ESAF ties up with FIS for micro finance bank – Feedback

One of the largest microfinance providers in India, ESAF, has selected FIS, a global leader in financial services technology, to power the launch of its small finance bank.

ESAF Small Finance Bank was created to serve micro- and small-credit needs for women in parts of India where there is little bank representation. FIS will serve as the bank’s technology partner as it opens with branches in ten states across India, FIS will provide a fully integrated banking and payments platform through a totally outsourced delivery model, which encompasses core banking channels, risk management, treasury, analytics and the entire suite of payments services that includes switching, debit card management services and ATM management.

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