India-based digital lending and customer acquisition platform, Decimal Technologies has announced its partnership with AU Small Finance Bank to develop Video banking solutions for the bank.
The Video Banking Solution enables customers to complete the entire banking process in a matter of a few minutes from the comfort of their homes without the need to visit a bank branch.
AU Small Finance Bank recently launched AU 0101 Net Banking – “Badlav Hamse Hai”, which leverages Video Banking Solution to bring 100+ products & services including investment in Fixed Deposits, Recurring Deposits, Mutual Funds, IPOs & Equities through a single gateway under a single umbrella offering Customized Access, Personalized Offers and Secure Transactions due to end-to-end encryption and OTP verification without the need for customers to visit a branch.
Decimal Technologies is the digital partner for them and AU Small Finance Bank has used Decimal’s no-code platform, Vahana to deliver personalized and tailor-made solutions. With AU 0101, customers can set up automatic payment facilities for recurring bills and also pay their direct taxes or GST and generate tax reports as well, making it a complete one-stop solution for every personal finance-related task.
Speaking on the collaboration, Lalit Mehta, Co-founder & CEO, Decimal Technologies said, ”We are extremely delighted to be the digital partners for AU 0101. Having delivered more than 100 solutions built on Vahana, developing the Video Banking Solution for AU Bank was a truly enriching journey for us. We are glad to be a part of AU Bank’s vision of delivering innovative and tailor-made solutions for their customers.”
“Vahana Cloud (our Development Tools in the Cloud) and Vahana Hub (our API Gateway in the cloud) provided a seamless environment for our 50+ Digital Experts to collaborate and build the solution in just 3-4 months from concept to roll out. We are privileged to have customers like AU Bank that test the limits of our platform on every front,” Mehta added.
Commenting on the development, Sanjay Agarwal, Chairman & CEO of AU Small Finance Bank said, “We have emerged as the fastest-growing small finance bank with an unflinching focus on customer experience and commitment to financial inclusion by innovative use of digital technologies. Our vision of any time, anywhere banking for everyone has been well served by our Video Banking solution developed in partnership with Decimal.