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Tipalti remits supplier payments on your behalf in 6 different payment methods and in 120+ currencies to over 196 countries. Learn more about Tipalti
Tipalti remits supplier payments on your behalf in 6 different payment methods (US ACH, international ACH / eCheck, wire transfers, PayPal, prepaid debit card, paper check) and in 120+ currencies to over 196 countries. Tipalti also offers early payments seamlessly integrated into the process, making it easy for suppliers to get paid early. There is no need to log into multiple banking systems. Learn more about Tipalti

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
nCino® is the Worldwide Leader in Cloud Banking for Financial Institutions. An end-to-end, single, secure, Bank Operating System® Learn more about nCino
nCino's Bank Operating System® is the Worldwide Leader in Cloud Banking for Financial Institutions. Built by bankers for bankers, nCino streamlines all customer and employee interactions within a single cloud-based Bank Operating System®. Focusing on increasing efficiency, transparency, profitability, and regulatory compliance across all lines of business. Reduce servicing costs, loan closing times, & policy exceptions while increasing account opening completion rates, profitability, and more. Learn more about nCino

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Solution that helps financial institutions manage Anti-Money Laundering regulations while saving cost. Learn more about Effiya Anti-Money Laundering Solution
Effiya AML Solution helps financial institutions comply with AML regulations - while saving their cost. Regular AML software users see a lot of false positive alerts - but Effiya AML safely reduces this number by 30%. It means - 30% less investigations and 30% less compliance cost. It effectively works for FIs like exchange houses, banks, fintechs, asset management firms, etc. Learn more about Effiya Anti-Money Laundering Solution

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Fraud.net is a leading fraud prevention & fraud detection platform for enterprises in the financial services & digital commerce sector. Learn more about Fraud.net
Increase revenues and reduce fraud, affordably. Recognized in Gartner’s Market Guide for Online Fraud Detection, Fraud.net is a leading KYC/AML, fraud prevention and fraud detection platform for enterprises in the financial services and digital commerce sectors. Our powerful SaaS solution combines AI & deep learning, collective intelligence, rules-based decision engines, and streaming analytics to detect fraud in real-time, at scale. Request a demo today to learn more! Learn more about Fraud.net

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Enterprise-grade loan software that allows you to launch new loan product lines, enter new markets, and automate routine tasks. Learn more about The Nortridge Loan System
Enterprise-grade loan software that allows you to launch new loan product lines, enter new markets, and automate routine tasks to keep productivity up. Our software is secure and feature-rich enough to be trusted by large, publicly-traded lenders, while constant updates allow you to keep growing and keep up with the changing competitive landscape and changing regulations. Go ahead, take it for a spin. Learn more about The Nortridge Loan System

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Plaid is the easiest way for users to connect their financial accounts to an app. Learn more about Plaid
Plaid is a technology platform that enables applications to connect with users bank accounts. Plaid focuses on lowering the barriers to entry in financial services by making it easier and safer to use financial data. Learn more about Plaid

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
TurnKey Lender is a powerful lending automation platform for large-scale lending businesses. Learn more about Turnkey Lender
TurnKey Lender Enterprise platform allows large-scale financial companies to automate all parts of their unique lending process at scale. It's a no-code SaaS solution that can be tailored to your needs with record time-to-market. TurnKey Lender applies proprietary AI and award-winning technology to automate loan origination, credit scoring, loan servicing, collections, reporting, due diligence, risk analysis, and all other parts of the loan's lifecycle. Learn more about Turnkey Lender

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Real-time, risk-driven lifecycle management platform with full ownership of policy automation, increased efficiencies and reduces risk. Learn more about KYC Portal
The system is fully focused on automating the back-office of KYC & due diligence processes. Starting from the aspect that it allows the client to fill in directly & upload all necessary documents related to the entire on-boarding process. KYCP also automates the calculation of risk, based on pre-defined dynamic parameters which allows for instant automation on how the application should be handled. KYC Portal is an award winning fully dynamic, risk-driven Client Lifecycle Management platform. Learn more about KYC Portal

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
The Online Banking Software Solution - The worldwide leading Online Core Banking System. Learn more about NexorONE
NexorONE - with its robust scalability and diversity of modules it serves a broad variety of financial entities such as: Online and Private Banks, Credit Unions, eWallets and Trusts & Asset Management Companies. NexorONE has already been deployed to more than 300 financial entities worldwide, spread throughout 40 countries and in 16 languages. Features include a customizable responsive interface, user groups and admin roles, compliance rules (KYC, AML, etc.), API's and continuous updates. Learn more about NexorONE

