Top 4 digital banking platform solutions in 2022

The requirements of today’s digital consumers cannot be satisfied by traditional banking systems. When it comes to their accounts, banking clients want greater ease, portability, and transparency. The ideal solution is provided by digital banking solutions. It provides a broad variety of services for the contemporary customer.

1. How to choose the best digital banking solutions?

These options are distinct from lending software, which has a more limited focus and is meant to speed up the loan origination and servicing operations. Commercial accounts, retail accounts, back-office activities, and other banking products may all be digitized via the use of digital banking systems. 

In order to reach clients where they live and work, banks depend on digital banking systems to provide a broad range of financial products via a variety of digital channels.

For a product to be eligible for inclusion in the category of “Digital Banking Platforms,” it must:

• Provide digital banking services via a variety of platforms.
• Encourage the delivery of the best possible customer care and engagement.
• Organize lending and non-lending items.
• Specifically created to be used by banks
• Support for and integration of third-party systems and solutions already in use.

2. Top 4 digital banking solutions in 2022

2.1 BackBase

Fast-growing fintech company Backbase offers financial institutions the tools they need to accelerate their digital transformation and successfully compete in a digital-first society. 

SmartOSC provides the Backbase Omni-Channel Banking Platform solution, a cutting-edge piece of digital banking software that combines information and features from both established core systems and emerging fintech companies to provide a seamless online consumer experience. 

In order to design and maintain seamless consumer experiences across all devices and provide quantifiable business outcomes, SmartOSC offers financials the speed and flexibility they need. This digital banking solutions helps financials to quickly expand their digital company since we think that providing top-notch digital experiences is crucial to being relevant.

2.2 nCino Bank Operating System

The consumer found it difficult to use the various digital banking solutions. The transition to the nCino system has also made life simpler for the customer service staff as well. No lengthy hours or vendor application debugging.

Since everything is cloud-based, customers can access status information at any time from anywhere, and line of business employees can approve applications from their mobile devices, everyone’s life is made easier: 

• Faster installation and testing for production.
• Additional security features.
• Simple onboarding for many products.
• operational cost reductions.

2.3 Banno

Everything an organization needs to serve consumers and roll out cutting-edge experiences across all of its digital channels is available from Banno.

Banno for web monitoring and to strengthen mobile and online presence with digital banking solutions. When changing or browsing various site pages, the content management editing program has provided us with the power to handle our website without hassle.

Being a financial institution, a website that appears professional to convince people that customers are a reliable company to deal with and to reach your customer base. Banno has boosted our capacity to interact with clients since Banno has a smooth, appealing website that functions both online and on mobile.

2.4 AppWay Digital Banking Platform

Through intelligent process orchestration, the Appway Digital Banking Solutions Platform fosters true digital transformation by facilitating genuine human interactions at all points of contact in both the physical and virtual worlds.

The greatest feature of Appway digital banking is that it functions as a platform by itself, assisting in your company’s path toward digital transformation. Customer flows are created using a process-driven methodology. 

It is a pretty wonderful platform, but sometimes it makes things more difficult by having an excessively AI-driven customer journey process that occasionally seems out of control. The chatbot interface sometimes exhibits odd behavior and provides poor customer service.

Having digital banking solutions that meet your demands is more crucial than ever in the modern digital era. You are guaranteed to discover a digital banking solution from our large variety that suits your particular requirements. To begin, get in touch with SmartOSC now!