Cloud-Powered Core Banking Solution
It is designed to empower Micro-Finance Institutions (MFIs) and Savings & Credit Cooperatives (SACCOs) with cutting-edge digital financial tools. This innovative platform addresses the growing demand for efficient, secure, and scalable financial management solutions, enabling institutions to streamline operations, enhance customer experience, and drive financial inclusion. By eliminating the need for costly on-premises infrastructure, it provides real-time access, seamless integration, and regulatory compliance, ensuring that financial services reach underserved communities with greater accessibility and reliability. With Ethio telecom’s Cloud-Powered Core Banking Solution, financial institutions can modernize their operations, expand their reach, and deliver banking services with agility and confidence!
Key Features and Benefits
• Streamlined Operations: Automates key processes, including customer registration, account management, loan processing, and reporting, reducing manual effort and errors.
• Real-Time Transaction Tracking: Provides instant access to up-to-date transaction data, enabling better monitoring and decision-making.
• Enhanced Customer Experience: Offers consistent and user-friendly experience across all service channels, including a mobile app for members.
• Improved Data Management: Securely stores and manages large volumes of customer data, ensuring data integrity and accessibility.
• Fraud Prevention and Compliance: Includes features to detect and prevent fraudulent activities and helps institutions meet regulatory requirements.
• Cost-Effective: The cloud-based model eliminates the need for significant upfront investment in hardware and software, reducing the total cost of ownership.
• Scalability: The “pay-as-you-grow” model allows institutions to easily scale their usage as their needs evolve.
• telebirr Integration: Seamlessly integrates with telebirr, enabling convenient and secure mobile payments for loan disbursements, repayments, and savings contributions.
• Comprehensive Modules: Offers a range of core modules, including Registration, Products preparation, Loan management, Chart of Accounts, Realtime Dashboard, and Payments.
• Mobile App: Provides members with convenient access to their accounts, allowing them to view balances, transfer funds, apply for loans, and make payments.