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Centrex is a fully integrated suite of white label fintech software solutions designed for brokers, direct funders, and investors. Learn more about Centrex
Centrex is a fully integrated suite of white label fintech software solutions designed for brokers, direct funders, and investors. Rid yourself of trying to string multiple technologies together to run your finance business. Centrex brings everything that you need all under one roof. From CRM, email and SMS marketing, website integrations, deal opportunity management, to pulling credit, bank statements, ACH processing, servicing, accounting, broker portals, and client portals. Learn more about Centrex

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
White-label mobile banking solution that helps financial institutions go mobile fast and hassle-free. Learn more about FinCell
FinCell is a native white-label mobile banking app helping financial institutions go mobile in weeks rather than months. We work with traditional banks that focus on daily banking, specialised banks that service a particular industry on customer segment, and lending institutions. Our goal is to deliver a smooth user experience along with rich out-of-box functionality, enabling customers to easily check balances, make payments, manage cards, deposits, loans, etc. Learn more about FinCell

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Regulatory technology that enables financial institutions to fully automate their risk and compliance processes. Learn more about Continuity
We are a leading provider of RegTech solutions that automate compliance management for financial institutions of all sizes. By combining regulatory expertise and cloud technology, we provide a proven way to reduce regulatory burden and mitigate compliance risk at a fraction of the cost. Our solutions are designed to automate all aspects of compliance management, from interpretation of regulatory issuances through intuitive task delegation, vendor management, and board reporting. Learn more about Continuity

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Pay & Get paid by Digital checks, Printable Checks, eChecks, ACH, RTP. Pay using a credit card even where cards are not accepted.
Online Check Writer provides you services starting from check printing to online banking. The software allows you to print checks instantly on blank stock papers using a regular printer at your office or home. Also, it let you move money seamlessly by ACH, Wire, and e-checks. In addition, OCW’s online banking service, Zil, offers a free business checking account with ACH & Wire Transfers. Our latest offer is the ability to pay anywhere using a credit card even where cards are not accepted. Learn more about Online Check Writer

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
ProcessMaker is an award-winning cloud-based, low-code business process management (BPM) and workflow automation platform.
ProcessMaker's low-code workflow automation platform empowers business users to rapidly design and deploy solutions to complex workflow problems in weeks, not months. The platform makes it easy for users to automate processes, connect and extend third party systems, reduce bottlenecks, and deliver true digital agility to your organization. Learn more about ProcessMaker

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Accounts payable tool that enables firms to optimize payment processes, maintain vendor records, manage invoices, and generate reports.
acompay allows companies to go 100% Paperless with the whole Accounts Payable process from vendor invoices all the way to vendor payments. Reduce invoice processing costs by 75%-85%. In addition our unique Paperless Pay offer eliminates 100% of the check printing and mailing costs and transition most vendors to Electronic Payments. Best of all it comes with a complete Vendor Management service to handle all vendor communications and registration. Learn more about AP Workflow Automation

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Information security and compliance software for Risk Assessment, Policies, Business Continuity Planning, Vendor Management, and more.
Tandem Security & Compliance Software is an innovative suite of information security and compliance management tools used by more than 1400 U.S. financial institutions. Products include: Risk Assessment, Policies, Business Continuity Planning, Vendor Management, Audit Management, Phishing, Cybersecurity, and more. Software features include secure document storage, unlimited users, roles & responsibilities, tasks, email reminders, and incredible support. Learn more about Tandem Software

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Wooqer is One App for All Ops that enables biz and teams of all sizes to get actions on ground InSync with strategy.
Wooqer is One App for All Ops that enables businesses & teams of all sizes to get actions on ground InSync with strategy. Boost your business results with proven Apps on the marketplace or explore various integrations that help you build a powerful decision support system. Wooqer is for everyone - who need to Get The Job Done! Learn more about Wooqer

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Cloud-based banking management tool that helps with transaction processing, operational scalability, product designing, and more.
Temenos Transact is the most successful and widely used digital core-banking solution in the world. Using cloud-native and agnostic technology, Temenos Transact provides the most extensive and richest set of banking functionality across retail, corporate, treasury, wealth, and payments with over 1000 banks in 150+ countries relying on it to provide market-leading and innovative products and services to their customers. Learn more about Temenos Transact

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Canada Local product
AML compliance and fraud prevention solution with due diligence, transaction monitoring, regulatory reporting, analytics and more.
Designed for financial institutions, MSBs, fintechs and casinos, Alessa is an AML compliance solution that offers customer due diligence, sanctions and watchlist screening, transaction screening and regulatory reporting for various jurisdictions. It can quickly integrate with existing core systems and scale with organizations as their size and needs grow. Advanced analytics based on AI-techniques, workflows and case management creates a solution that encourages a culture of compliance. Learn more about Alessa

