Transaction Banking Solution

Quick access to finances to support trade and supply chain needs is critical for the economy. Newgen offers financial institutions a full spectrum of transaction banking solutions, enabling them in their digital transformation journey. The solutions help FIs cater to the needs of businesses looking to fund their trade and supply chain needs. We assist in streamlining the transaction lifecycle and digitizing the bank’s processes. Our solutions are intended to boost operational productivity and efficiency while enhancing the customer experience. Built on a low code digital transformation platform, our transaction banking solutions bring much-needed automation, digitalization, transparency, agility, and security to payments, supply chain finance, and trade finance processes of financial institutions.

Solutions for Transaction Banking

Trade Finance

Initiate and monitor multi-channel trade process with ease. Streamline online operations, reduce cost, and ensure scalability with straight-through processing. Also, get easy access to check loan limit availability.

Supply Chain Finance

Get support for products across vendor and dealer financing, factoring, reverse factoring, and marketplace. Digitize and improve supply chain finance process with straight-through processing. Automate onboarding process through customer self-service portal for an improved visibility.

Payments Hub

Automate Society for Worldwide Interbank Financial Telecommunications (SWIFT) Payments. Enable signature verification system to ensure higher security. Get access to Check Truncation System (CTS), Mobile Check Capture System, Automated Clearing House, and Post-Dated Check Management System (PDCMS).