Find the Best Online Banking Software

Best online banking software includes interACT Universal Banker, EBANQ, Apex Banking, Capital Banking, and eBank.net. Such internet banking software enables financial institutions to provide core banking, treasury, wealth management, customer and corporate e-banking, and more to their customers via a secure internet portal.

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List of 20 Best Online Banking Software

Showing 1 - 20 of 34 products

Contenders | 2024

Process-driven CRM for marketing, sales, service.

Product Description

This information is provided by vendor.

Creatio is the global supplier of no-code platform for industry workflows automation and CRM. Creatio’s customers enjoy the freedom to own their automation. Freedom is provided through unlimited customization, the ability to build apps without a line of code and a universe of ready-to-use templates and connectors. Learn more about Creatio

Emergents | 2024

Product Description

InterACT Universal Banker is a multi-channel offering that aims to deliver a consistent customer experience across channels. It provides a single multi-channel view of your customers. Besides, it seamlessly integrates with other third-party applications. Learn more about InterACT Universal Banker

Contenders | 2024

User-friendly personal banking software

Product Description

This information is provided by vendor.

EBANQ is an all-in-one banking platform for small banks, credit unions, savings & loans, trust companies, and client fund managing companies. It is mobile-friendly, giving its customers the ability to access the system on the go. Learn more about EBANQ

Emergents | 2024

Best online banking software

Product Description

Apex is a cloud-based banking solution with the main focus on how to enrich customers’ experiences. It offers a wide range of features, including multiple delivery channels, mobile banking software, internet banking system, reconciliation and settlement, and more. Learn more about Apex Banking

Contenders | 2024

Product Description

Capital Banking Solutions is one of the best online banking software that aims to deliver end-to-end banking experience for their customers. It carries banking expertise of more than 25 years to help you meet all the industry compliances. Learn more about Capital Banking

Emergents | 2024

Offers rich banking services

Product Description

Dais Software offers an online banking protection software that delivers a comprehensive set of functionalities. From internet and mobile banking to bill payments to multi-channel integration, and real-time notification feed, it takes care of all. Learn more about eBank.net

Emergents | 2024

Innovative banking solution

Product Description

Finacus is one of the best online banking solutions that offer integrated software solutions across the globe. It stays up-to-date with the latest industry trends to make sure that it provides the best-in-class product to its consumers. Learn more about Finacus

Emergents | 2024

All-in-one platform for all banking solutions

Product Description

Leveris is an advanced banking digital solution for your financial institutions. It comes pre-integrated with all the services needed to carry out operations efficiently and smoothly. Besides, it can track and record every action in real-time. Learn more about Leveris

Emergents | 2024

Channeling the power of Artificial Intelligence

Product Description

InfrasoftTech is an AI-driven banking platform that integrates well with the bank’s old legacy system and other multi-channel to provide a unified experience. It also captures and analyzes customer’s behavior and turns them into actionable insights for better customer service. Learn more about InfrasoftTech

Online banking protection software

Product Description

This information is provided by vendor.

Core Banking Solution (CBS) by Virmati offers a robust set of modules to carry out daily operational tasks efficiently. It is suitable for all types of banks, including the central bank of a country, private bank, investment bank, service bank, and more. Learn more about Virmati’s CBS

Cloud platform for composable banking

Product Description

Mambu is one of the best online banking software that is well-known for its speed and agility. It is a cloud-based platform that aims to deliver end-to-end banking services to create an enriching experience for customers. Learn more about Mambu

Category Champions | 2024

Product Description

This information is provided by vendor.

TallyPrime is India’s leading business management software for GST, accounting, inventory, banking, and payroll. TallyPrime is affordable and is one of the most popular business management software, used by nearly 20 lakh businesses worldwide. Learn more about TallyPrime

Most Reviewed

Emergents | 2024

Reliable internet banking online software

Product Description

CornicheNet acts as a personal banking software for your customers. It enables them to open new accounts, change contact details, examine statements, and more. It offers high security as it provides built-in encrypted messaging services to ensure secure communications. Learn more about CornicheNet

Emergents | 2024

Product Description

This information is provided by vendor.