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Open's business account combines all of banking, payments, accounting, tax management and expense management.
Open is Asia’s first and fastest growing business banking platform for SMEs and startups. Open helps businesses automate their finances by letting them collect online payments, do bulk payouts, reconcile transactions and integrate banking into their business workflows through a bunch of developer-friendly APIs. Currently, Open empowers over 20,00,000 SMEs, while globally adding over 1 lac new SMEs/month and processing over $24 billion in transaction annually. Learn more about Open

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Addresses the core banking & web based cash management requirements of retail, corporate and universal banks worldwide.
Finacle from Infosys helps banks transform by providing solutions and services that enable a shift in their strategic and operational priorities. The offerings address the comprehensive technology-led business transformation requirements of retail, corporate and universal banks worldwide by maximizing their opportunities for growth, while minimizing the risks that come with such large scale transformation. Learn more about Finacle

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Oradian is the next generation of cloud-based core banking systems. Oradian delivers growth to lenders, fintechs and banks worldwide.
Go further with an extensible core banking system built for growth! Oradian covers each step of your loan workflow so if you are looking for a loan management system that can seamlessly proccess more loans and serve more clients faster, choose Oradian. Maximise operational efficiency, boost performance with real-time data, speed up approvals and make your back-office processes more efficient. Oradian powers more than 50 financial institutions in 12 countries across the world. Learn more about Oradian

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
BankPoint is a next-generation bank management system designed for banks and lenders that manage large commercial loan portfolios.
BankPoint seamlessly overlays your core banking system with a simple, user-friendly solution that will dramatically improve and simplify the way your institution operates. Learn why forward-thinking financial institutions are adopting BankPoint to improve areas including Loan Pipeline Management, Loan Portfolio Management, Covenant Tracking, Loan Review, Document Management, and more. Learn more about BankPoint

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Complete, cloud-enabled customer experience solution; differentiate your company across all channels, touch points, and interactions.
Oracle offers a complete, cloud-enabled customer experience (CX) solution; differentiate your company across all channels, touch points, and interactions. Learn more about Oracle Cloud CX

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
The most user-friendly online banking software in the world. Online in 24 hours with your own branding. Access our Free Demo today!
EBANQ is the most user friendly white-label online banking software app on the market. It is a turn-key solution for Banks, Neobanks, Electronic Money Institutions, Payment Institutions, Remittance Companies, Asset Managers, Cryptocurrency Exchanges and anyone else managing client accounts. Mobile apps available for Android and iOS. We can have your own online banking platform online in 24 hours! Learn more about EBANQ

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Jamio is a no-code application builder specifically designed to create business process management platforms.
Jamio is a no-code application builder specifically designed to create business process management solutions. The software allows users to create applications using no code and without programming languages. It can help automate and simplify company procedures, manage data, offer collaboration tools and much more. Learn more about Jamio openwork

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
A fintech solution provider of Digital & Social Banking, Mobility, BA, RM, Compliance & AAOIFI-certified core banking software.
iMAL is the industry-leading digital Islamic core banking platform from Path Solutions, and the first and only AAOIFI-certified suite, confirming its compliance with AAOIFI's Sharia and financial accounting standards. It has been architected out of years of experience and offers several powerful and differentiating features making it one of the most comprehensive, flexible and scalable Islamic solutions available in the market. Learn more about iMAL

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Our Omni Channel Banking platform has helped banks in delivering seamless digital experiences across devices to their customers.
Modefin's integrated Omni Channel Platform is designed to help banks & financial institutions deliver modern cross-platform customer experiences. It allows banks to align with customer expectations and create deeper & personalized engagement. The platform offers a single centralized solution that helps banks to deliver streamlined and personalized services through self-service channels to their customers. Learn more about Omnichannel Digital Banking Platform

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
OmniConnect provides secure API Connectivity as a Service between any Fintech and U.S.-based financial institution within 90 days.
With OmniConnect's API Connectivity as a Service financial institutions can connect to any FinTech solution within 90 days. Connectivity as a Service from NXTsoft is the quickest & most cost-effective way to securely connect disparate systems. Our expertise in connecting FinTech banking systems spans 25+ years. Contact us to discuss a secure API strategy. Core partners: FIS, Fiserv, Jack Henry, Finastra, FICS, Cenlar, COCC, Corelation, CSI, Dovenmuehle, Midwest Loan Services Learn more about OmniConnect

