Retail banking is becoming more volatile and techno-savvy. Individual consumers are vying for extra comfort with no overheads. Retail banking clients are offered a wide range of personal banking services, including mushrooming flexi-timed branches with real-time saving facilities, checking accounts and bill-paying services. Debit and credit cards with pin and microchips are also easily available, in addition to more flexible mortgages and personal loans. Highly networked ATMs, one-click-away online banking services, and 24/7 call support and IVRs are making it all incredibly vibrant.
Retail banking is changing at an alarming rate, where an experienced, scalable and reachable technology partner is required to produce a registered brand in retail banking.
Some of the ITS offerings of products and solutions in Retail Banking include :