FINORA System (Open Banking Core)
Author: luepow
Category: Catalogues
Date: January 13, 2023
What is FINORA?
FINORA is DCGEEKS’ flagship Open Banking Core system, designed to empower financial institutions with a flexible, scalable, and highly secure platform for modern banking needs. Built with an open architecture, FINORA allows banks and financial service providers to integrate seamlessly with third-party services, adapt to digital finance trends, and provide a more personalized experience for customers.
Key Features
- FINORA’s modular design allows institutions to add or modify components as needed. From account management and transaction processing to compliance and reporting, each module is designed to work independently while seamlessly integrating with the rest of the system.
- FINORA is built with open APIs, making it easy for financial institutions to connect with external services, fintech providers, and other partners. This flexibility allows banks to offer additional features like digital wallets, P2P payments, and cross-border transfers, enriching the customer experience.
- With FINORA, institutions can process transactions in real time, ensuring speed, reliability, and efficiency. The system is optimized to handle high transaction volumes while maintaining strict security protocols, making it ideal for large-scale operations.
- FINORA complies with global banking standards and regulations, offering robust security features like encryption, multi-factor authentication, and fraud detection. This makes it easier for institutions to adhere to regulatory requirements without compromising on functionality or customer experience.
