
Why Make a Digital Bank Transformation?
The need for digital banks or digital branches is driven by growing customer expectations for digital banking experiences. Customers tend to favor banks that have applied a form of digital transformation, ones that accommodate digital consumer behaviors and self-service. Customers return to banks with shorter turnaround times, 24x7x365 availability and accessibility, and omnichannel interactions.
Banks, on the other hand, want to add features much faster, extend their presence without opening new branches, reduce the number of steps and people involved in transactions, reduce the risk of financial errors, increase their customer base and sales.
IBS Self-Service Branch Solution
At IBS, we believe that the future of banking lies in providing a true omni-channel experience, with the right mix between a physical branch and digital branch.
Bank branches need to transform and adopt a digital technology platform, where banking services are automated and delivered through multiple channels such as self-service banking kiosks, mobile banking applications, and digital banking wallets. Yet, banks still need to focus on customers opting real-time assistance and personalized services.
Our Digital Banking Branch Solution integrates digital technology with traditional banking. The IBS Digital Banking Branch Solution is customized to meet the bank's specific needs and comprises five zones: Quick Banking Zone, Printing Zone, Mobile Banking Zone, Video Conferencing Zone, and Interactive Digital Wall. Each zone addresses specific customer needs and improves the efficiency of delivered operations.
IBS Digital Banking Branch Solution provides bank customers with a reliable and secure platform to:
One of the main components in a Digital Branch is the smart Banking Self-Service Machine (SSM). It functions like a normal bank clerk but even faster! The smart IBS Banking ATM executes many transactions such as opening accounts, issuing bank cards, processing KYC, registration, managing loans, paying bills (cash payments or credit payments), deposits/withdrawals, printing documents, and instant money remittances. Moreover, the Banking Mobile App and Mobile Wallet are additional channels that users can utilize for payments, top-ups, requesting loans, issuing bank cards, money transfers, and more!