Retail Banking Platform

PS-RBP

ProgressSoft’s Retail Banking Platform provides banks’ retail clients with a centralized, user-friendly and intelligent platform for all financial transactions and decisions.

The omnichannel platform transforms traditional banking processes into digital, secure and intuitive experiences that facilitate banks’ communication with their clients and avails it on a 24/7 basis.

PS-RBP

Features

Account Management

PS-RBP provides individuals with full-fledged account management including opening different types of accounts, full overview of account statements, summaries and transaction details and history, as well as e-statements and reports including cash flows and net positions. This is in addition customizing timely alerts and notifications.

Account Management
Transaction Types

Transaction Types

PS-RBP provides individuals with numerous transaction types including cash-in and cash-out, local and international money transfers, mobile remote check deposits, standing orders and bill payments. It also allows individuals to request money from other account holders as well as split bills or expenses.

Mobile Remote Deposit of Checks (mRDC)

PS-RBP provides the ability to deposit checks through capturing a picture of both sides of the check using their smartphones. The funds are then directly deposited into their accounts. It is powered with server-side functionality for image analysis, image enhancement, Optical Character Recognition (OCR) and Magnetic Ink Character Recognition (MICR) reading. Individuals can also request to issue a new checkbook and be provided with their list of drawn and presented check details.

Mobile Remote Deposit of Checks (mRDC)

More features

Cards Management

PS-RBP allows individuals to fully manage their cards including requesting to issue credit and debit cards, which are then approved according to a pre-defined criterion and delivered to the individual via integrations with third-party courier or logistic companies. This is in addition to settling card payments, funding accounts, inquiring about account statements, configuring specific alerts and more.

Personal Financial Management

PS-RBP offers comprehensive financial reports for individuals to fully manage their finances and measure their financial performance against set budgetary targets. Individuals can also plan for recurring expenditures such as tuition payments and monthly bills with the help of a suggested savings and payments schedule by the platform.

Intuitive Services

PS-RBP allows individuals to receive goods and services procurement suggestions when they are nearby specific merchants and service providers. This is achieved through financial institution partnerships with third-party vendors, detection and interaction with advertising devices, and identification of individual geolocations.

Profile Management

PS-RBP allows individuals to fully manage their profiles including passwords, contact information and languages, as well as enable and disable mobile services.

Benefits