Mumbai,
February, 2023.
Kotak
Mahindra Bank (KMBL) today goes live with Kotak fyn, a holistic digital
platform developed specifically for business banking and corporate clients. The
new integrated portal will offer Kotak Bank customers comprehensive digital
banking and value-added services across all products, including trade &
services, account services, payments, and collections.
Kotak
fyn’s single platform reduces complexity and friction for customers. It
eliminates the need for multiple logins and disparate user interfaces, making
all trade and service transactions seamless and convenient for customers. Kotak
fyn portal assures paperless transactions and the facility to unify data across
multiple product-specific portals and back-office systems to create a single
view of transactions, positions and balances, enabling self-service and driving
operational efficiency. The data is presented via persona-based dashboards,
with insightful widgets and the ability for users to tailor their experience.
KVS
Manian, Whole time Director, Kotak Mahindra Bank said, “In today’s digital age
we recognised that customers are in constant search for quick, agile and
seamless banking. In our endeavour to offer superior banking experience we now
introduce Kotak fyn, one stop digital platform that will take care of all your
business-banking needs. We at Kotak truly believe that digital is the way
forward, and with fyn, we are proud to not only embrace but promote the wave of
digitization across the country.”
Paritosh
Kashyap, President & Head Wholesale Banking, Kotak Mahindra Bank said,
“Kotak fyn will be a game changer. fyn’s innovative user interface with several
industry-leading features will further provide superior banking experience for
our corporate customers. Kotak has always been at the forefront of implementing
best-in-class digital interventions in our offerings. With the launch of fyn,
we have tried to enhance the customer’s experience through multiple features
across the banking journey under a unified platform.”
Shekhar
Bhandari, President-Global Transaction Banking, Kotak Mahindra Bank said, “fyn
is intuitive, easy-to-use, comprehensive, and integrated offering to our
enterprise customers. It allows all our customers a universal access across
Trade, Collections, Account Services, Loans and Payments through all channels
like Mobile, API and web enabling a seamless customer experience. fyn is “For
Your Needs” and a future ready portal designed to reduce complexity and
friction for our customers and provide a truly differentiated user experience”.