IT Solutions for Banking & Finance

In a sector where trust is currency, your bank’s technology must be secure, efficient, and customer-centric. With the right tech stack, Rapidsoft delivers a suite of powerful IT solutions that make banking ready for the four main pillars of doing business: fast, scalable, secure and transparent. Automate 90% of repetitive back-office tasks, offer personalised services to HNIs, and let AI communicate on your behalf. Let's make banking faster and safer together. Call now!

Banking & Finance Industry Major Challenges That Demand Smarter IT Solutions

banking and finance challanges
Running a financial institution isn't easy. Banks face growing pressure from compliance rules, fraud risks, and rising customer expectations. Outdated software, manual reconciliations, and scattered digital systems make matters worse. Rapidsoft puts expertise in one place and tackles big BFSI pain points like these:
  • The increasing number of frauds. Fading trust.
  • Struggle to identify high-value clients in messy systems
  • Difficulty in workforce, payroll, and compliance management
  • No single view across transaction sources for reconciliation
  • Customers seek quick answers and personalised interactions
  • Driver and cash van safety lacks live monitoring on sensitive routes

Our IT Solutions for Banking & Finance Industry

At Rapidsoft, we combine AI/ML, blockchain, microservices architecture, and deep domain expertise to build secure and scalable solutions that integrate seamlessly with your core banking systems. Here’s what we bring for you:
multilingual chatbot
AI-Powered Multilingual Chatbot
Provide customer support 24/7. Our multilingual, AI-powered chatbot offers a multi-channel solution that can answer all banking-related customer queries, from balance enquiries to account opening assistance just like SBI’s Sia bot. Train this bot with your bank's products, services, and policies, and then let it become your virtual assistant that reduces customer response time by 70 to 90 per cent. Built with GenAI for auto-learning responses and integrated with your existing banking ecosystem, it offers a smart, one-stop solution for customer engagement.
HNI Customer Facial Recognition System
Deliver a truly superior experience to your high-value clients. Our AI-based facial recognition system identifies HNI customers the moment they enter a branch. It instantly generates a personalised report and alerts relationship managers, enabling them to offer relevant products and services, such as investment schemes or insurance, proactively. Transforms customer service from reactive to predictive, enhances loyalty, and creates new revenue opportunities.
facial recognition system
reconciliation solution
Reconciliation Solution
With lakhs of ATM, POS, and card transactions every day, banks need error-free reconciliations. This automated reconciliation platform is built using blockchain and other latest technologies, which means security and scalability are assured. Now reconcile lakhs of transactions per day from multiple sources, including ATMs, POS terminals, and digital payments, along with exception handling and accurate settlements. Further, integrate the system with your Core Banking System (CBS) to get every piece of information in front of your eyes.
HRMS and Payroll System
Recruitment, onboarding, attendance, leave, payroll, and performance and compliance – how about if one system can do it all? Rapidsoft developed comprehensive HR and payroll software that is specifically for the BFSI sector. Let this reliable system handle complex payroll processing as per government and IDA pay scales. Set the salary structure once and process payroll every month. Bring in automatic calculation of arrears, allowances, tax deductions, incentive management, and yearly salary hikes. With the Employee Self-Service (ESS) portal, you get 90% of administrative tasks from the employee side, answer queries, and build a dispute-free workplace.
hr and payroll software industry
gps tracker for cash vans
Certified GPS Tracker for Cash Vans
Cash vans need live GPS, geofencing, and route watch with emergency support to meet RBI and security norms for safe movement and faster response. The tracker logs trips, speed, halts, and panic alerts and creates reports that help audits and reduce risk for ATM replenishment and branch runs. AIS-140-compatible devices add certified hardware, SOS button support, and government platform integration for reliable, real‑time visibility. Built for Indian roads and rules, this keeps cash-in-transit accountable and compliant from depot to destination.

Why Trust Rapidsoft?

We have delivered regulated, mission-critical systems in BFSI and public programmes, so security, uptime, and audit come built-in along with practical rollout plans aligned to Indian conditions. Choose Rapidsoft for:
Proven expertise with SBI and other PSUs
AI and ML-driven banking platforms
PCI-DSS and compliance-ready solutions
Exportable MIS for audits & compliances
24x7 support with quick deployment cycles
Omnichannel AI and ML experiences

Modernise Your Bank for the Digital Age

Banks and financial organisations across India are modernising with AI, blockchain, and IoT technologies. They are serving superior customer experiences through AI chatbots, automated reconciliation, HNI identification for personalised services, and next-gen payment rails. So why run on legacy tools when you can automate core banking systems with an affordable investment? Contact Rapidsoft today and build the future of banking.

Frequently Asked Questions

Rapidsoft develops multilingual, AI-powered chatbots that support all major languages of India for local support. Can be integrated into the bank's websites, mobile apps or internal systems just like SBI's Sia.

Yes, it is designed with controlled access, audit logs, and privacy safeguards so HNI recognition triggers relationship workflows while respecting RBI guidelines, bank policy, and customer consent.

The core banking system runs financial institutions. It manages accounts, transactions, and loans and enforces rules. It supports banks, NBFCs, and other financial firms.

We handle ATM, POS, and GL reconciliation with strong exception management. You get exportable MIS reports that follow PCI-DSS. Our system fully complies with RBI guidelines.

Yes. Our cloud-based HRMS has different modules to serve the bank's different needs. Don't worry if you have some unique requirement. We will customise HRMS exactly as you demand.

Frequently Asked Questions

Q1. Which channels and languages does the multilingual chatbot support?

Rapidsoft develops multilingual, AI-powered chatbots that support all major languages of India for local support. Can be integrated into the bank's websites, mobile apps or internal systems just like SBI's Sia.

industy faq img
01
02
03
04
05

Contact Us

Looking for a trusted technology partner?
Take your first step to
success with a simple form!

We're one call away.
Speak with an Expert
Let’s connect! Enter your info and explore the value we can bring to your transformation journey.
Please Enter Full Name.
Please Enter a Valid Phone Number.
Please Enter a Valid Email ID.
Please Leave a message here.
No Spam. Sensible Market Emails Only. We Promise!