Empowering MFIs to digitise their loans operations

ICS BANKS 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 Total
Cost of Ownership (TCO)

Dynamic Products
for New Business Trends

Concurrent Technological Advancements Deployment

Customer
Analytics

Regulator Technology
(RegTech) Solutions

Open Banking
Open 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 Platforms
Cloud available

Future-Proof
Digital 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 More
Touchpoints

Enriched Customer
Service and Experience

Increase Profitability
& Reduce Revenue Leakage

Business Agility to Drive
Productivity & Efficiency

High Security, Scalability,
& Flexibility

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)

Hadhramout Commercial Bank Selects ICS BANKS Universal from ICSFS to Start its Operations in Yemen

Hadhramout Commercial Bank Selects ICS BANKS Universal from ICSFS to Start its Operations in Yemen

Hadhramout Commercial Bank (HCB), a newly-established bank in the Republic of Yemen, has selected ICS BANKS Universal Banking software solution from ICS Financial Systems (ICSFS), the global software and services provider for banks and financial institutions.

Al Kawthar Leasing Company selects ICS BANKS Islamic Finance Leasing Software from ICSFS

Al Kawthar Leasing Company selects ICS BANKS Islamic Finance Leasing Software from ICSFS

After carefully evaluating alternative systems, Al Kawthar recognized ICS BANKS Finance Leasing to be the most reliable, cutting-edge software solution to deploy for their operation; based on its innovative and fully integrable technology covering the full leasing cycle

“TrustBank” PJSB Selects ICS BANKS Islamic Banking Software Suite from ICSFS

“TrustBank” PJSB Selects ICS BANKS Islamic Banking Software Suite from ICSFS

TrustBank PJSB, One of the Banking Industry leaders in Uzbekistan, has selected ICS BANKS Islamic Banking software suite from ICS Financial Systems – ICSFS, the global software and services provider for banks and financial institutions, to implement into their newly established Financial Institute: Trast Muamalat LLC.

ICSFS’ Group CEO & Managing Director,  Receives Lifetime Achievement in Financial Technology Innovation Awards

ICSFS’ Group CEO & Managing Director, Receives Lifetime Achievement in Financial Technology Innovation Awards

World Finance, awarded ICSFS’ Group CEO & Managing Director; Robert Hazboun, in its World Finance Summer 2022 edition, under the World Finance – Islamic Finance Awards 2022, for his Lifetime Achievement in Financial Technology Innovation.

Al-Ataa Islamic Bank Signs for ICS BANKS Islamic Platform

Al-Ataa Islamic Bank Signs for ICS BANKS Islamic Platform

Baghdad, Iraq:
Al-Ataa Islamic Bank for Investment and Finance; a newly-established bank in Iraq, has selected ICS BANKS Islamic Platform from ICSFS.

World Finance names ICSFS as Best Islamic Banking & Finance Software Provider for the Third Year in a Row

World Finance names ICSFS as Best Islamic Banking & Finance Software Provider for the Third Year in a Row

London, United Kingdom:
World Finance magazine has confirmed ICSFS as Best Islamic Banking & Finance Software Provider as part of its 2022 Islamic Finance Awards.

Al Sanam Islamic Bank Selects ICS BANKS Islamic Banking Solution from ICSFS

Al Sanam Islamic Bank Selects ICS BANKS Islamic Banking Solution from ICSFS

Baghdad, Iraq:

Al Sanam Islamic bank, a newly-established Islamic bank in Iraq, has selected ICS BANKS Islamic Banking software solution from ICSFS.

ICSFS to Showcase its Innovative Solutions at ICS BANKS User Group Summit in Iraq

ICSFS to Showcase its Innovative Solutions at ICS BANKS User Group Summit in Iraq

Baghdad, Iraq: ICS Financial Systems (ICSFS), the global software and services provider for banks and financial institutions, today announced the success of its Iraq User Group Summit: “Accelerating Digitalisation and Innovation in Iraq”. ICSFS showcased its holistic awards-winning banking software application; ICS BANKS.

The First Neo Financial Institution in KSA opts for ICS BANKS Digital Platform from ICSFS

The First Neo Financial Institution in KSA opts for ICS BANKS Digital Platform from ICSFS

Riyadh, KSA: The First Neo Financial Institution in KSA; Loan Financing Company (LFC), a newly-established microfinance company in the Kingdom of Saudi Arabia, has selected ICS BANKS Digital Platform from CSFS.

Al Rajhi Bank Jordan opts for ICS BANKS Business Suite from ICS Financial Systems

Al Rajhi Bank Jordan opts for ICS BANKS Business Suite from ICS Financial Systems

Amman, Jordan:

Al Rajhi Bank – Jordan, one of Al Rajhi Bank’s international branches, has selected ICS BANKS Islamic and ICS BANKS Digital Banking software solutions from ICS Financial Systems (ICSFS), the global software and services provider for banks and financial institutions.