The advancement in technology, especially Internet and Information Technology has led to new ways of doing business in banking. These technologies have cut down time, working simultaneously on different issues and increasing efficiency. The core banking software is installed at different branches of bank and then interconnected by means of communication lines like telephones, satellite, internet etc.
Payment solutions are revolutionizing the banking industry by providing efficient service to the bank users. With payment solution such as AEPS banks can provide financial access to remote areas thus ensuring that the low-income groups or the weaker section of the society get access to the financial services. C-Edge provides payment solutions that offer comprehensive banking which are functionally customized and digitally enabled. With the integration of payment solution banks can strengthen their relationship with their customers as they manage the incoming and the outgoing payments through the online banking portal.
In today’s digital age and hyperconnected environment banks need to transform their way of business to stay ahead of the competition. Keeping this in mind C-Edge has come with some state of the art solutions which provide innovation in banking technology. These not only help the bank to reshape but also provide top-notch service to their customers.
As per regulatory requirement, all banks are required to strictly adhere to the AML / KYC guidelines as highlighted by RBI / FIU and other regulatory bodies from time to time. C-Edge offers software support for banks to comply with this regulatory requirement. Our services like Automated Data Flow and Anti-Money Laundering enables to have a robust monitoring system and avoid involvement in any finance related illegal activity.
Technology has changed the face of the banking industry to the extent that it has blurred physical boundaries and unleashed opportunities that seemed remote in the past. Banks and Financial institutions are leveraging technology to offer 24 X 7 services to their customers irrespective of their location. Brick and mortar presence has diminished with the advent of multiple delivery channels. Customer transactions have largely migrated to the virtual space. CEdge’s self-service banking services are specially developed for operations in line with the global environment in Banking.
DBTL solutions for banks automate mandate acceptance, Aadhaar mapping, file generation, and reconciliation—eliminating delays and manual errors mandates are often processed through the National Automated Clearing House (NACH), managed by NPCI, which digitizes and automates mandate registration, verification, and execution. This reduces paperwork, speeds up processing, and enables seamless integration with banks’ Core Banking Systems (CBS).