News

New wins for Nelito’s DoorStep Banking

Updated On : 21 March 2014

In one of the first instances of a forward looking urban cooperative bank leveraging AADHAR based biometric authentication, Kannur cooperative Bank has selected FinCraftTM – Doorstep Banking as the technology for enhanced customer acquisition and transaction at customer places through agents.

The technology uses tablets, handheld devices, connected by GSM and supporting AADHAR and non AADHAR authentication mechanisms to on-board. All cash transactions can also be completed using AADHAR based authentication.

The solution would help the bank to quickly on-board new customers at very low cost and complete transactions at a fraction of the costs of doing the same at branches or at ATMs.