Banking & Financials

Redian Software has cemented itself as a leading Banking Software Development Company in Africa, India, Middle East, UK and USA

In Africa, where banking infrastructure is still developing, financial institutions struggle with limited access to banking services in remote areas, inefficient paper-based processes, and the prevalence of cash transactions, leading to issues like fraud and financial exclusion. Across the Middle East, banks face unique challenges such as compliance with Shariah principles in Islamic finance, geopolitical […]

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How a CRM can accelerate the growth of banks globally

How a CRM can accelerate the growth of banks

In the dynamic banking landscape of Africa, digital transformation is recognized as crucial by 96% of institutions for their growth. Moreover, central to banking strategies is the goal of delivering superior customer service. As we traverse borders, CRM systems transcend their role as mere tools; they become indispensable components for growth. Whether navigating the vibrant

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How banking is coming to your doorstep thanks to POS

POS-based Banking System – How Banking is Going to the Doorstep of Customers

The world of banking is undergoing a rapid transformation, blending traditional services with cutting-edge technologies to meet the diverse needs of customers. One standout development in this evolution is the integration of Point of Sale (POS) technologies into banking systems, bringing financial services directly to customers’ doorsteps. This shift not only redefines traditional banking but

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AI being a click away from being huma's financial advisor.

AI/ML – based Analytics Unleashing New Possibilities in Finance

Picture this: As you’re going about your day, suddenly, out of the blue, your bank sends you a friendly notification. Surprisingly, it’s not about a low balance or an overdraft warning; instead, it’s a thoughtful suggestion tailored just for you. But how does this happen? Well, it’s all thanks to the magic of AI and

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Essential tools for Financial Institutions like Banks, MFI and Saccos in Digital world

In today’s fast-paced and evolving digital landscape, financial institutions, including banks, microfinance institutes, and Savings and Credit Cooperative Societies (SACCOS), are embracing innovative technologies. This is to streamline their operations, enhance customer experiences, and stay competitive in the game. In this article we try to explore crucial tools that are reshaping the financial sector, emphasizing

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How-CRM-optimizes-profits-and-cutting-costs

Why Fintech companies use the CRM system to reduce customer acquisition costs and increase profits

Nucleus Research found that the return rose to $8.71— a 38 percent increase after adopting a CRM system. Furthermore, according to a survey conducted by Resco Net, 74% of the participants agreed that a CRM system improved access to customer data. Moreover, 64% believed in improved relationship management. Additionally, other noticeable improvements included interaction tracking

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Best practices for implementing Core Banking System for Banks & Micro-finance institutions

Think about your local bank. Have you ever thought for them to be able to coordinate all those procedures and clients what goes on behind those walls? For an entity that handles very sensitive issues how are they able to ensure everything runs smoothly and accordingly? That is what a core banking system does. It’s

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Loan & Payments Management System for SACCOS and Micro Finance companies

Problem Statement: Small finance companies and SACCOS often manage their loans and payments against loan on paper or excel sheets. Managing all incoming transactions and processed loans become a challenge for these companies over the period, especially once data starts growing. Companies don’t have clear visibility about the existing loans, payments received and closed loans.

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How open source CRM solutions help the banking and finance companies

The best thing that the world lives to appreciate and especially businesses are the availability of CRM systems and particularly Open Source CRM systems. They offer great flexibility in customization such that banking and finance institutions can greatly benefit from them by tailoring them to conform to their needs. With the implementation of open source

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