Federal Bank has advanced its digital transformation with the successful launch of FedOne, powered by Nucleus Software’s FinnAxia platform. This collaboration modernizes the bank’s corporate banking services, enhancing value for corporate and SME clients.
The 10-month implementation process reflects both organizations’ commitment to innovation. With FinnAxia, Federal Bank aims to streamline processes, improve operational efficiency, and offer personalized, reliable financial solutions.
Shalini Warrier, Executive Director of Federal Bank, highlighted that the move strengthens their corporate banking capabilities, while Vishnu R. Dusad, Managing Director of Nucleus Software, emphasized the focus on delivering agile, customer-centric solutions.
Federal Bank Share price up 1.75% , Trading at 1057.00 Rupees per share