Neo by Axis Bank – Corporate Open Banking Offering Qorus-Infosys Finacle Banking Innovation Awards 2024

Submitted by

Axis Bank

Premium

22/06/2024 Banking Innovation

375+ productized API offerings experienced through a single portal with focus on corporate Payments, Collections, Domestic/Cross border Trades, Letter of Credit & Bank guarantees APIs, Inward and outward remittances and Supply chain finance inquiries

Innovation details

Country
IndiaCategory
Business Model TransformationKeyword
Digital channels & Omnichannels, Open Finance & New FS players, SME Banking

Innovation presentation

1. Industry 1st end-to-end digitization of paperless corporate onboarding journey 2. Secured access Advanced encryption methodology and customized encryption logic 3. Postman workspace Public workspace available for testing cards and corporate services 4. TAT reduction Eliminate physical touchpoints with paperless onboarding 5. Customized API offerings Detailed flowcharts and API documentation with comprehensive use cases 6. Operational efficiency Client engagement with Chatbots, API, analytics, developer community forum and website notifications

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