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Bank of Maharashtra Completes Roll-out of InfrasoftTech Mobile Banking Solution
MUMBAI, March 4, 2015 /PRNewswire/ --
InfrasoftTech today announced that Bank of Maharashtra has gone live on
InfrasoftTech's Mobile Banking Solution, enabling Bank of Maharashtra's customers to avail
banking services on-the-go.
(Logo:
http://photos.prnewswire.com/prnh/20130422/610789 )
Bank of Maharashtra has a large customer base and wanted to mobile-enable its services
in keeping with evolving customer expectations. The solution had to be scalable, both in
terms of increase in mobile banking usage as well as expansion in portfolio of services
offered.
InfrasoftTech's Mobile Banking Solution has helped Bank of Maharashtra to provide its
clients a highly flexible way of banking. With this solution, Bank of Maharashtra's
customers can view account related information, make secure fund transfers, send funds
through NEFT, make merchant and utility payments, raise service requests like debit card
request, debit card pin regeneration, credit card request, block debit card and many other
such services that a customer needs on day-to-day basis. The 2FA authentication makes the
transactions highly secure and safe. The solution also provides value added services like
mobile passbook, complain lodgement and change of PIN. It also provides location-aware
features such as branch/ATM locator for required set of services.
Bank of Maharashtra was able to meet all its business and technology goals for this
automation project, and thus allowing its 20 million+ customers to avail the benefit of
banking on-the-go. In 2013-14, InfrasoftTech launched its mobility solution suite on
hosted platform, offering it on SaaS model. This has greatly benefited Bank of Maharashtra
to quickly launch the mobile-based services without having to worry about initial capex
requirements and procurement delays that come with any infrastructure deployment.
Speaking on the occasion, Mr. M.C. Kulkarni - GM-IT, Bank of Maharashtra stated, "We
are confident to achieve our objective of delivering highly scalable mobile banking
solution on InfrasoftTech's mobility platform that will enhance our customer reach and
allow our customers to avail of many services 24x7. InfrasoftTech has worked round the
clock to develop and deliver the mobile banking solution, within strict timelines. I am
confident of quick adoption of mobile banking amongst our large customer base since the
solution is very user friendly."
On the occasion, Mr. Hanuman Tripathi, Founder & Group Managing Director,
InfrasoftTech, said, "We are very glad to see Bank of Maharashtra going live on our
mobility platform, since this is the need of the hour for any bank wanting to improve its
service capabilities. The bank had set very strict deadlines for itself and I am happy to
note that both the teams have made it possible. The project offers one of the best case
studies for mobile banking solution on a hosted platform in India."
Mr. Rajesh Mirjankar, CEO, InfrasoftTech, said, "InfrasoftTech has invested in a
state-of-the-art solution and infrastructure for a hosted mobility and payments platform
and desires to be the market leader in this segment. We will continue to upgrade the
features of our mobility solutions in line with the needs of today's generation of
clients."
About Bank of Maharashtra:
It is one of the leading public sector banks in India with 8 decades of operations
spanning retail, commercial, MSME, and financial inclusion sectors with over USD 35 bn
business mix. It serves over 20 million customers through 1900+ branches.
About InfrasoftTech:
InfrasoftTech, a CMMi Level 5 v1.3 assessed company, is a specialized IT product
solutions and services provider for global financial enterprises. The company enjoys the
trust of over 300 banks and financial institutions in 32 countries for its wide ranging
offerings in the space of core banking, microfinance, payment solutions, money laundering
prevention, commercial banking, wealth management, brokerage and capital markets. Our
operations are spread over 3 delivery centers in India in Mumbai, Pune and Chennai and in
UK, Canada, USA and UAE and has extensive partner networks over Africa, Middle East and
South East Asian countries.
Learn more at http://www.infrasofttech.com/SoftwareServices.aspx
Media Contact
Harshada Deokar
harshada.deokar@infrasofttech.com
Asst. Manager - Corporate Communications
+91-22-67764000
Infrasoft Technologies
Photo:
http://photos.prnewswire.com/prnh/20130422/610789
Photo:http://photos.prnewswire.com/prnh/20130422/610789
http://photoarchive.ap.org/
InfrasoftTech
Bank of Maharashtra Completes Roll-out of InfrasoftTech Mobile Banking Solution
MUMBAI, March 4, 2015 /PRNewswire/ --
InfrasoftTech today announced that Bank of Maharashtra has gone live on
InfrasoftTech's Mobile Banking Solution, enabling Bank of Maharashtra's customers to avail
banking services on-the-go.