Award-winning AI-Based End-to-End Digital Lending Management SaaS Platform for SMEs and Enterprise Businesses including Banks, Credit Unions, Finance Companies, In-house Lenders, Non-profits, and Governments. Learn more about TurnKey Lender

Emergents | 2024

An Impressive Internet Banking Software System

Product Description

Revolut is a cloud-based internet banking software that helps enterprises and SMEs streamline their finances. This software comes with many inbuilt functionalities such as multiple security options, analytics, instant payments within the network, & much more. Learn more about Revolut

Emergents | 2024

Smart banking solution platform

Product Description

NYMBUS is the most modern, robust set of a digital solution that enables financial institutions to create a separate digital bank. The aim is to help them capture new customers and grow their business. Besides, it offers a fully-integrated CRM solution. Learn more about Nymbus

Emergents | 2024

Transforming banking solutions

Product Description

Kony DBX is a leading banking platform in the industry that empowers banks of any size with the latest technology. It offers a comprehensive set of solutions that aims to provide better customer service. Learn more about Kony

Emergents | 2024

The Most Cost-effective Mobile Banking Software

Product Description

Telepin is a revolutionary mobile banking software known for giving financial power to people through its mobile applications. This scalable software has over 256 million subscribers worldwide and has processed over ten billion transactions to date. Learn more about Telepin

A Powerful Online Banking Software System

Product Description

Bottomline is an electronic banking software known for its unique UI & UX capabilities. This tool is highly preferred by banks for engaging with customers & delivering unmatched customer experience, besides growing profitable relationships with businesses. Learn more about Bottomline

Emergents | 2024

A Feature-rich Internet Banking Software

Product Description

Sopra banking is an advanced online banking security software that have been assisting banks for 40 years. This fully-featured software is known for reducing your expenses, accelerating time to market, as well as optimizing and securing operations. Learn more about Sopra Steria

What Is Online Banking Software?

The banking industry is fast-growing, with its attempts to integrate technology into financial services. If any bank wants to stay ahead of the curve and retain customers, they need to invest heavily in technology and internet banking software.

Online banking software is nothing but a set of programs that are designed to streamline different activities of financial institutes. It supplies the infrastructure to build, deploy, and administer financial products.

It offers a wide range of functionalities — from holding accounts data in compliance with laws to handling financial transaction processing and accounting to providing customer self-service portal, and more.

Online banking software vendors can tailor the platform by the specific needs of financial organizations, such as retail banks, investment banks, and more.

Key Features of Online Banking Software

Some of the critical features of electronic banking software include:

1. Speed and Reliability: The most critical feature of online banking software is speed and reliability. When choosing a banking solution, the software should run smoothly without any glitch.

2. Security: Bank usually carries a massive amount of sensitive data. No compromise should be made when it comes to the security of the data. Thus, you need to make sure that the software takes high-level security measures. Otherwise, customer information remains exposed and at risk.

3. Support Availability: Whichever solution you choose, make sure that the vendor offers reliable and active support in case of any trouble.

If you suddenly start facing any kind of issues with the system, or it suddenly stops working, you will need immediate technical assistance. Nowadays, many online banking software vendors provide 24/7 support via live phone calls or emails. They ensure that their clients stay on top of all tasks.

4. Multi-Currency: An effective banking software will be capable enough to support multi-currency as well as different languages. It should enable you to carry out accounting procedures or create balance sheets in base currency along with other currencies if required.

5. Integration: Your banking solution should seamlessly integrate with your existing system or any other third-party applications. This is important because whenever you want to try to add any module, it shouldn’t disrupt your whole operation.

