Empowering MFIs to digitise their loans operations
ICS BANKS Microfinance
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- ICSFS
- ICS BANKS Solutions
- Microfinance
A
Holistic
End-to-end Solution
ICS BANKS Microfinance is a completely integrated and parameterised end-to-end solution that covers all microfinance lending activities, supporting multilingual and multi-currency functions, whilst addressing regulatory and competitive market requirements of the microfinance lending space.
ICS BANKS Microfinance is implemented with our Business Process Management (BPM) solution, supporting the full microfinance lending workflow cycle of applying, studying, approval and processing, and enhancing customer service through Digital channels.
A Future-Proofed Technology
ICS BANKS Microfinance is a cost-effective, flexible, and user-friendly lending software solution, suitable for any MFI. With its customised MIS capabilities, BI functions and easy tracking methods, the MFI is able to track the workflow of the loan process at any level, and any time, and can request reports, enquiries and advices receipts for each loan process, with full detailed information on the loan settlement transaction.
With a future-proofed architecture and a comprehensive set of rich and flexible features that can be configured to meet the MFI’s business needs, our clients can tailor any type of microfinance product according to their choice, and meet their customer’s needs.
Key Features
Innovation as a Core Function
Reduced TotalCost of Ownership (TCO)
Dynamic Products for New Business Trends
Concurrent Technological Advancements Deployment
CustomerAnalytics
Regulator Technology(RegTech) Solutions
Open BankingOpen APIs Architecture
Improved Efficiency to Drive Business Agility
Unification of all Digital Systems Omnichannel Experience
Profiling Customer Social Engagement
Increase Customer’s Confidence
Complete Cloud PlatformsCloud available
Future-ProofDigital Banking Products
Vast Business Coverage to assist the Full Cycle of any Banking Sector
Automated Processes & Robotics, Hence Time & Money Savings with High Accuracy
Delivering MoreTouchpoints
Enriched Customer Service and Experience
Increase Profitability & Reduce Revenue Leakage
Business Agility to DriveProductivity & Efficiency
High Security, Scalability, & Flexibility
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ICS BANKS
Products
ICSFS uses innovative technologies at the core of all of its software solutions; developing first-class, dynamic, and future-proofed banking and financial products that could keep pace with latest market trends and direction.
Each ICS BANKS Product is built from the ground up to be remarkably modular, secure, and agile, ensuring your business continuity and ability to expand vertically, horizontally, or both, without hassle.
Key Benefits
Flexible, fully-integrated code structure and design allowing complete data inclusion
Omnichannel KYC with inclusive touchpoints for a better customer experience
Versatile reporting tools allowing better compliance and performance tracking
Scalable, Up-to-date, Technologically advanced, and ahead of market trends
Advanced data architecture allowing for clear real-time flow of information
Immaculate multi-bank and multi-entity features with seamless switching
Innovative, out-of-the-box solutions with Robotics and Artificial Intelligence
Real financial clarity and reduced Total Cost of Ownership (TCO)
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With consumers shifting to online banking, the strength and agility of a bank’s digital systems has never been more important. Through its innovative solutions, ICS Financial Systems equips banks for the digital age.
Bankable Software
ICSFS provides business and technology solutions for financial institutions across the world. The Company’s success can be attributed to its turnkey offerings, including ICS BANKS and ICS BANKS ISLAMIC universal banking and financial software
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ICS Financial Systems came through the pandemic and supply chain crisis not just in rude health but with reinvigorated energy and ideas.
Hi-Tech Banking
World Finance recently spoke to Wael Malkawi, Executive Director of Business Development for ICSFS, provider of ‘ICS BANKS’ financial solutions that has over three decades of experience helping financial institutions manage their digital operations.
Learn how Software Companies Drive Success On Cloud (eBook)
IDC conducted interviews with ICSFS’ Executive Director; Mr. Wael Malkawi and Chief Technology & Innovation Officer; Mr. Ghassan I. Sarsak discussing ICSFS’ cloud journey experience in their latest eBook: Cloud Partner Success Guide 2018
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The wealth management industry has had to rapidly evolve as customers demand the latest digital solutions. The challenges this presents must be overcome if firms want to future-proof their businesses.
The Benefits of Oracle Blockchain for Payments and Transfers
As financial institutions look to enhance their customers’ online banking experience, a number of them are looking are blockchain technology as a way to accelerate the payment process and cross-border transfers. IDC forecasts that “applications surrounding complex, multi-party transactions or intermediaries demonstrate the largest benefits of implementing a blockchain solution.”
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Working with Disruption
“Our digital banking platform is embedded in the DNA of our universal banking applications (ICS BANKS and ICS BANKS ISLAMIC). Therefore, agility is seamlessly reflected in all the universal banking applications’ products across all touchpoints, without the need for complexity or interfaces.”
ICSFS Sees Growing Tech Adoption Among Islamic Countries
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Adding a competitive edge
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Digital Banking: The Key to Working with Disruption
Banks have been chasing digital transformation ever since the creation of FinTech, when tech giants started imposing changes and creating new platforms for doing business.
