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PalTech turned a BFSI analytics leader’s endless dashboards into concise actions, cutting 80% analyst workload

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How AI-powered analytics reshaping credit union's business strategy?

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Banking, Financial Services & Insurance (BFSI)

Transform customer journeys & automate core processes
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Rising expectations of users, legacy systems & infrastructure, adoption of emerging technologies following ever-changing compliance requirements are the challenges of BFSI players – which we focus on solving through our below offerings.

BFSI Segments We Served

BFSI
Health Insurance
Handled claim digital lifecycle creating front- office apps, back-office integrations, and EDI batch transfers
BFSI
Property Insurance
Developed personal real-time portfolio monitoring applications with inbuilt risk management tools
BFSI
Investment
Designed AI driven investment advisory assistant with proprietary formulas and financial modelling
BFSI
Credit Union
Implemented a cloud-based collaboration & insights platform for corporate banking relationships
BFSI
Small Finance Banks
Developed open banking digital ecosystem and APIs for seamless integration with third party services
BFSI
Rating Agencies
Built an auditing platform to import sample test data, streamline rating process and analyst workflows
BFSI
FinTech
Built a decentralized blockchain platform for exchanging the sensitive information between partners
BFSI
Revenue Cycle Management
Automated eligibility verification, payment reconciliation, denial analysis, data aggregation and reporting

What’s the next big thing in BFSI ?

We assess your digital maturity and help you modernize your digital strategy to withstand the
market competition, adopt new business models and delight customers.

BFSI

Our Offerings for BFSI Players

BFSI
Platform Development
Create secured and user-friendly platforms to support complex financial operations across banking, investment, wealth management, asset management, and insurance
BFSI
Data Analytics
Extract valuable insights & patterns from vast amounts of financial & customer data for risk assessment, investment strategies, personalized services, and fraud detection
BFSI
Software Testing
Identify and fix the security vulnerabilities, performance issues, data integrity compromise areas, non-compliance of BFSI regulations to meet the highest quality standards
BFSI
Mobile App Development
Enable on-the-go financial services over user friendly mobile apps to access accounts, make transactions, access personal information, and receive alerts
BFSI
Artificial Intelligence
Build AI-powered virtual assistants for financial planning, NLP-driven chatbots for customer support, intelligent algorithms for fraud detection, risk assessment and accurate predictions
BFSI
Process Automation
Automate data entry, claims processing, invoice reconciliation, accounts payable & accounts receivables compliance reporting, customer query resolutions, and data transfer between systems
BFSI
Legacy Migration
Consolidate repeated solutions or sunset hard to maintain solutions or eliminate the technical debt through application and data portfolio rationalisation and recommending the best fit modern solution.
BFSI
API Management & 3rd Party Integrations
Facilitate integration with Open Banking APIs & Systems for efficient data exchange, enhanced collaboration, and the ability to leverage external services, expanding the capabilities
BFSI
Cloud Adoption
Design scalable cloud storage, disaster recovery solutions, backup multi-zone host mechanism for enabling BFSI applications and data accessible securely from anywhere
BFSI
Blockchain Audit Solutions
Build Hyperledger blockchain connected web applications for secured partner contracts, immutable log mechanism, decentralized payments & financial tracing information

Solutions we have delivered across BFSI Industry

PalTech has delivered the below core financial systems and customer self-support solutions for our BFSI industry clients to enhance their customer experiences, optimise operations, and drive business growth.

BFSI

Featured Insights

BFSI

TECHNOLOGY

The Future of Retail Intelligence Is Retrieval-Augmented Generation 

Tech insights on Secure Software Development: Explore the critical need for a Secure Software Development Lifecycle (SSDLC) to mitigate security gaps often overlooked in traditional SDLC models. In today’s threat landscape, where cyberattacks are increasingly sophisticated, integrating security at every phase of development is essential. SSDLC not only improves software quality and ensures compliance with industry regulations but also identifies vulnerabilities early, preventing costly security breaches. Key strategies like shift-left security involve embedding security practices at the initial stages, while DevSecOps adoption ensures continuous security integration into DevOps workflows. Security awareness training equips development teams with the knowledge to identify and mitigate potential threats, while continuous monitoring and vulnerability assessment helps detect anomalies post-deployment. Embracing SSDLC best practices empowers organizations to protect sensitive data, stay compliant, and build lasting trust with customers by delivering secure and reliable software solutions.

5 minutes read | May 19, 2025

BFSI

TECHNOLOGY

Designing for Intent: Why Smart Apps Are the Future of Enterprise Experiences

According to Gartner, more than 80% of enterprises will have deployed generative AI–enabled applications by 2026, with that number expected to climb to 95% by 2028.   As users grow accustomed to intelligent digital experiences in their personal lives, they begin to expect the same level of intuition and responsiveness from enterprise applications. It’s no longer enough for apps to function. They must listen, learn, and evolve. In today’s hyper-connected ecosystem, the expectation is clear: applications must not only support workflows but actively enhance them, becoming indispensable co-pilots in both decision-making and experience delivery.

5 minutes read | May 14, 2025

BFSI

TECHNOLOGY

Reimagining Credit Union Strategy: The AI Advantage

Tech insights on Secure Software Development: Explore the critical need for a Secure Software Development Lifecycle (SSDLC) to mitigate security gaps often overlooked in traditional SDLC models. In today’s threat landscape, where cyberattacks are increasingly sophisticated, integrating security at every phase of development is essential. SSDLC not only improves software quality and ensures compliance with industry regulations but also identifies vulnerabilities early, preventing costly security breaches. Key strategies like shift-left security involve embedding security practices at the initial stages, while DevSecOps adoption ensures continuous security integration into DevOps workflows. Security awareness training equips development teams with the knowledge to identify and mitigate potential threats, while continuous monitoring and vulnerability assessment helps detect anomalies post-deployment. Embracing SSDLC best practices empowers organizations to protect sensitive data, stay compliant, and build lasting trust with customers by delivering secure and reliable software solutions.

4 minutes read | May 05, 2025

BFSI

TECHNOLOGY

Strengthening Customer Identity: Why Businesses Need Azure AD B2C

Tech insights on Secure Software Development: Explore the critical need for a Secure Software Development Lifecycle (SSDLC) to mitigate security gaps often overlooked in traditional SDLC models. In today’s threat landscape, where cyberattacks are increasingly sophisticated, integrating security at every phase of development is essential. SSDLC not only improves software quality and ensures compliance with industry regulations but also identifies vulnerabilities early, preventing costly security breaches. Key strategies like shift-left security involve embedding security practices at the initial stages, while DevSecOps adoption ensures continuous security integration into DevOps workflows. Security awareness training equips development teams with the knowledge to identify and mitigate potential threats, while continuous monitoring and vulnerability assessment helps detect anomalies post-deployment. Embracing SSDLC best practices empowers organizations to protect sensitive data, stay compliant, and build lasting trust with customers by delivering secure and reliable software solutions.

4 minutes read | Apr 15, 2025

Why Choose Us?

Up to 40% faster time- to-market using frameworks

Technical Debt & Product Scope Creep eliminated

Partnerships and Support plans with Cloud providers

Products backed by Solution Architect + Functional SME