Business Desk : dhakamirror.com
Brac Bank and Nucleus Software Exports Ltd have jointly won a “Best Implementation in Transaction Banking” award at IBS Intelligence Global FinTech Innovation Awards 2022 for FinnAxia, a transaction banking and supply chain finance solution for small and medium enterprises.
The award recognised the rapid implementation of FinnAxia to support the bank’s strategy of venturing into the supply chain financing market to provide seamless solutions for all its end customer offerings, said a press release.
The completely automated and paperless solution is now enabling the bank to onboard customers faster and provide services in 4 minutes and 52 seconds.
“We will continue to adopt best-in-class technology to serve our customers better,” said Selim RF Hussain, managing director of the bank.
“We look forward to continuing to assist BRAC Bank as they expand their business and explore new ways to stay ahead of competition,” said Parag Bhise, chief executive officer of the solution providing company of India.