For instance, you want to integrate your banking software with social media tools to grow your business, it should happen without any breakdown. Similarly, you want a system that easily integrates with mobile banking software or is able to include widgets/shortcuts for online shopping, flight booking, etc. into your internet banking software.

6. Single Sign-on Feature: Internet banking software should support sign on to applications other than the ones not supported by core banking software — like fixed asset management package, CRM system, trade finance package, cheque transaction application, and more.

7. User Interface: One cannot ignore the importance of having an interactive interface. A useful online banking software enables quick navigation with an intuitive panel. It should be easy to use, which allows you to carry out all your functions from a single dashboard.

The main focus of online banking software vendors is flexibility and customization to enable personalized experience to every financial institution. Besides the common features, many banking solutions go beyond to provide non-banking functionalities, such as marketing content management or marketing distribution. Given the compliance concern in the financial and banking sector, content distribution can be of great use.

Benefits of Online Banking Software

There are several benefits associated with using online banking software. Some of which includes:

1. Reduces Cost of Operation: Electronic banking software simplifies and automates the daily operational activities of the bank. It results in increased efficiency when it comes to handling customers. Moreover, the use of the internet banking system, mobile banking, and payment gateways have drastically reduced the number of footfalls in the bank daily.

Thus, it reduces the requirement of the workforce in a bank. And also, ensures that all the work is performed at a much efficient rate than before. It brings down the operational and support expenses.

Furthermore, the automation of mundane tasks leaves employees with more time to focus on additional development such as better customer service.

2. Improves Compliance: Some industries like banking, food and beverage, automobiles, and more, need to stay compliant with specific industry standards set by the government. The best thing is that the banking solutions are developed keeping those compliance rules in mind. It protects you from breaking any laws unknowingly.

For instance, it ensures that an application passes through the next stage online when all the compliance is in check. Besides, the system stores all the documents and case log history in a secure and organized manner. It can be of great help during the audit period as it saves a lot of time and effort.

3. Reporting and Analytics: The modern banking solution comes equipped with reporting and analytical tools. It enables you to gather valuable information and analyze them in the back-end system to provide actionable insights on a daily basis. It allows you to make smarter business decisions.

Many electronic banking software also provides customized real-time data as per your requirements. It helps in rectifying any mistakes immediately, and thus, makes the whole banking process more transparent.

Besides, these insights allow businesses to study long term impacts on a particular business process and formulate their strategy accordingly.

4. Increases Customer Loyalty: Another core benefit of using a core banking solution is that it enables you to provide exceptional customer experiences.

By integrating mobile banking software and net banking software, customers are allowed to access their bank accounts from across the world. They can access their accounts at any time, from anywhere.

Such facilities enable banks to attract new customers and retain the old ones as it provides them with more transparent banking experience. Besides, banks can come up with more customer-centric financial services and products with the help of technology.

As we all know, the mantra to success is happy customers for any business.

5. Automates Workflow System: The main aim of electronic banking software is to automate the workflow and reduce the need to perform tasks manually. It not only saves time and effort but also increases productivity at work.

And since the operations are in real-time sync, so even if a staff member is absent, it doesn’t affect the daily operation. Any other employee can take over and carry out the required tasks quickly and easily. Moreover, the system also enhances communication at work as it allows you to send alerts or any reminders immediately via email or instant chat messengers.

6. Creates Paperless Environment: The business world is becoming paperless and moving towards digitalization.

Online banking software comes with an in-built document scanning system and stores all the files centrally. It removes the need for filing cabinets, photocopies, or paper files. In fact, it also stores exchanged text messages, emails, and voice recordings for audit purposes.

Furthermore, it allows for easy sharing of files or any documents via email. Plus, you can easily create standard templates. Thus, it reduces paper waste and also increases efficiency as the likelihood of documents getting misplaced is eliminated.

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Nikunj Dudhat
By Nikunj Dudhat | Last Updated: January 02, 2024