Finacle for digital-only banks Reviews & Product Details

One of the most helpful aspects of Finacle Core Banking Solution is its comprehensive functionality. The solution covers a wide range of banking operations, including deposits, loans, payments, trade finance, and more, which makes it easier for financial institutions to manage all aspects of their business in one place.

Another major upside of using Finacle Core Banking Solution is its scalability. The solution can easily adapt to changing business needs, such as adding new products or services, without disrupting existing operations. This makes it an ideal choice for banks and other financial institutions that want to grow and expand their offerings over time.

The flexibility of Finacle Core Banking Solution is also a major advantage. The solution can be customized to meet the specific needs of each financial institution, which means that banks can tailor the solution to fit their unique business processes and requirements.

Security is another important upside of using Finacle Core Banking Solution. The solution is built with robust security features, protecting sensitive data and ensuring compliance with regulatory requirements.

Overall, the most helpful and beneficial aspects of Finacle Core Banking Solution are its comprehensive functionality, scalability, flexibility, and security. These features make it an efficient and reliable choice for financial institutions looking to upgrade their core banking systems. Review collected by and hosted on G2.com.

One potential downside of Finacle Core Banking Solution is its complexity. As with any comprehensive banking system, there can be a learning curve for users who are not familiar with the solution. This can require additional training and resources for the bank to fully implement and utilize the solution.

Another potential downside is the cost of implementing and maintaining Finacle Core Banking Solution. Depending on the size of the financial institution and the level of customization required, the cost of implementation and ongoing maintenance can be significant.

Lastly, some users have reported issues with the user interface of Finacle Core Banking Solution, citing difficulties with navigation and finding specific features. However, this can be subjective and may depend on the individual user's experience and familiarity with the system.

Overall, while Finacle Core Banking Solution offers many benefits, potential downsides to consider include the complexity of the system, the cost of implementation and maintenance, and potential issues with the user interface Review collected by and hosted on G2.com.

Finacle is very much user friendly, as it helps even to a fresher to learn it properly even without taking anyone's help. It provides a great support to check customers' information in all 360° view. Review collected by and hosted on G2.com.

The worst thing I found is sometimes it takes too much time to open some important commands. Other than this there should also be some more user friendly or there should be some liye versions also to check some informations about customers even when we unable to open the whole system Review collected by and hosted on G2.com.

As a flagship Infosys product, Finacle Core has a complete set of Retail/Corporate/Business banking functionalities. Finacle offers other products like CRM, Treasury, Digital Banking etc., so it is a feature-rich bank-in-a-box solution. Review collected by and hosted on G2.com.

The technology used to build the Finacle core is a closed box called Finacle scripting. It needs a unique skill set to customise the solution, and resources aren't freely available. The technology is not future-proof and can be called a cloud-compatible solution instead of a cloud-native solution. Review collected by and hosted on G2.com.

The overall module is good. Now it has separate module for CRM which is also good. The table strucute is also good. Other than this best part is customization of finacle. Review collected by and hosted on G2.com.

Finacle some time doesnt follow its own rule like sometime even with out putting the exchange rate it allow the cross currency transaction, some with it doesnt allow to close the account even afer aip is settled. Review collected by and hosted on G2.com.

Customization, innovation, analytics, security are best in Finacle system. The solution is highly flexible and can be easily integrated with existing banking systems, allowing for a seamless transition to the new platform. Review collected by and hosted on G2.com.

Finacle's cost is higher than the other Core Banking systems. Integration of some products. Cost should be reduced and more innovation for product development is required. Review collected by and hosted on G2.com.

I think the best feature of Finacle Core Banking Solution is its easy navigation, very user friendly, and because of the simplicity, bankers can process transactions in fast manner. Review collected by and hosted on G2.com.

In the banking industry where Finacle Core Banking Solution is being used, I think it should have additional features like providing signatures automatically for every bank account. What I mean is when you input the account number, you can already see the signature right away. Review collected by and hosted on G2.com.

Extended RESTful API for co-innovation with the external ecosystem, Third party api integration and bundle of mixed libraries having independent features also cloud capabilities Review collected by and hosted on G2.com.

I dont have observed such cons about finacle however UI platform can be more better to do configuration for both of platforms ( Enduser and Bank Admin) Thats it. Review collected by and hosted on G2.com.

The system is very easy to use & the APIs provided for most of the features with the bundle. Review collected by and hosted on G2.com.

The menus are required to be memorised by the user. There should be a display (Clickable) so a new user can use it easily. Review collected by and hosted on G2.com.

Flexible enough to make it as your wish.easy to use yet secured, easy to learn.easy to train. Easy to integrate with any other applications either with new technology or old, no matter. Review collected by and hosted on G2.com.

Only supports oracle database which limits the capability of Finacle banking software in some cases. Review collected by and hosted on G2.com.

Finacle is a highly flexible banking solution that you can customize according to your customers needs. Meeting customer requirements is a must for competitive advantage. Review collected by and hosted on G2.com.

There are no specific dislikes. But not having some modules like pawnbroking in Finacle is a disadvantage. Review collected by and hosted on G2.com.