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Windows-based Client/Server core data processing, check and document imaging; complete ancillary product interface solution.
Since 1981, Automated Systems has been building strong relationships with community banks. These banks are more than just clients, they are partners. These partnerships have helped us develop the advanced solutions that allow banks to compete with regional and multinational institutions. These solutions include our revolutionary Insite Core system, industry-leading iTeller application, award-winning mobile banking apps, real-time online banking, and our time-saving image processor, iDoc. Learn more about Insite Banking System

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
The premier savings, loan, and pooled investments for managing 65+ diocese parish finances for over 22 years!
DLS Financials will add the ability to manage savings, loan, and pooled investment sub-accounts for your diocese parishes and interface with all of these other main Accounting System shown. Manage accounts by entering transaction, printing statements, letters, emails, invoices, as well as providing an online portal for them to view those accounts. Then use the transaction export to send those transactions to these other main accounting systems through GL and AP accounts. Learn more about DLS Financials

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Musoni is the leading digitalization partner for microfinance institutions across the globe.
Musoni is the leading digitalisation partner for microfinance institutions across the globe, helping organisations to leverage the latest technology and digitalise their operations. By using Musoni, MFIs are better able to improve efficiency, reduce costs and grow their client numbers while maintaining a strong portfolio quality. Musoni has consistently proven their ability to help MFIs to digitalise in under 12 months with their cloud banking system and digital field application. Learn more about Musoni

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
AI software for lenders and brokers that yields automated underwriting and lender matching at a 95% proven funding rate.
(HWML) is software for lenders that automates the frontend underwriting process for Commercial, Residential, Business, & Personal loans. HWML’s AI yields automation & loan matching at a 95% proven funding rate. The problem in the industry is a low 55% average at funding loans due to the fragmented lending process. We solved this problem by giving brokers, banks & consumers access to our software syndicated with 300+ lenders. HWML’s platform has funded over $450M+ & loans from $100k-$50M! Learn more about Help With My Loan

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
FPS GOLD Core Banking fills every bank need. Relationship management, teller, deposits, loans, accounting, reporting, and more.
Everything you need to give your institution a competitive advantage is in one place. With relationship management, teller, new accounts, deposit servicing, lending, accounting, and reports, FPS GOLD Core Banking makes it easy to compete, profit, and thrive. And after more than 50 years of experience in the finance industry, we are still known for and proud of our preeminent customer service and close relationships with our clients. Learn more about FPS GOLD Core Banking

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Banking system that helps manage accounting, clients, suppliers & loan portfolios through financial planning, reports & more.
Banking system that helps manage accounting, clients, suppliers & loan portfolios through financial planning, reports & more. Learn more about CoBIS Microfinance Software

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Abowire is the B2B Subscription-Platform to sell and manage worldwide subscriptions. Scale your B2B subscriptions stress-free.
Abowire is the B2B Subscription-Platform to sell and manage world-wide subscriptions. The perfect solution to grow your B2B subscriptions stress-free and to increase your recurring revenue. B2B Subscription management tools, invoice customizations, recurring payments, contracts, multiple billing, access to API & much more. Made for B2B startups & small companies. Our experts are waiting to help you automate your business and never worry about recurring billing ever again. Learn more about Abowire

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Account opening platform for digital lending solutions
MeridianLink Opening, formerly known as XpressAccounts is a trusted online account opening platform. This software makes it easier than ever for customers to open a new account, removing all friction points and integrating with a variety of financial and loan products. MeridianLink Opening helps enhance customer satisfaction with the account opening process and can work in tandem with MeridianLink Consumer, formerly known as LoansPQ and MeridianLink Mortgage, fka LendingQB. Learn more about MeridianLink Opening

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Intergiro offers merchant business accounts to companies of all sizes offering same-day settlement and free business banking services.
Intergiro is a Swedish Fintech firm that specializes in providing merchant business accounts to companies of all sizes. This platform has been crafted with the goal of being highly accessible, so your transactions can be processed the same day. This makes it an ideal choice for businesses that need swift payment processing in order to keep their operations running optimally. Learn more about Intergiro

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Financial statement spreading and analysis for community banks and credit unions
FISCAL SPREADING is software designed for the community lender who primarily works with small businesses, who is focused on global cash flow, and is looking for consistent output with the flexibility to handle financial statements for businesses and people, including tax returns. FISCAL SPREADING delivers efficiency and standardization in credit underwriting. We also offer a full-featured tickler solution for community lenders, FISCAL TRACKING. Learn more about FISCAL

