Banking and Financial Services

Revolutionizing Financial Services with Efficiency and Innovation

Transforming how banking and financial services are done, Inbay Innovations engages closely with some of the leading financial institutions and FinTechs to drive innovation that enhances operational efficiency and empowers businesses to stay ahead in the fast-changing market. Our mission is to simplify complex processes, intelligent solutions, and customer-centric products for the future of financial services. We help our clients by offering highly personalized and value-driven financial services that appeal to customers in today’s dynamic banking environment.

Delivering Cutting-edge Technology and Innovation for BFS Leaders

Banking

We provide highly secure and scalable banking solutions that accelerate digital transformation, improve operational efficiency, and enhance the overall customer experience for banks' operating institutions.

Cards and Payments

They also smoothen the transaction processes to ensure even more speedy and secure payment systems.

Digital Lending

An automated, customer-first digital lending process that quickly and accurately makes credit decisions for customers while providing a hassle-free borrowing experience transforms the lending process.

FinTech

We drive FinTech innovation with agility and tech-powered solutions that disrupt traditional financial models while realizing accessibility, friction reduction, and maximizing efficiency in financial services.

Our Partners

Securing Your Leadership in the Banking and Financial Services Industry

Enhance your business’s success with our tailored solutions, designed to deliver fast and secure transactions, ensure rigorous compliance, and implement strategic cross-selling to boost sales. All while maintaining the highest security and risk management standards, you will have a clear advantage in the competitive financial services landscape.

Smooth interaction at all touchpoints will create seamless customer experiences, leading to loyalty, long-term satisfaction, and brand advocacy.

Expand globally with little friction by connecting you to diversified markets that help you do this efficiently and for optimal adaptation to regional needs for sustainable growth and success.

Engage with customers personally, focused on their needs, to deepen relationships and build trust for longer-lasting and thicker customer bonds.

Enable fast and secure user identity verification to avoid fraud. Our product allows for real-time checks while maintaining security and a smooth user interface.

Service Offerings

Revolutionizing Legacy Systems with Microservices Architecture

Upgrade your banks’ infrastructure by modernizing legacy applications into agile, scalable microservices to boost efficiency, agility, and speed in a digital world.

Improve the efficiency and security of financial transactions with current payment modernization, carefully designed to meet fast-paced requirements in the ever-evolving economic landscape.

Such integration of third-party solutions into your banking systems creates a seamless, one-of-a-kind ecosystem that offers efficiency in operations and higher customer satisfaction.

Unlock the Power of Cloud Migration and SaaS Systems: Software-as-a-Service offerings are flexible, scalable, cost-effective, and more. They catalyze innovation and growth within an organization.

It will modernize customers with the most advanced digital banking solutions, an intuitive interface, and innovative features that will change banking and financial services standards.

  • Success Stories

    Next-Gen Core Banking Solution for North American Financial Institutions

    A modernized core banking application that ensures real-time processing reduces setup time by 40%, optimizes batch operations, and boosts 12-15% profitability for banks and credit unions.

     

    Seamlessly integrated with third-party systems, it supports 40% of Canadian credit unions and banks, ensuring automated reconciliation of inter-branch accounting for streamlined operations.

  • Success Stories

    Streamlined Digital Client Onboarding for a Leading Caribbean-Canadian Bank

    She revolutionized the client onboarding process by developing a secure, user-friendly Digital Onboarding Portal, successfully onboarding 12,000+ customers within two years of launch.

     

    The scalable, maintainable solution allows for easy customization, driving operational efficiency, reducing costs, and delivering substantial savings for the bank.

  • Success Stories

    Innovative Payments and Card Processing Solution for a Leading US-Based Prepaid Card Company

    They developed an advanced web portal and mobile app (Android and iOS) for cardholders, featuring third-party integrations and enabling real-time card-to-card transfers.

     

    This solution resulted in a 20% increase in customers, enhanced user experience, and reduced card loading time from a full day to under a minute while boosting POS transactions by 40%.

  • Success Stories

    Real-Time Payment Integration (RTPI) for a Caribbean Subsidiary of a Leading Canadian Bank

    Designed and developed backend services for seamless instant payment integration, ensuring secure transfers with ISO 20022 messaging for enhanced transaction details and better liquidity management.

     

    This solution allows immediate money transfers using phone numbers or email IDs, significantly improving customer satisfaction and transaction efficiency.

  • Success Stories

    Cloud-Based Real-Time Payment Integration (RTPI) for a Caribbean Subsidiary of a Major Canadian Bank

    I revamped the client's application to a cloud-based system, paving the way for a 30% cut in operational expenses, faster order fulfillment, mitigating fraud cases, and providing robust cloud security.

     

    The solution allowed for increased business agility, provided a customized digital journey, launched a ready-to-use white-label solution, and cut down labor costs by 40%.

  • Success Stories

    Instant Card Issuance Solution for the Caribbean Subsidiary of a Leading Canadian Financial Services Provider

    We created backend services to deliver prompt card provisioning (which has delivered over 10,000 cards in 6 months since launching). The solution allows instant delivery of personalized cards, significantly improving the previously lengthy process.

     

    It also offers a seamless replacement option for lost or damaged cards, ensuring accurate tracking of all requests.

  • Success Stories

    Enhanced ATM User Interface for the U.S.-Based Global Financial and Retail Technology Company

    I upgraded the ATM terminal software to enable cardless transactions, multi currency withdrawals, denomination selection, and dynamic transaction cost calculation, resulting in a 13% improvement in multicurrency dispensing accuracy.

     

    The solution enhanced performance and revenue, supported surcharge and fee implementations, and provided personalized views for selected and remaining withdrawal amounts.

  • Success Stories

    Tech-Driven Lending Platform for Small Business Entrepreneurs

    Developed a customized loan application solution that streamlined the client's loan processing with cloud-enabled capabilities, efficient tenant and product management, and user-friendly interfaces for faster loan approvals.

     

    The integrated system ensures quick, accurate data for analysts, underwriters, and servicing teams, improving efficiency and reducing processing time.

  • Success Stories

    Advanced AML & Fraud Management System for a Global Leader in Financial Crime Compliance

    It improved client products by adding enhanced AML/Fraud RCM plugins, new AIS processes, and performance optimization to detect fraud with higher precision at an effort reduced by 40% through manual intervention.

     

    The solutions improved the handling of role management, streamlined graphical workflows, enhanced data representation in reports, and significantly enhanced the end-client experience while reducing operational and maintenance costs.

    Inbay is certified in
    'Great Place to Work®'!

    We Are Great Place to Work® Certified™ in 10 countries with a full-time workforce [India, USA, Canada, Poland, Romania, Moldova, Indonesia, Singapore, Malaysia & Thailand]! Thank you to our incredible team for making Inbay a fantastic workplace!

    #GPTWCertified