1. Modern Electronic Banking
Problem & Vision

2. Traditional Banking Branch Banking Transaction with Cash and Cheque
Limited to Deposit, Withdrawal and Cheque Payment
Interest Income on Saving & Fixed Deposit
Limited Products like Deposit & Loan
Time Consuming
Safety

3. The
Shift

5. Vatican City, Pope Announcement

6. Technical Journey of Electronic Banking
Around 2014
Digital Banking, Omni Banking
Around 2010
Complete Mobile Banking
Around 2009
USSD, Mobile Apps ( Less Functionality)
Around 2005
SMS Alerts, Push Pull Services
SMS, USSD, Mobile Internet, Downloadable Apps, Facebook, Twitter, You Tube, Digital Promotions
Around 2002
IVR, Call Center
Around 1990
Internet Banking
Around 1960
ATM
Around 1950
Core Banking

7. Functional Evolution
Mobile based Account Opening, Mobile based Cheque Deposit, mPOS etc….
Fund Transfer, Topup, Bill Payment etc…
Balance Enquiry, Mini-Statement, Full Statement etc….

8. Role of Digital Banking in Day to Day Life
8am – Payment for Breakfast
On way the Checked Stock Price
9am – Taxi Payment
11am – Done Mobile Recharge
1pm - Lunch
Movie Ticket Booking
Checked Financial Details

9. Advantages Proximity & Convenience Portability Cost Savings
Track Spending
Industry Benefits

10. Our Cell Phone has already replaced our camera, calendar, computer, watch and alarm clock. What about Banking … ?

11. A Growing App Culture
App ownership vs. future interest

13. DIGITIZATION is at the center of all strategies
“Today there are only two types of Organizations, those that have been reshaped by digital technology, and those that soon will be”
DIGITIZATION is at the center of all strategies

20. Agents

21. Challenges
Challenges for country authorities in regulating and supervising the financial system
Security
Trust Factor
Customer Awareness
Privacy Risk
Strengthening the public support
Availability of Personnel services
Implementation of global technology
Handling Technology

22. Challenges in Digital Transformation

23. Guidelines to Success Technology to support all Business
Go to Market Strategy
Technology Driven Human Focus
Ease of use

24. ModeFinServer – Omni Channel Banking Solution Provider
Core Banking
Mobile Banking
Internet Banking
Agency Banking
Mobile Wallet with Micro Saving and Lending
mVisa and Masterpass
mPOS

25. Customers are becoming increasingly comfortable with technology, they are interacting with banks in multiple ways. They expect to be treated as individuals and according to their preferences. For banks, the time is now to take advantage of the Modern Technologies available. As the world becomes even more digital, capitalizing on technology will make the difference.