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FinOS

Brand: FinOS

  • 4.1

  • 3 Ratings

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FinOS Software Overview

FinOS Company Details

Founded Year:  2018

Every bank or fintech needs a core banking software to manage their daily operations. FinOS offers the next-generation Cloud Core Banking Platform with Open Banking API capabilities.

Director/Founders Michael Kelly
Company Size 101-500 Employees

FinOS Pricing & Plans

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FinOS Features

  • icon_check Savings Management
    Handles customer savings accounts with balance updates, interest accrual, and transaction records.
  • icon_check Deposits Management
    Processes deposits and withdrawals for varied deposit types with accurate ledger posting.
  • icon_check Loan Management
    Full loan lifecycle support including origination, disbursal, repayment, and charge handling.
  • icon_check Fixed Deposits Processing
    Supports fixed deposit product creation, maturity handling, and interest application.
  • icon_check Shares Management
    Records and tracks customer shares investments with transaction and valuation history
  • icon_check Regulatory Reporting
    Generates reports to satisfy compliance requirements and statutory reporting obligations.
  • icon_check Transaction Processing Engine
    Processes all banking transactions securely with real-time ledger updates.
  • icon_check Open Banking APIs
    Standard APIs support integration with third-party financial services and digital channels
  • icon_check Composable Credit Engine
    Modular lending engine that can be assembled for tailored credit products.
  • icon_check Agent Banking Operations
    Supports field agent activities including loan origination and collections offline/online.
  • icon_check Internet Banking Integration
    Connects core platform to online banking interfaces for account access and funds transfer.
  • icon_check Mobile Banking Integration
    Enables mobile access to core functions like payments, balances, loans, and deposits.
  • icon_check Payment Banking Processing
    Handles payment transactions including bill pay and remittances through core engine.
  • icon_check Card Transaction Monitoring
    Tracks card transactions and feeds data back into the core ledger.
  • icon_check Role-Based Access Control (RBAC)
    Core supports multiple roles with defined permissions for operational segregation.
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FinOS Specifications

Supported Platforms
Ubuntu Ubuntu Windows Windows MacOS MacOS Linux Linux
Devices
Desktop Desktop
Deployment
Cloud-Based Cloud-Based
Suitable For
Financial Institutions
Business Specific
Banking
Business Size
Small Business Startups Medium Business Enterprises SMBs SMEs MSMBs MSMEs
Customer Support
Phone Email Communities
Language
English
Integration
API Integration
Training Resources
Videos
Technology
Next Generation

FinOS Review

4.1

Out of 5

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Overall Rating

Based on
3 Verified Ratings

Rating Breakdown

  • Features 4.6
  • Value for Money 4
  • Ease of Use 3.8
  • Customer Support 4

80% Recommend this Product

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Terms and Condtions

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Users with registered businesses can purchase goods from merchants on the platform to satisfy their business needs. Users are not permitted to utilize any products acquired through the platform for resale, advertising, business, or further distribution.

For each purchase made, users will receive a Tax Invoice (or 'GST invoice') that includes specific details such as:

  • the GSTIN of the user associated with their registered business, and

  • the specified Entity Name for their business.

It should be noted that not all products are eligible for GST Invoice. Only the products displayed by participating sellers with the 'GST-based Invoice Available' callout on the product description page would qualify.

Certain goods and services are not eligible to get a GST Invoice, including items with VAS, i.e., Value Added Services (e.g., Total Mobile Protection/Assured Buyback) and those involving an exchange offer at the time of purchase.

Users must ensure the accuracy of the GSTIN, and business entity name provided for the GST Invoice. Requests for corrections into GST Invoice would not be accommodated by Techjockey.com or any Seller, and any issues arising from user-provided information are the sole responsibility of users.

Techjockey.com is not liable for the GST Invoice or any associated input tax credit. To efficiently claim an input tax credit, users should select the registered place of business address as per the GST authority's data and follow the provisions of the GST Act and rules.

To claim an input tax credit, the delivery and billing addresses must match. Furthermore, input tax credits will not be granted if the delivery address and GSTIN on the invoice are from different states. In case of incorrect GST details provided during the order placement, the order will be canceled automatically.

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