Digital Banking Platforms (DBPs) Reviews and Ratings

What are Digital Banking Platforms (DBP)?

A digital banking platform (DBP) enables a bank to begin the transformational process of becoming a truly digital bank that is ecosystem-centric. A DBP also enables banks to achieve business optimization. However, that is not the end state. For banks seeking only business optimization as the goal of their digital banking strategy, a digital banking multichannel solution will meet those needs.

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nCino (NASDAQ: NCNO) is partnered with more than 1,800 financial services providers globally. Through our single software-as-a-service (SaaS) platform, we help financial institutions serving corporate and commercial, small business, consumer, and mortgage customers modernize and onboard clients, make loans, manage the loan lifecycle, and open accounts. We work with financial institution customers of all sizes and complexities, including global financial institutions, enterprise banks, regional banks, IMBs, community banks, credit unions and new market entrants. Our technology enables financial institutions to consolidate disparate systems and data, leverage artificial intelligence to improve efficiencies and insights, manage regulatory complexities, and streamline the banker and customer experience.

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EdgeVerve Systems, a wholly-owned product subsidiary of Infosys, offers digital banking solutions, AI, and automation, assisting clients to thrive in their digital transformation journey. The company has two key business units - Finacle and Edge Suite of solutions.

Finacle offers a front-to-back digital banking solution suite. Finacle solutions address the core banking, lending, digital engagement, payments, cash management, wealth management, treasury, analytics, AI, and blockchain requirements of emerging and established financial institutions. Our cloud-native solution suite and SaaS services help banks engage, innovate, operate, and transform better to scale digital transformation with confidence.

With Edge Suite of solutions, our mission is to create a world where our technology augments human intelligence and creates possibilities for enterprises to thrive. Our comprehensive product portfolio across AI, Automation, and Supply Chain helps businesses accelerate growth.

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Ever since our inception in 2000, our passion for banking and technology have been melded together to form the spearhead that continues to drive our ability to consistently innovate and systematically focus on delivering cutting edge digital banking solutions to every type of financial institution across the globe.

Our extensive experience and unique industry insights continue being implemented into each of our solutions and will keep you one step ahead of your competition and customers’ needs. We deepen and strengthen the connections between you and your customers by fast tracking and optimising digital transformations and journeys.

We are the reliable keystone, that facilitates the daily digital banking journeys for million end users in 30 countries across the globe and the catalyst that empowers, accelerates, future-proofs and ensures seamless and exceptional journeys into the digital banking ether.

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Appway provides automation solutions for financial services businesses. The company's primary focus is streamlining workflows across people, systems, and data to enhance efficiency. Appway's software is designed for various tasks including client onboarding, managing client circumstances change, and regulatory reviews. The scalable and flexible solutions offered by Appway allows the creation of adaptable business applications. The company's tool aims to enhance customer experience while boosting internal efficiencies in line with complex industry regulations. Operating from Switzerland, Appway extends its services globally. Collaborating with a wide range of consulting, implementation, and technology associates is part of the company's operations.

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The Backbase Engagement Banking Platform is a solution designed to assist banks in modernizing their digital banking operations and delivering improved customer experiences. This platform is suitable for banks of all sizes, from small community banks to large multinational financial institutions. Professionals in the banking industry, including executives, product managers, IT professionals, and customer service representatives, as well as retail banks, business banks, private banks & wealth management firms, and credit unions, can benefit from the capabilities offered by the Backbase Engagement Banking Platform.

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CREALOGIX is a fintech organization with a global presence, employing over 380 individuals worldwide. It primarily offers technological solutions aimed at enabling innovation within major banking and wealth management institutions. The main value that CREALOGIX provides lies in the proficiency, teamwork, and passion of its employees, which collectively contribute to the overall success of the organization. The firm's primary objective is to deliver effective technology that facilitates easy and profitable operations for its customers, while shaping the future landscape of the fintech industry. CREALOGIX Holding AG (CLXN) is also noted to have its shares traded on the SIX Swiss Exchange.

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Five Degrees is a technological organization that specializes in providing core banking solutions. This firm primarily focuses on delivering a banking Software as a Service (SaaS) platform titled Neo. This platform is a result of extensive experience gained from collaboration with several international financial institutions. The technology of Five Degrees has been received well, with growing acceptance from banks in Western Europe, the U.S., and Canada. In 2018, the firm broadened its product offerings by integrating a lending feature following the takeover of Libra EHF, a lending technology firm from Iceland. Presently, the technology is adopted by more than 40 banks in Europe and North America. With over 150 employees spread across offices in Amsterdam, Reykjavik, Lisbon, and Novi Sad, Five Degrees aims to enhance banking operations through a strategic and adaptable platform, delivering maximum value.

