Future-ready Core Banking System.

Did you know?

The Reserve Bank of India (RBI) reported bank frauds amounting to INR 60,400 Crores in 2021-22. Systemic vulnerabilities put significant pressure on banks to boost security, bolster innovation, and become future-ready.

How?

By actively modernizing Core Banking Systems (CBS) with the security features below.

  • Deploying an Aadhaar vault-ready infra that masks the user’s Aadhaar number with a token.

  • Using KAFKA technology enabled real-time fraud analytics to identify and mitigate risks.

  • Implementing one-way hash algorithm and switch level/API-level encryption to secure critical functions from malware and cyberattacks.

  • Integrating blockchain technology in CBS to enhance future-readiness

  • By implementing the above measures, banks can develop a secure and conducive environment for strategic partnerships that can offer maximum value to all stakeholders.

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Global Core Banking Software Market Size

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In this edition of FinTalk, we feature our Core Banking System product M2P Turing CBS.

Turing CBS is built on the latest micro-services architecture with low code and an API first, cloud agnostic platform making it a modern and futuristic core banking system.

Benefits & Features
  • Speed of innovation (AI and ML)

  • Flexibility (low code capabilities)

  • Agility (hyper-personalized products)

  • Customer-centric & pre-integrated with FRM engine

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    Strategy to Reorient Neobanking for Sustained Profitability

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    API -The Power that Drives New-Age Banking Ecosystems

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    EarlySalary raised $110 Mn from TPG Growth, Norwest Capital.

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    Ezetap was acquired by Fintech unicorn Razorpay for $150 Mn.

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    Ecobank announced the fifth edition of Ecobank Fintech challenge. Overall cash prize up to $50,000.

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    Global Fintech Fest (GFF) 2022, to be inaugurated by the Union Minister of Finance and Corporate Affairs.

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    Sriram KS, our Head of Engineering spoke at the ETCIO Virtual Boardroom Session on ‘Outpacing the Change – Drive Innovation at scale with Multi Cloud’.

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    IndusInd Bank partners with M2P to offer digital-first and digital-only products.

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    Madhusudanan R, our co-founder, participated in the BFSI Game Changer Summit and spoke on – ‘Financial Services Tech at its Cloud Moment.’

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    That's it for now. See you again soon with all the need-to-know fintech updates!

    Stay tuned. Stay curious.

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