Digital Banking
VERICASH’s Digital Banking Solution empowers banks and financial institutions to digitally transform their services, offering seamless, omnichannel banking experience.
Through mobile apps, web platforms, and USSD, banks can provide secure, real-time transactions, personalized financial management, and AI-driven financial services and insights to enhance their overall customer engagement and drive operational efficiency.
Designed for
The Future of Digital Banking
As the financial sector continues to evolve, digital banking will become increasingly AI-driven, hyper-personalized, and decentralized. With the rise of embedded finance, plug-in services, and embedded app, banks will shift towards seamless integrations with fintech ecosystems, offering services beyond traditional banking.
Your Partner in Digital Banking Transformation
In today’s fast-paced financial world, traditional banking services are being disrupted with rising digital expectations. Banks need to deliver services efficiently beyond physical branches.
Seamless end-end digital banking platform
This platform is agile enough to suit the very different needs of all kinds and structures of banks whether you are an existing bank that is looking into adopting a digital-first strategic direction and looking into transforming your entire banking operations or establishing a new independent digital platform, or if you are a new fintech establishing a new challenger or neo bank 100% digital.
Core Features of Digital Banking on VERICASH Platform
The VERICASH Platform enables banks to build a holistic digital banking experience by integrating a wide range of banking functionalities and financial services. The following are the core features
A fully digital onboarding process automates KYC verification, reducing manual effort. Multi-level authentication (biometrics, OTP, PIN, social logins) enhances security. Customer segmentation allows personalized service access, while e-KYC & AML compliance ensures regulatory adherence.
Customers can instantly create accounts for savings, checking, or investments. Sub-accounts help manage financial goals (e.g., travel, education). A PFM dashboard provides income/expense tracking, and automated budget alerts improve financial planning.
Seamless P2P transfers enable instant money movement across banks and wallets. QR and direct payments simplify merchant transactions. Customers can pay bills, taxes, and government fees digitally, with automated recurring payments for subscriptions.
Banks can issue virtual & physical debit/credit cards for secure transactions. Tokenization & PCI compliance protect card data. Mobile wallet integration ensures easy fund management, while multi-currency support facilitates global payments.
A digital loan process automates eligibility checks for quick approvals. Micro-loans & overdrafts offer instant credit. Payroll-backed loans ensure structured repayments, while credit bureau integration enhances risk assessment.
Self-service banking allows customers to manage accounts without visiting branches. Real-time service requests enable instant changes. ATM & branch locators improve accessibility, while card management tools enhance security.
Multi-factor authentication (MFA) secures access. AI fraud detection prevents suspicious activities. Device authentication ensures safe logins, and transaction risk scoring identifies fraudulent payments before processing.
Loyalty programs offer tiered benefits, while cashback & reward points drive engagement. Referral programs expand customer reach, and voucher/discount management enables promotional campaigns.
AI-driven customer insights personalize financial services. Interactive dashboards track transaction trends. Real-time analytics optimize banking operations, while predictive engagement tools enhance user experience.
Seamless open APIs integrate third-party services. Multi-core banking compatibility ensures flexibility. Real-time data exchange secures transactions. Plug-and-play architecture enables fast deployment, while API management tools ensure security.
Core Solutions at a Glance
designed to address the most pressing needs of financial institutions, Each solution is tailored to help your business thrive in an increasingly competitive digital banking environment.
Designed to handle everything from credit scoring to disbursement, it empowers financial institutions to offer fast and secure lending services.
Create and manage a hierarchized agent network that provides banking services to customers in remote or underserved areas
Empower your customers to manage their accounts, make payments, and access financial services with ease, enhancing engagement and satisfaction.