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Qonto provides financial tools as traditional banks and helps to manage finances and accounting, for freelancers and teams.
Qonto is a business finance management solution. Qonto provides all the necessary tools to master your company's finances. These tools range from dedicated access for your accountant, integrations with more than 80 accounting softwares, management of expense reports and receipts in real time after payment and added custom labels to categorize transactions. Learn more about Qonto

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Integrated landing platform,encompassing accounting ,multi-currency and ,multi-branch capabilities, and more.
Integrated landing platform,encompassing accounting ,multi-currency and ,multi-branch capabilities, and more. Learn more about Keybank

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Ready-to-implement core banking and payment software platform and SaaS for Fintechs and Digital banks
Macrobank is the banking and payment software platform and Software-as-a-Service. Our one-stop-shop solution includes everything you need for your Fintech business - software, Open API and connection s to the most important partners, e.g., banks, forex, card issuers and acquirers. We offer the most popular banking and payment functionalities - customer onboarding and AML, digital banking, SWIFT/SEPA payments, forex, payments to card, card issuing and payment acquiring. Learn more about Macrobank

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Vault is our next generation, cloud-native, core banking platform.
Vault is our next generation, cloud-native, core banking platform. Learn more about Vault

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
The smartest, most cost-effective financial data aggregation & verification solution.
Bring verified banking to every business transaction. Know instantly, using better data to make better decisions. Add flexible pricing - where you only pay for services when you use them - and IBV stands apart as the right-sized solution for your loan origination. IBV has access to over 15,000 financial institutions in the US and Canada. We process and report on billions of transactions for consumer lending and credit companies, business lenders, and mortgage and loan providers. Learn more about Instant Bank Verification

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Banking system that helps manage bank databases, financial services, and other operations across locations.
Banking system that helps manage bank databases, financial services, and other operations across locations. Learn more about NovoDoba

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
BUILDING THE COMPLETE TRADE FINANCE PLATFORM TO SHAPE THE FUTURE OF BANK CUSTOMER – BUSINESS USER – REGULATORY CONNECT
Intuitive & Intelligent Trade Finance Platform designed exclusively for Banks. Digital Front End - Customer Trade Portal with Internet banking integration. Scalable Suite supporting a portfolio of Trade Finance products. Integrate multiple systems for straight-through digitized processing Real-Time status of transactions & operations. First Suite offering for Trade Finance Regulatory Management Pan India Trade Automation used by thousands of Bank users Built-in business rules & validations Learn more about Kyzer

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Online banking platform which enables interaction between back office and contact center through financial service providers.
Online banking platform which enables interaction between back office and contact center through financial service providers. Learn more about Interact

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
An interactive banking information system that incorporates front and back office, monitoring tools, and a communication system.
An interactive banking information system that incorporates front and back office, monitoring tools, and a communication system. Learn more about OLYMPIC Banking System

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Adaptable financial software solution that provides efficiency in business processes, risks mitigation and operational control.
The ASPEKT Product Suite is a process-driven software solution used for operational and digital transformation. Financial institutions of all sizes may undergo change by implementing this software, which adds high service value and financial regulatory compliance. The business processes are mapped to respond to the actual client's needs using the flexible workflow, ensuring ongoing improvements through real-time analysis of performance metrics. Learn more about ASPEKT Product Suite

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking
Holvi is banking for people of action, modern financial service for the new wave of European entrepreneurs.
Holvi is banking for people of action, modern financial service for the new wave of European entrepreneurs. Learn more about Holvi

Features

  • Credit Union
  • Investment Banking
  • Multi-Branch
  • Online Banking Software
  • Private Banking
  • Retail Banking
  • Corporate Banking

Banking Systems Software Buyers Guide

Banking software—sometimes referred to as core banking software—manages and provides the products offered by the Canadian banking industry. Part of this functionality includes the ability to connect to various interbank networks or capital markets. Record keeping and transaction management are also critical functions of this type of software. There are some differences between the application of this software in retail banking and investment banking, but the broad purpose of the software remains the same.

Some of the core features in this type of software include detailed management of transactions made by the banks’ customers to and from their accounts, as well as the ability to track said transactions from a range of methods, such as ATMs or internet banking. In the case of investment banking, Canadian banks use the software to manage their trading desks, track investments, and perform analytics on the market.

The benefits of banking software stem mainly from the automation of several tasks and allowing customers to carry out many actions remotely. The software securely stores account-holder data, allowing users fast access when needed. Being part of the infrastructure of a financial institution like a bank also means the software can be used to roll new products out quickly to customers who use mobile or internet banking.

