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Interest based income is a key revenue generator for banks. Customers deposit their money with banks and are compensated via interest on the deposit. This money is then used by the bank for offering loans at higher lending rates. The balance between the deposit interest rate and the loan interest rate is the profit for the bank. With interest rates soaring, banks are finding it difficult to attract and retain customers. Retail customers are directly affected by the increasing rates and are...
Banking is not just ‘one’ industry anymore. With ecosystem-driven business models and the API economy on the rise, Banking-as-a-Service (BaaS) has paved...
Customers can be made feel more valued using pricing. Discover how relationship-based pricing can be a strategic...
Interest based income is a key revenue generator for banks. Customers deposit their money with banks and are compensated via interest on the deposit. This money is then used by the bank for offering loans at higher lending rates. The balance between the deposit interest rate and the loan interest rate is the profit for the bank. With interest rates soaring, banks are finding it difficult to attract and retain customers. Retail customers are directly affected by the increasing rates and are...
Small and medium businesses (SMB) play a vital role in driving regional and global economy as well as employment.
For decades, banks have provided their corporate and retail customers with several services. So why is there so much buzz around Banking-as-a-Service (“BaaS”) now?
SunTec works very closely with systems integrators who provide value added services to our customers. Our systems integrators have certified resources who design custom solutions based on the award winning SunTec Xelerate platform and help deploy and manage the same for our customers.
SunTec has deep relationships with consulting partners to enable our customers shape future strategy towards disruption and competitive advantage. Our consulting partners, with their deep understanding of SunTec Xelerate, are able to effectively help customers navigate towards exponential revenue growth by leveraging the SunTec Xelerate platform.
SunTec has a large ecosystem of ISV & cloud partners who add business and technology functionality to SunTec Xelerate. These partners bring tremendous complementary value to our customers who are using or are actively considering SunTec Xelerate for their billing and revenue solutions.