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Omnichannel Digital Banking Platform

Omnichannel Digital Banking Platform

4.5 (15)
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Review

"Omnichannel Digital Banking"

5.0

Muhammad Adil M. - Technial analystJuly 17, 2021

STARTING PRICE

2000

one time
per user

Free Trial
Not Available

EASE OF USE

4.5/5

Based on Capterra user reviews

What is Omnichannel Digital Banking Platform?

Modefin's integrated Omni Channel Platform is designed to help banks & financial institutions deliver modern cross-platform customer experiences. It allows banks to align with customer expectations and create deeper & personalized engagement. The platform offers a single centralized solution that helps banks to deliver streamlined and personalized services through self-service channels to their customers.

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Omnichannel Digital Banking Platform

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INR 2000.00
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Omnichannel Digital Banking Platform Reviews

Showing 5 of 15 reviews
Overall
4.5
Ease of Use
4.5
Customer Service
4.3

Pros

  • Customer support is a big plus, they have highly trained and motivated, trained team to help out.

  • We are using this service to expand our digital banking products and innovative banking portfolio and have seen tremendous growth in numbers inclusive of the revenue gains.

Cons

  • It has poor audit logging and functionality to monitor service uptime.

  • Providing banking services through mobile is no more an option but a necessity.

Most Helpful Reviews for Omnichannel Digital Banking Platform

Muhammad Adil M. avatar
Muhammad Adil M.
Technial analyst
Information Technology and Services, 1,001-5,000 employees
Used the software for: 1-2 years
Overall Rating
5.0
Ease of Use
4.0
Customer Service
5.0
Features
5.0
Value for Money
4.0
Likelihood to Recommend
9/10
Reviewer Source
Source: Capterra
July 17, 2021

"Omnichannel Digital Banking"

Overall: If you need synchronization of multiple channels in one than it is one of the best systems in market for integration. Customer support is a big plus, they have highly trained and motivated, trained team to help out.

Pros: Highly scalable and secure system. Enjoyed too much while configuring and working with the transactional systems. Data collection module is highly efficient, tracking customer's behavior, location, preferences and other important information can be stored and extracted.

Cons: Bit lacks in audit trails and reporting to track. Service uptime monitoring is also tricky, not that helpful, needs improvement.

GOURI S.
CIO
Banking, 201-500 employees
Used the software for: 2+ years
Overall Rating
5.0
Ease of Use
5.0
Customer Service
5.0
Features
5.0
Value for Money
5.0
Likelihood to Recommend
10/10
Reviewer Source
Source: Capterra
September 20, 2019

"MODEFINSERVER : Very Elegant, easy to Implement and superb customer UX"

Overall: This has assisted our Customers to Banking at their will and the Platform is easy to use.

Pros: The Software is user friendly and easy to implement. TAT is very fast. They have a dedicated team for the projects which makes easy to implement. The process for implementation is very methodical. The company has very less CRs and they accomodate minor changes within the AMC. Very strong and Dedicated team to partner with.

Cons: The go in too much of details during the implementation which we believe is out of box product.

Alternatives Considered: Finacle
Reasons for Choosing Omnichannel Digital Banking Platform: Ease of use and ease of customization. Lower Cost.
Mahase M.
COO
Banking, 201-500 employees
Used the software for: 2+ years
Overall Rating
3.0
Ease of Use
4.0
Customer Service
3.0
Features
5.0
Value for Money
5.0
Likelihood to Recommend
7/10
Reviewer Source
Source: Capterra
December 13, 2019

"Software that works!"

Pros: Rich in features for financial inclusion Value for money and thereby reducing transaction cost Can be customised for our needs

Cons: Quality control could be improved Version control to could also be improved as it affects production deployments

Reasons for Choosing Omnichannel Digital Banking Platform: Value for money and equally rich in functionality
Ugyen T.
Division Head
Banking, 501-1,000 employees
Used the software for: 2+ years
Overall Rating
4.0
Ease of Use
4.0
Customer Service
3.0
Features
5.0
Value for Money
4.0
Likelihood to Recommend
8/10
Reviewer Source
Source: Capterra
November 20, 2019

"Banking Software Solution-Delivery channel"

Overall: Providing banking services through mobile application is becoming increasingly popular and the future of the bank will not be physical presence of the branch but is dependent on how intelligently the banks deliver the services through technologies like mobile devices. Providing banking services through mobile is no more an option but a necessity. With this, we are exposed to greater risk and security issues than ever, though!

Pros: Scalability nature of the software. We can add any new features according to the demand and need in the market.

Cons: Since the app is static, we have to let customers download the latest versions of the app with every new features and this could be causing inconveniences to the customers.

Gilbert M.
GM Operations
Financial Services, 201-500 employees
Used the software for: 2+ years
Overall Rating
4.0
Ease of Use
4.0
Customer Service
4.0
Features
4.0
Value for Money
4.0
Likelihood to Recommend
9/10
Reviewer Source
Source: Capterra
November 25, 2019

"MFS Digital Platform Review"

Overall: - Managed to decongest branches by migrating small transactions to the digital platform. - Reduced Banking costs as the cost per transaction is lower than in branch. - Increase financial inclusion as the Bank can be access even from far remote areas than the physical branches.

Pros: - The platform is modular which make it very ease to add more modules and functionality.

Cons: - It has poor audit logging and functionality to monitor service uptime.

Reasons for Choosing Omnichannel Digital Banking Platform: The platform design was modular which makes it scalable. The pricing structure was good and the firm displayed technical competence.