Banking solutions are focused on the goal and application, which is why this type of software is rarely found outside of retail banking, private banking, corporate banking, and investment banking. It is, however, related to investment management software, financial risk software, loan servicing software, and loan origination software.

With the heavy regulation around banking—not to mention the financial risk that can accompany errors—this type of software has to meet strict criteria regarding how customer data is stored. Beyond that fundamental aspect, the features included can vary slightly between different solutions but will typically include most of the following features:

  • Ensuring that business processes are carried out in line with any relevant industry or government regulations through the use of compliance tracking as a means of transparency, keeping complete records of all transactions that can be drawn from in the event of an audit
  • Maintain a detailed, accurate, and up-to-date database of customer data—for financial institutions, accurate customer data is crucial for several reasons, from regulatory to communication, as well as it being necessary to have complete and up-to-date customer information when determining what products to offer a particular customer
  • Monitor transactions and other customer activity in real-time and compare against historical behaviour and account profiles, enabling effective fraud prevention by identifying suspicious behaviour
  • Enable the creation of new accounts and record transactions on a real-time basis, as well as automate the process of calculating interest on loans and processing payments -Allow for Canadian customers to use the features and products available to them remotely through mobile or internet banking

What is Banking Software?

Banking software is designed to serve as a complete software-based infrastructure for a banking platform, allowing a bank or other financial institution to connect with interbank networks and other necessary systems. It provides functions through which customers across Canada can interact with their accounts and make transactions, as well as the underlying data processing and storage associated with those actions. It will also allow for the monitoring of customer actions so that they can be automatically referenced with that customer’s profile to identify suspicious behaviours. All this is built on a fundamentally secure data storage system that adheres to the strict regulations that financial institutions are bound by.

Modern banking is a massively interconnected affair, with communication between various interbank networks, capital markets, credit agencies, and more, all being necessary. All of this communication must occur under the strictest of digital security protocols, both for fraud prevention and to adhere to various consumer laws regarding personal information. These aspects of the software are even more critical as more and more customer interaction moves away from face-to-face interactions in branches and into online and mobile applications.

Beyond the added convenience of online and mobile banking, this type of software also provides automation for several tasks, such as interest calculation and reminders of fees. These aspects of the software reduce the need for financial institutions like banks to dedicate human labour to certain tasks, making the bank’s workflow more efficient and cost-effective. The need for paper is also dramatically reduced by the use of banking software. Customers can be automatically sent digital bank statements and other correspondence, which reduces the need for paper and also minimizes the need for human oversight in the creation of said correspondence. The reduction in physical documents also means a reduced need for storage for those documents.

What are the benefits of banking software?

The benefits of banking software are primarily focused on automation and security, as well as bringing more convenience to customers. Of course, security is a critical aspect of banking, as malicious parties continue to try new ways to commit fraud and theft. Preventing incidents like that occurring protects the customer and the bank's reputation and reduces the costs involved in conflict resolution and technical support. Some of the benefits of this type of software include:

  • Providing multiple transaction options: Banking has come a long way in terms of customer convenience. Furthermore, this software takes it further with several ways in which a customer can make a transaction. With baking software, banks can allow customers to carry out transactions online, over the phone, and through mobile banking apps. The ease with which customers can use their accounts leads to increased customer satisfaction and, as a result, more loyalty to the bank. It also reduces the need for physical branches and the costs associated with operating them.
  • Paperless correspondence: The move of banking from physical locations to web and mobile apps makes it easier to switch to paperless correspondence since the customers are already digitally interacting with the bank. The more paperless an organization can become, the more money can be saved on different things. These things include the physical material and equipment required to produce hardcopy correspondence, as well as the space required to store backups of the physical copies. Reducing the number of filing cabinets needed will free up space for other things or even make the previously used space for the said purpose entirely unnecessary.
  • Workflow automation: While some tasks still need human oversight, many of the more tedious tasks can be automated. These include various activities, such as calculating interest, sending customers reminders and alerts, and flagging suspicious behaviour. Even the ability to process payments automatically is an automation of a task that would previously have required a staff member. In addition to the savings that this creates in terms of human labour, it also eliminates the risk of errors that can come from manually entered data, making the service more reliable and, in turn, saving the bank money on dealing with the problems that arise from those errors.
  • Advanced data analysis: The software inherently collects and has access to a great deal of data regarding customer behaviour, allowing for the creation of user profiles. These profiles can then be used for several processes, like targeted product advertising or fraud prevention. A basic example of the latter might be flagging a transaction as suspicious if it was processed from a different country to the customer’s country of residence, but much more complex analyses are possible.
  • Direct customer interaction: As touched on above, the use of this type of software allows customers to carry out a large number of actions that would have previously required a visit to a branch or an ATM. These include a range of activities, like checking a balance, transferring money, or making a payment. A more recent addition to this type of software even allows customers to freeze or unfreeze their cards if a card gets lost. All these actions increase the convenience and satisfaction of a bank's customers while reducing the amount of human labour needed to deal with these customer requests.
  • Continuous operating hours: the tasks that the software can now automate are no longer attached to a physical branch, so it will no longer require a bank employee to process them. That means that customers can carry out certain actions at any time of the day, making the bank a 24/7 service for certain actions.

