4 leading digital banking software development company
The global pandemic may have highlighted the importance of digital banking software, but mobile and online banking are not new.
Traditional banking methods, whether by branch, phone, or ATM, haven’t been particularly appealing in the last year. During a global pandemic, banks limited or closed branch hours, customer service call lines were backed up, and ATMs required you to go out in public. It’s no surprise that many banking customers have opted for digital banking in the last year.
In this post, SmartOSC Fintech will show you the benefits of digital banking and the top leading digital banking software development company.
The Benefits of Digital Banking
- Convenience
Digital banking apps allow your customers to see their account balances, pay bills, transfer money, apply for loans, and make purchases on the go by allowing them to access, use, and move money via mobile devices. There is no need to sit in front of a computer or visit a branch to make online payments.
- Faster
Another way mobile banking saves time for your customers is that it is a much faster option. Customers no longer need to set aside time each day to make payments or deposit checks.
They can accomplish more with the push of a few buttons on their mobile device than they can with keystrokes on their computer or talking to a call center representative.
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- More options to pay
Customers have numerous payment options with digital banking. When payments are enabled with a banking app, they can use their mobile device to pay, or they can use their debit card. If a customer is already on their computer, they may prefer to use online banking.
If they prefer an in-person experience, they can visit your branch. Digital banking meets the needs of many millennials and Gen Zs (more payment options, greater convenience), so they get what they want.
Top 4 leading digital banking software development company
- Smart OSC
SmartOSC is a trusted partner in the research and development of digital banking solutions. In addition, we provide the latest and most trending financial technologies implemented on the Backbase platform. We have cooperated and brought great experiences to leading banks and financial institutions such as Paypal, Smartbox, VPBank, and SCG.
We always ensure that we will develop cooperation, creativity, and customer satisfaction, and bring outstanding values to financial institutions and banks.
- Softspace
Softspace, a Malaysian fintech company, has a solid reputation in Asia for its payments platform and Fasspay wallet. The company, which was founded in 2012, has the impressive experience, with its solution being used by 20 financial institutions in 11 countries. The majority of the company’s business is in Asia, and it primarily serves enterprise customers.
- Velmie
Velmie is a technology firm that offers modular banking software and middleware solutions. It provides numerous integrations with banks and payment companies, as well as white-label apps and customization services.
- Auka
Auka, based in Oslo, has been providing customers with a standardized and simple-to-use mobile payment platform called Settle since 2010. It was the first company in Norway to introduce a mobile payment solution (mCash). The company focuses on providing exceptional user and customer experiences, and thus its ability to build customer-centric products is a key success factor.
Conclusion
If you’re in the market for digital banking software, we would be happy to recommend a few of our favorite providers. All of these companies have a proven track record of developing innovative solutions that meet the needs of financial institutions around the world. Contact SmartOSC Fintech today to learn more about technology solutions and services.
