Banking / Finance

Mobility, social media to transform financial services: Finacle

LUCKNOW: A few years back, financial services expected you to stand in queue with a ‘withdrawal slip’ in hand. In 2013, banks came up with the ‘anywhere banking’ notion where they took banking service to your doorsteps. Come 2014 and banking may no longer be ‘anywhere’ in nature either.
Banking solutions provider Infosys Finacle, in a study predicted that with mobility, simplicity and technology dominating the banking trends, the financial service will go beyond ‘anywhere banking’ to ‘everywhere banking’. On a ten-point scale, the study predicted a very big role for technical advancements like cloud, apps, big data and social media.

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