What are the features of banking software?

Banking software usually consists of some core or common features that will be found across most offerings. Beyond these core features, there will also be some other features found in some offerings but not others, or it may require an upgraded package to access the advanced features. Here are some of the most common features of banking software:

  • Contact database: The creation and maintenance of a central repository of customer data is an essential part of running a bank and a much easier part thanks to this software. Customer data is easy to store, thanks to the digitalisation of the information being stored, and it is also much easier to look up and reference when needed. Additionally, it allows for automated tasks, such as sending out newsletters and other correspondence to customers.
  • Core banking: The core features offered by a bank are included in banking software. These features include several functions, like creating new accounts, recording transactions on a real-time basis, processing payments, and calculating interest. Essentially, the only fundamental banking service that can’t be handled by this software is the physical handling of currency. All the other core functions can be conducted more efficiently with the software.
  • Transaction monitoring: While banks aren’t necessarily responsible for their customer’s bad habits, it typically works out more cost-effective to ensure their customers don’t become victims of fraud. A proactive approach improves customer perception and also reduces the costs of delivering support for customers who have been defrauded. Banking software will typically provide transaction monitoring functionality, analyzing customer transactions, their history, and their account profiles to automatically detect suspicious activity.
  • Online banking: In addition to providing the core banking functionalities required, this software will also allow customers to carry out several actions themselves through an online or mobile banking app platform. These actions include checking account balances, making payments, transferring money between accounts, and more. Another common feature is the ability for a customer to apply for a product through the website or app. In some cases, the software will be able to automatically approve or deny the application based on the customer’s profile. In other cases, the software will automatically refer the application to be reviewed by a human being.
  • Compliance tracking: Banks and other financial institutions must adhere to strict rules regarding legal regulations, like the data they store and how transactions are processed. Banking software will ensure that any government or industry regulations are met in the information it handles and the actions processed through the software.
  • Multi-currency funds management: Banking is a global industry but more importantly, business in general, has become more global than ever before. With so many individuals and businesses doing business internationally, banks must be able to handle multi-currency funds properly. This software will manage things like conversion estimates, the application of fees, and other tasks associated with managing multiple currencies.
  • Customer interactions: A great deal of customer interaction can be handled through this software. The aforementioned core features, such as arranging transactions and checking balances, are obvious examples, but there are also things like live chat and other contact methods. Customers will also typically have an inbox where the bank can send messages about topics, like changes to the terms of service, fee notifications, and special offers.
  • Financial product builder: Banking can be a challenging industry to stand out from the crowd, so the products a bank offers need to be tailored to that specific bank. Banking software will often provide a straightforward product builder that will allow banks to quickly and easily create new products and roll them out to their customers.
  • Customizable interface: Another aspect of standing out from the crowd is branding. This type of software will often be used by many organizations from the same area of the market and so will provide the means to customize the look and feel of the software to match the bank’s branding.

What should be considered when purchasing banking software?

When purchasing banking software, it is crucial to consider many factors carefully. The many solutions available on the market will share the core features of this type of software but will be very different beyond that. For example, the software intended for retail banks will be noticeably different to the software intended for investment banking and, likewise, for corporate banking. Some offerings in this space are very specialized and only tackle a specific aspect of what banking software typically provides. Ultimately, the biggest consideration is whether the software provides the features that are needed and whether those features come at a cost that is feasible for the organization. Below are some of the specific things to consider when buying banking software in a little more detail:

  • Is the software flexible enough? Given the tightly regulated nature of the financial industry, banking software will need to be flexible enough to accommodate any regulatory changes. These changes will often come with plenty of warning but may mean significant differences in how the software operates. An ability to handle that change will be crucial in the long run.
  • Does the software have adequate data security? Cybercrime and fraud are becoming more sophisticated and pervasive these days, and preventative measures are something that customers pay close attention to when deciding which banks and other financial institutions to use. The data that banks need to keep on their customers must be kept secure and following any data protection laws. In addition, there should be two-factor or multi-factor authentication for customers who are accessing their accounts. It's also important that the software ensures that any data transmitted is encrypted to prevent it from being intercepted and accessed during transmission. Finally, the software should be able to filter network traffic to root out any malicious activity or unauthorized attempts to access the system.
  • What are the key features of the software? The suite of features offered by this kind of software can vary significantly between offerings, so it is vital to ensure that the one chosen by an organization has the right set of features to meet their needs. The most common examples of feature-matching are the inclusion of private banking, retail banking, and corporate banking. Software that provides all of these core features will naturally be more expensive, so there will often be little sense in choosing one that does all three when only retail banking is required. Likewise, if all three are required, choosing software that only does corporate banking would be unwise.
  • How much does the software cost? Financial institutions and people will understand that the cost of the software is an important consideration. Finding a balance between what an organization can realistically afford and the features needed will be crucial to making the best use of that money. It may be that it makes more financial sense to choose a software solution that is missing some less-important features because of the difference in cost. Similarly, if the budget is higher, it may make more sense to choose a solution containing features that aren’t mission-critical but are inexpensive enough to include.
  • Is the software compatible with other software? Not all banking software offerings are an all-in-one solution. Indeed, many solutions focus on a specific aspect of banking. When purchasing this kind of software, it is crucial to ensure that the chosen solution will work with any existing software that it may need to interface with. Alternatively, it may make more sense financially to purchase a software solution that handles these tasks and sunsetting the original software solutions.
  • Does the software provide any automated features? Automating the various tasks that banking software is used for is one of the biggest money-saving aspects of this type of software. Tasks that would previously have required hours of labour from human workers can be taken care of in no time automatically, but the software needs to provide that functionality for those benefits to be taken advantage of. It is also worth comparing the things that a potential software solution automates against the automatable tasks that cost the organization the most.
  • Does the vendor offer strong technical support? The move towards Software as a Service (SaaS) has many undeniable benefits, but it does remove an organization from its software. This is not a problem when everything is working but can quickly become a serious issue when things go wrong. Ensuring the vendor of a potential software solution has solid technical support can prevent serious problems further down the road.
  • Is the software cloud-native? Banking software, like many types of software, has had to make the transition from in-house to cloud-ready, but this is not the ideal solution when starting over with new software. Cloud-native software is more flexible and more agile, and it can be spun up or down as needed, which typically makes it more cost-effective.

There are many trends to consider going forward, but the most relevant banking software trends centre around the increasing use of cloud-native applications and AI-powered data analysis. It is likely that the trend of automating certain tasks will continue, while additional functionality to the customer will keep being added as it becomes feasible to do so. Here are some of the relevant trends in a little more detail:

  • Customer features and automation: Giving customers the ability to carry out more and more banking tasks themselves allows for customer convenience. It also reduces the cost of labour dedicated to these tasks. Moving forward, banking software will likely strive to provide customers with more ways to manage their accounts, transactions, and other features. This will improve customer satisfaction and save the organization money.
  • AI-powered data analysis: The power of AI is still being discovered, but it is already a valuable tool in the world of data analysis. AI can be used to analyze customer data and recommend products based on their profile or to provide automated denial or approval of applications in some cases. AI analyzes not only provide users with a great deal of analytical horsepower more cheaply than a human workforce could. It also offers a much deeper level of insight into the data.
  • Cyber security: Cyber security is unlikely to stop being a critical issue for financial institutions. As innovative as security measures continue to be, cybercriminals also innovate and will not stop trying to find new ways to defraud customers. With technologies such as biometrics and the blockchain maturing, there will likely be advances in the options for securing a customer’s account. Strict adherence to zero trust will also be a factor in this aspect of banking software.
  • Automated validation: As the ability of banking software to judge a customer’s profile on certain criteria becomes reliable, there is likely to be a shift to a more automated approach to approving things like credit card applications. It is unlikely that human oversight will go away completely any time soon. However, an automated approval process will likely take over a larger volume of applications for various services. This will not only reduce the human labour needed for this task but also significantly speed up the processing time of these applications. In cases where human oversight is not needed, an application will often be instantaneous.

Sources

The features highlighted were identified based on their relevance and the percentage of products in Capterra’s directory that offer them. The following sources were used for this document:

  1. Capterra Banking Systems Buyer’s Guide (Date accessed: Saturday, April 30, 2022)
  2. Wikipedia Banking Software (Date accessed: Sunday, May 01, 2022)