(Logo:
http://photos.prnewswire.com/prnh/20130422/610789 )
Bank of Maharashtra has a large customer base and wanted to mobile-enable its services
in keeping with evolving customer expectations. The solution had to be scalable, both in
terms of increase in mobile banking usage as well as expansion in portfolio of services
offered.
InfrasoftTech's Mobile Banking Solution has helped Bank of Maharashtra to provide its
clients a highly flexible way of banking. With this solution, Bank of Maharashtra's
customers can view account related information, make secure fund transfers, send funds
through NEFT, make merchant and utility payments, raise service requests like debit card
request, debit card pin regeneration, credit card request, block debit card and many other
such services that a customer needs on day-to-day basis. The 2FA authentication makes the
transactions highly secure and safe. The solution also provides value added services like
mobile passbook, complain lodgement and change of PIN. It also provides location-aware
features such as branch/ATM locator for required set of services.
Bank of Maharashtra was able to meet all its business and technology goals for this
automation project, and thus allowing its 20 million+ customers to avail the benefit of
banking on-the-go. In 2013-14, InfrasoftTech launched its mobility solution suite on
hosted platform, offering it on SaaS model. This has greatly benefited Bank of Maharashtra
to quickly launch the mobile-based services without having to worry about initial capex
requirements and procurement delays that come with any infrastructure deployment.
Speaking on the occasion, Mr. M.C. Kulkarni - GM-IT, Bank of Maharashtra stated, "We
are confident to achieve our objective of delivering highly scalable mobile banking
solution on InfrasoftTech's mobility platform that will enhance our customer reach and
allow our customers to avail of many services 24x7. InfrasoftTech has worked round the
clock to develop and deliver the mobile banking solution, within strict timelines. I am
confident of quick adoption of mobile banking amongst our large customer base since the
solution is very user friendly."
On the occasion, Mr. Hanuman Tripathi, Founder & Group Managing Director,
InfrasoftTech, said, "We are very glad to see Bank of Maharashtra going live on our
mobility platform, since this is the need of the hour for any bank wanting to improve its
service capabilities. The bank had set very strict deadlines for itself and I am happy to
note that both the teams have made it possible. The project offers one of the best case
studies for mobile banking solution on a hosted platform in India."
Mr. Rajesh Mirjankar, CEO, InfrasoftTech, said, "InfrasoftTech has invested in a
state-of-the-art solution and infrastructure for a hosted mobility and payments platform
and desires to be the market leader in this segment. We will continue to upgrade the
features of our mobility solutions in line with the needs of today's generation of
clients."
About Bank of Maharashtra:
It is one of the leading public sector banks in India with 8 decades of operations
spanning retail, commercial, MSME, and financial inclusion sectors with over USD 35 bn
business mix. It serves over 20 million customers through 1900+ branches.
About InfrasoftTech:
InfrasoftTech, a CMMi Level 5 v1.3 assessed company, is a specialized IT product
solutions and services provider for global financial enterprises. The company enjoys the
trust of over 300 banks and financial institutions in 32 countries for its wide ranging
offerings in the space of core banking, microfinance, payment solutions, money laundering
prevention, commercial banking, wealth management, brokerage and capital markets. Our
operations are spread over 3 delivery centers in India in Mumbai, Pune and Chennai and in
UK, Canada, USA and UAE and has extensive partner networks over Africa, Middle East and
South East Asian countries.
Learn more at http://www.infrasofttech.com/SoftwareServices.aspx
Media Contact
Harshada Deokar
harshada.deokar@infrasofttech.com
Asst. Manager - Corporate Communications
+91-22-67764000
Infrasoft Technologies
Photo:
http://photos.prnewswire.com/prnh/20130422/610789
Photo:http://photos.prnewswire.com/prnh/20130422/610789
http://photoarchive.ap.org/
InfrasoftTech