Millennials, the largest demographic of banking customers, are more digitally focused than earlier generations and are highly inclined towards mobile banking.
They seek convenience and on-the-go banking experiences that can support their banking needs. Virtusa’s MyBank solution offers an intuitive and secure end-to-end mobile banking framework for a seamless banking experience. It allows banks to onboard customers digitally by scanning IDs, and enable real-time deposits by uploading virtual checks. The solution also supports utility bill payment and peer-to-peer payment services. Banks can roll out targeted offers for loans and other value-added services.