The banking sector has seen an invasion of innovation and competition in recent years led by digitalization.
Today every bank is talking about digitalization and wants to become a complete “digital bank” which goes well beyond just what meets the customer’s eyes and fingers but digitalization has to happen at both internal as well as the customer-facing front. In this pursuit, every bank is functioning as a technology company and the whole business is seen through the lens of digital technologies.
But before a bank decides a right path to digital transformation, should understand that a digital front-end without a robust and strong back-end is just like imitation jewellery; well-packaged and designed but not built to last long and deliver returns over an extended period of time.
A right approach is a collaborative approach in which a digital front-end is supported by a robust back-end.
As a preferred vendor to many banks in emerging markets Aurionpro has delivered cutting edge digital transaction banking solution enabling banks to improve the efficiency of payment transactions and reduce time-to-market for new offerings.