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BankWorld Internet Banking solution for Retail

BankWorld Internet banking solution provides banks with a functionality-rich, flexible and secure internet banking solution that will give retail customers the convenience and range or services they demand while also generating more revenue for the bank through innovative products and services.

In today's banking market, retail customers expect their bank to provide them with the freedom to perform transactions and manage their finances when and where they want. More and more customers today prefer to bank through self-service channels and they want their bank to deliver a more customisable and personalised service. CR2 has designed BankWorld Internet banking solution taking into account all of these criteria.

Benefits of BankWorld Internet banking solution for retail customers

BankWorld Internet banking solution not only enables banks to offer their customers a better service, but it also facilitates greater cost reduction and revenue streaming.

Cost Reduction

  • Low cost channel
  • Integrated solution
  • Remote support
  • Less License Fees
  • Reduce risk and fraud
  • Reduce cost of errors
  • Future-ready platform

Service Improvement

  • Convenient banking
  • Customer in control of their finance
  • User-friendly interface
  • Online service enrolment
  • Immediate delivery of requested products and services
  • Interactive relationship
  • Relevant tailored offerings

Revenue Streaming

  • Product acceptance and auto-delivery
  • Pre-approved offerings
  • Pushed tailored offerings
  • Online auto-application for new products
  • Effective cross-selling
  • Transaction volume and fee income
  • Third-party revenue

BankWorld Internet banking solution - Unique Services for retail customers

BankWorld Internet banking solution enables banks to offer retail customers a wide range of convenient and innovative services such as:

  • Registration for services on other channels
  • Consolidated view of all accounts
  • E-Statements & search options
  • Domestic & international transfers
  • Pay and view Bills
  • Beneficiary creation
  • Product Acceptance
  • Third party product selling
  • Electronic Money Voucher dispenser
  • Schedule future payments
  • New product or service subscription
  • Online user preferences
  • One click personalised Payments
  • Activate / Deactivate Card
  • Increase / Decrease Limits

A more Personalised banking experience at the Internet channel

BankWorld Internet banking solution enables banks to offer retail customers a much more personalised internet banking experience. Customers can be presented with the services that they want at the internet channel, customising the channel to suit their needs. BankWorld Internet banking solution allows banks to treat each customer as an individual and not just another online transaction.

More Effective Segmenting and Targeting of Retail Customers

Through the BankWorld platform, customers can also be more effectively segmented and thus targeted with offers and promotions that are relevant to them through the Internet channel, improving cross-selling opportunities.

If the customer is a student for example, they can be presented with student orientated services and promotions such as student loans and mobile top-ups. If they are a high net worth customer however, they can be presented with offers such as high interest deposit accounts and even third party promotions for luxury brands.

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Success Stories

“We are committed to extending the range and variety of products and services we offer to clients and to providing every opportunity to enable our customers to have convenient and secure access to all their accounts through whichever electronic channel they choose. BankWorld provides a powerful front end to the T24 solution from Temenos which we have implemented”

Rolands Citajevs,
Chief Information Officer and Board Member,
Aizkraukles Bank, Latvia