HNB Finance partners with Kiya.ai to upgrade Core Banking System

HNB Finance has announced its strategic partnership with Kiya.ai, a global leader in digital financial solutions, to implement a futuristic digital core banking system. 

This transformative upgrade is set to revolutionize HNB Finance’s operations, enhance customer experience, and drive digitalization across all touch points.

Kiya.ai’s Digital Core Banking Solution is a secure, cloud-native platform designed to help organizations adapt to the evolving industry. It is highly parameterized and scalable, allowing for the creation of new products without typically requiring code. 

The solution consolidates and centralizes an organization’s various branches onto a single platform, which streamlines operations, improves operational efficiency, and enhances service delivery. Kiya.ai’s Digital Core Banking Solution also incorporates AI, ML, and bots to assist organizations in providing contextual services and tailored offerings to different customer segments.

The upgrade focuses on improving efficiency and customer service by facilitating digitalization, automation, and faster turnaround times. It will also enhance operational security with advanced system controls, while ensuring regulatory compliance and data integrity. 

“Through the implementation of the new core banking system, HNB Finance will offer its customers a more streamlined and efficient digital banking services. The platform will facilitate seamless access to a comprehensive suite of financial solutions, from onboarding to loan disbursement, all delivered through this integrated digital platform,” Kanchana Jayasekara, Chief Information Officer of HNB Finance stated.

The Hnb Finance Core Banking Solution also supports automated transaction management, microfinance capabilities, in addition to being compliant with financial industry standards.