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i-exceed technology solutions is a FinTech firm actively facilitating the digital transition of global banks and financial organizations. Their primary offering, Appzillon, comprises of Appzillon Digital Banking and Appzillon Digital Experience Platform. Appzillon Digital Banking includes pre-built omni-channel solutions that delivers distinctive banking experiences. The Appzillon Digital Experience Platform is designed as a low-code visual development environment, enabling corporates to implement their digital endeavours. The enterprise also aids numerous banks and financial institutions in expedited digital evolution. Their consumer and corporate onboarding solutions have significantly reduced end-to-end onboarding times. Additionally, Appzillon's open, scalable and micro-app based architecture assists banks in introducing new products and services more rapidly.

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CR2 is a Privately Heldly held independent global banking software company, serving over 100 banks in 60 countries. Incorporated in Ireland and founded in 1997, CR2 offers digital banking and payments solutions built upon an integrated omnichannel digital banking platform known as "BankWorld". CR2 is a global player with strong heritage in the Middle East and African region.

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Finshape is a company that integrates a digital banking platform with advanced personalisation features to aid banks in Europe and the MENA region in achieving digital transformation. The focus over the past 30 years has been to amass a team of over 400 professionals dedicated to assisting banks in strengthening relationships with customers in a digital environment.

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ebankIT concentrates on providing an accessible and personalized digital experience for banks and credit unions across multiple platforms. This includes mobile, web and voice banking, as well as future avenues. ebankIT's Digital Banking Platform offers robust omnichannel capabilities that enable smooth digital banking transformation. The platform is highly customizable and focuses on human interactions. Banks and credit unions can use ebankIT's services to prioritize their customers and sustain their digital strategy for the future.

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Intellect Design Arena Ltd. has a cloud-native, API-led microservices-based multi-product platform for Global leaders in Banking, Insurance, and Capital Markets. It offers a full spectrum of banking and insurance technology products through its four lines of businesses – Intellect Global Consumer Banking (iGCB), Intellect Global Transaction Banking (iGTB), Intellect AI, and Digital Technology for Commerce.

Intellect serves over 300 customers through offices in 57 countries and with a diverse workforce of solution architects, and domain and technology experts in major global financial hubs around the world.

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Temenos aims to create a universal banking platform that provides opportunities for all. Banking is the main focus and the company develops solutions for various entities including large and small banks, non-banking financial institutions, and fintech companies. The ultimate goal is to become the preferred banking platform for all.

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Digital Insight, operated by NCR, focuses on assisting banks and credit unions in their growth. It offers creative solutions for online and mobile banking, providing an easier way for both businesses and consumers to manage finances. The company applies customer insights and innovative thinking to the design of its products. The primary objective of Digital Insight is to offer solutions that propel financial institutions towards achieving enhanced customer engagement and profitability.

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FIS is an enterprise deeply involved in the commerce and financial transactions that fuel the global economy. With a keen focus on supporting businesses and communities flourish, FIS continuously innovates in how the world manages payments, banking, and investments. FIS provides services to over 20,000 clients and operates at more than a million merchant locations spanning over 130 countries.

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ieDigital focuses on the development of digital banking experiences through its main product, the Interact Application Suite. This digital banking platform is specifically tailored to cater to the needs of the financial services industry. In response to the rising demand for innovation within financial services, the ieDigital Interact Application Suite serves as a key industry tool to enhance customer experiences digitally. Furthermore, the application suite promotes growth acceleration, cost efficiency optimization, and risk management through its low code technology, enabling swift implementation within weeks rather than months. ieDigital operates under the ownership of Parabellum Investments, a private equity firm lead by Rami Cassis.

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The company operates in the global tech sector with a focus on banking simplification. The main business problem the company addresses is the digitalization of financial institutions, enabling a transformation that matches consumers' evolving preferences. The company is engaged in crafting products designed with users' needs at their core, impacting over 50 million individuals' engagement with finances globally. The firm's operations encompass various geographical regions including Latin America, North America, and Europe.

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PureSoftware operates internationally, providing software products and digital services. The firm places great emphasis on enhancing customer experience, speeding up process time, and bettering business results. It does this through a blend of digital solutions, robotic process automation, artificial intelligence, advanced machine learning and Internet of Things. The firm offers solutions that take advantage of disruptive next-gen technologies, providing competitive edge to businesses. An important product offered by PureSoftware is 'Arttha', a rapidly growing fintech platform that concentrates on digital banking, digital wallets and core banking solutions.

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Layer is an internationally recognized corporation in the financial technology sector. The firm develops a diverse selection of products, solutions, and services. These are catered towards retail banks, corporate banks, Islamic banks, credit unions, insurance companies, and non-financial institutions. Known for their innovation, security, and flexibility, Layer's solutions aim to provide uncomplicated yet superior experiences for clients and their customers. With a workforce exceeding 70 individuals worldwide, Layer serves an expansive user base which exceeds 25 million spread across more than 20 countries. Previousely known as Ubanquity Systems, Layer operates its main office from Dublin, while also maintaining a presence in Dubai and Lagos.

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