Fastbank offers wide arrays of features that ease the banking needs of the customers in real-time. Customers can enjoy all the unique features as listed.
Single username and password for Mobile Banking, Internet Banking and across all the digital banking platforms
Swift Technology has extensive work experience in the field of the IT sector for over a decade now and has been able to deliver optimum solutions to clients as per their requirements. The company visions to create value through innovation, driven by the guiding principle of providing a solution to the financial challenges.
We have a dedicated team of experts who are always open to handle and maintain any kinds of queries.
The team members hold more than 10 years of experience in FinTech with a supreme understanding of Digital Banking, Cross Border Remittance System, Digital Wallet.
Local Development Support:
Our local development support team is available in Nepal, Malaysia, Japan and Korea
Diverse Skill Set:
Swift Technology provides a diverse skill set of resources who have comprehensive know-how on a product analysis, product development, infrastructure management, business analysis, query handling and after-sales support.
Our services are offered at the most lucrative prices.
We follow the best practice and measures to promptly execute services within the scheduled timeframe.
There are many reasons why to choose products developed by Swift Technology. To be specific, have a look at our USPs.
Solutions that are desired by our clients can be customized at any time. Our solutions highly depict the flexibility to the changing needs of the clients and the market as a whole.
Omnichannel experience is the emerging digital channels and non-digital channel process to offer a unified, seamless, effortless, high-quality customer experience. Any platform, web, mobile, iPad and many more can adapt the omnichannel experience.
The system operates seamlessly with any number of users, merchants, admins and stakeholders. You can explore the scalability, flexibility and reliability of our products with zero obstruction.
Our team comprises of FinTech fanatics, desperate for research alongside a solution-driven attitude. The products developed by this team of experts cater not only to client solutions but drive the social upgrade through innovation as well.
Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a mobile device such as a smartphone or tablet. Unlike the related internet banking it uses software, usually called an app, provided by the financial institution for the purpose. Mobile banking is usually available on a 24-hour basis. Some financial institutions have restrictions on which accounts may be accessed through mobile banking, as well as a limit on the amount that can be transacted. Mobile banking is dependent on the availability of an internet or data connection to the mobile device. wikipedia..
A digital wallet also known as "e-Wallet" is an electronic device, online service, or software program that allows one party to make electronic transactions with another party bartering digital currency units for goods and services. This can include purchasing items on-line with a computer or using a smartphone to purchase something at a store.
Money can be deposited in the digital wallet prior to any transactions or, in other cases, an individual's bank account can be linked to the digital wallet. Users might also have their driver's license, health card, loyalty card(s) and other ID documents stored within the wallet. The credentials can be passed to a merchant's terminal wirelessly via near field communication (NFC). Increasingly, digital wallets are being made not just for basic financial transactions but to also authenticate the holder's credentials.
Digital wallets are being used more frequently among Asian countries as well. One in every five consumers in Asia are now using a digital wallet, representing a twofold increase from two years ago. A MasterCard mobile shopping survey among 8500 adults, aged 18–64 across 14 markets, showed that 45% of users in China, 36.7% of users in India and 23.3% of users in Singapore are the biggest adopters of digital wallets. The survey was conducted between October and December 2015. Further analysis showed that 48.5% of consumers in these regions made purchases using smartphones. Indian consumers are leading the way with 76.4% using a smartphone to make a purchase, which is a drastic increase of 29.3% from the previous year. This has inspired companies like Reliance and Amazon India to come out with their own digital wallet. Flipkart has already introduced its own digital wallet. wikipedia..
Nepal started its mobile banking lately in 2012. The first mobile banking in Nepal was launched by Laxmi Bank Limited, one of the commercial bank in Nepal, with its initial product called Mobile Khata. wikipedia..
Open banking is a financial services term as part of financial technology that refers to:
- The use of open APIs that enable third-party developers to build applications and services around the financial institution.
- Greater financial transparency options for account holders ranging from open data to private data.
-The use of open source technology to achieve the above.
Open banking, as a concept could be considered as a subspecies to the open innovation concept, a term promoted by Henry Chesbrough. It is linked to shifts in attitudes towards the issue of data ownership illustrated by regulations such as GDPR and concepts such as the open data movement. The banks turn into financial service platforms, technically implemented through a Banking as a Service-concept. wikipedia..