Al Hilal Bank has deployed Infosys Finacle e-Banking solution to provide internet banking services to its corporate customers, other new functionalities and better banking experience.
Some of the key corporate banking activities supported by the solution are account services, transfers, bulk payments, file upload for transactions, beneficiary management, and advanced reporting.
Infosys said the Finacle e-banking solution reduces service delivery costs via the automation of functions such as online service requests, payments and salary processing.
It also features enhanced security such as two-factor authentication, transaction signing, and one-time passwords. Moreover, the solution helps reduce the time spent facilitating the opening of online accounts and other critical customer requests. Another benefit is the provision of real-time information and alerts covering account details as well as financial news, market updates, exchange rates, and stock quotes.
“The Infosys Finacle e-banking platform enables us to provide a customized, multi-channel experience for our corporate customers. This new and secure internet banking capability is a reflection of our continued focus on making banking as convenient, as technology-enabled and as cost effective as possible for our valued customers,” said Mohammed Jamil Berro, group CEO, Al Hilal Bank.
InfotechLead News Team
