We cover most of the banking segments you can think of most prominent among them are given below:
Payment processing segment is witnessing a rapid evolution due to innovation in technology and ever-changing regulatory framework. Cashless transactions in a highly secure environment yet without giving the slightest hint of uneasiness are becoming the order of the day. Our payment and card processing solutions will help you minimize risk, reduce fraud, acquire new card holders and increase the usage of existing card holders through loyalty points, incentives and other strategies. Our IT solutions will induce high levels of efficiency in your process through:
- Application Development, Maintenance and Support
- Process Re-engineering
- Product Automation and Customization
- Quality Assurance and Testing
- Data Migration
- System Integration and Implementation
We understand the high pressure environment the banking industry functions in. Since high amount of risk and capital is involved, you are always under the constant watch of your shareholders, lenders and market regulators. In such a scenario, collection of actionable data, analysis of all of the available options in hand and an ability to assess risk across multiple systems becomes of utmost significance.
Techmerits with its whole range of testing, consulting and data management solutions can help you better manage your market and operational risks. While developing IT tools and techniques to enhance your productivity, our experts also keep your data privacy in mind all the while.
As more and more customers are becoming tech savvy, internet and mobile banking is rapidly replacing the traditional channels like branch (and even ATM) banking. Processing transactions through these remote channels needs to be highly secure and based upon multiple levels of authentication.
Techmerits offers innovative solutions to meet the challenges of transformational journey due to these evolving trends in banking. We possess sufficient capability to work on both, front end and back end requirements of digitization. We can seamless integrate modern and traditional banking channels to offer a unified experience to customers across different channels.
Functional transparency as well as early and regular progress updates keep Agile practitioners in complete control of the project, including modifications of the project scope as required as well as delivery milestones while maintaining elasticity to finish the project before time, if market conditions allow.
Offering personalized and specialized services to high-net-worth individuals adds to the revenue stream by offering cross selling opportunities as well as by helping to retain highly valued customers. But since most of your competitors are already doing the same, you need to differentiate your services and make them more attractive. Our technology services can help you reinvent your private banking products through automation, efficiency, analytics, agility and scalability.
Corporate customers are the lifeline of the banking industry, a market so huge and significant that several banks solely focus on them. But meeting the diverse needs of your corporate customers - cash, loan, liquidity, security management, etc. - is by no means a small challenge. It calls for access to real-time information (cash position for instance), integrated working of multiple software and systems, efficient CRM, and much more. Techmerits can help you simplify the whole process, adding productivity and efficiency down the value chain.
Other segments include loans, lending, insurance, investment, treasury, securities, asset management, etc.