoothen their operational processes even spending up to Rs 75 crores. Several banks have launched mobile Banking and Internet Banking already and are in the process of upgrading ATM uptime.
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