Mobile & Online Banking

In the BFSI (Banking, Financial Services, and Insurance) sector, providing robust mobile and online self-service solutions is essential for meeting the evolving needs of tech-savvy customers. These platforms enable customers to manage their accounts, perform transactions, and access financial services anytime, anywhere, without the need for in-person visits.

By leveraging advanced digital technologies, BFSI institutions can enhance customer satisfaction, improve operational efficiency, and reduce service costs. This guide outlines the key features, benefits, and best practices for implementing mobile and online customer self-service solutions in the BFSI sector.

Key Features

Transaction Capabilities

Enables customers to perform transactions such as fund transfers, bill payments, and loan applications

Secure Authentication

Implements secure authentication methods such as biometrics, multi-factor authentication, and encryption to protect customer data

Personalized Dashboards

Provides personalized dashboards displaying relevant account information, recent transactions, and financial insights

Investment and Financial Planning Tools

Provides tools for investment tracking, financial planning, and goal setting

Digital Onboarding

Facilitates new customer onboarding through digital KYC and identity verification processes

Document Management

Allows customers to upload, view, and manage important documents such as statements and loan agreements

Customer Support Integration

Integrates chatbots and live chat support to assist customers with inquiries and issue resolution

Alerts and Notifications

Sends real-time alerts and notifications for account activities, due payments, and promotional offers

Account Management

Allows customers to view and manage their accounts, check balances, and update personal information

24/7 Access to Services

Ensures customers can access services round-the-clock through mobile apps and online portals

Key Benefits

Operational Efficiency

Streamlined processes and targeted efforts reduce waste and optimize resource allocation.

Competitive Advantage

Advanced analytics provide a deeper understanding of customers, offering a competitive edge.

Improved Customer Satisfaction

Swift and accurate resolution of disputes enhances customer trust and loyalty


The system can handle increasing volumes of customer data and interactions without compromising performance

Data-Driven Insights

Provides valuable data and insights into customer behavior and preferences, supporting strategic decision-making

Cost Savings

Reduces the need for manual administrative support, resulting in cost savings for the organization

Enhanced Customer Convenience

Offers customers the convenience of managing their finances from anywhere, at any time, without visiting a branch

Increased Engagement

Enhances customer engagement through personalized services and proactive communication

Implementation Strategy

Continuous Monitoring

Regularly monitor system performance and customer feedback to identify issues and make necessary adjustments.

Customer Education

Provide clear instructions and support materials to help customers understand how to use the kiosks effectively.


Customize the platform to align with the institution’s branding and specific service requirements.

Data Integration

Consolidate CRM data from various sources into a unified platform for comprehensive analysis.

Feedback and Improvement

Establish a feedback loop with users to identify areas for improvement and implement enhancements.

Needs Assessment

Conduct a thorough assessment of branch operations and customer flow to identify specific needs and areas for improvement.

Platform Selection

Choose robust and scalable platforms for mobile and online self-service solutions.

Security Measures

Implement robust security protocols, including biometric authentication and encryption, to protect customer data and transactions.

Staff Training

Train branch staff to assist customers with using kiosks and troubleshoot any issues that arise.

User Testing

Conduct extensive user testing to identify and resolve any issues before full deployment.

Use Cases

Account Opening

Enable customers to open new accounts digitally, completing the entire process online or via mobile.

Alerts and Notifications

Send personalized alerts for account activities, due dates, and promotional offers.

Bill Payments

Pay utility bills, phone bills, and other recurring expenses directly from the wallet.

Customer Support

Provide real-time customer support through chatbots and live chat features.

Financial Planning

Offer tools for budgeting, goal setting, and financial planning to help customers manage their finances effectively.

Fund Transfers

Allow customers to transfer funds between accounts or to other banks easily and securely.

Investment Management

Offer tools for customers to manage their investments and track portfolio performance.

Loan and Account Opening:

Enable customers to sign loan agreements, account opening forms, and other documents electronically, streamlining the onboarding process.

Loan Applications

Facilitate the application process for personal loans, mortgages, and other financial products.


User-Friendly InterfaceIntuitive and easy-to-navigate interfaces for both mobile apps and online portals.
Secure Authentication MechanismsBiometric authentication, multi-factor authentication, and encryption to ensure data security.
Comprehensive Account ManagementFeatures for viewing and managing accounts, transactions, and personal information.
Transaction ProcessingTools for executing fund transfers, bill payments, and other financial transactions securely.
Customer Onboarding and KYCDigital onboarding processes including KYC and identity verification.
Real-Time Alerts and NotificationsSystem for sending real-time alerts and notifications to customers.
Integrated Customer SupportChatbots, live chat, and support ticket systems for addressing customer inquiries and issues.
Financial ToolsTools for budgeting, financial planning, and investment tracking.
Document ManagementFeatures for uploading, viewing, and managing financial documents.
Analytics and ReportingTools for monitoring system performance and generating insights from customer data.

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Microsoft Dynamics 365 Business Applications encompass a suite of powerful tools designed to streamline various aspects of business operations. Dynamics 365 Customer Engagement (CE) focuses on enhancing customer relationship management through integrated applications for sales, customer service, marketing, and field service. It excels in scalability, flexibility, and integration capabilities, allowing organizations to tailor solutions to their specific needs. In tandem, Dynamics 365 Finance & Operations (F&O) offers robust financial management and operational capabilities, supporting complex financial processes, supply chain management, manufacturing, and human resources. Dynamics 365 Business Central further extends functionality with comprehensive ERP capabilities tailored for small to medium-sized enterprises, encompassing financial management, supply chain, sales, and service management. Partnering with specialized firms like Cubic Information Systems in the Banking, Financial Services, and Insurance (BFSI) sector enhances the power of these applications. Cubic Information Systems leverages its expertise to customize Dynamics 365 Business Applications, ensuring seamless implementation and optimization of CRM, ERP, and operational processes specific to BFSI regulations, customer engagement, and operational efficiency. This collaboration empowers organizations to achieve greater agility, compliance, and customer satisfaction within the BFSI industry.

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Mobile & Online Banking

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