Fastbank - Digital Banking Solutions

Fastbank is Nepal based comprehensive Omnichannel Digital Banking Solution developed by Swift Technology. Fastbank is one of the leading Digital Banking Solution in Nepal allowing BFIs and end users to access banking services in real-time. Intuitive UI/UX and Omnichannel makes Fastbank one of the most convenient and best Mobile and Internet Banking platforms.

Consistent Customer Experience

Providing customers with a consistent digital experience with the same UI / UX across various banking channels.

Quick Bank Request

Some of the basics yet important features require the customer to stop by the bank’s branch and waste their personal time.

Protect Your Customer’s Data

Customer Data are highly protected and made secure across all channels.

Fastremit - Cross Border Remittance Solutions

Fast Remittance is an innovative Remittance software developed by young Nepali Engineers to enable the digital channel for customers to access Remittance Software.

Treasury Module

Based on the exchange rate and currency used by the partner, exchange treasury setup can be done considering the margin.

Send/Pay Cash payment

There is a feature to send and receive cash transactions using different channels: web and mobile application for customers and API for partners.

Agent Credit Margin

There is flexibility to set the different credit margins for each partner associated with the system.

Clients

Some of the business we have worked with

Digital Finance FAQ

We have answers to all your questions.
Fastbank is a comprehensive Omnichannel Digital Banking Solution Developed by Swift Technology to provide a new level of digital banking experience. The term 'Fastbank' refers to our product that addresses the customer’s banking needs on a real-time basis using various digital channels. With this innovative and highly secure solution, customers can get a consistent experience with the same UI / UX – irrespective of the channels used for the banking service. The adoption of Native mobile applications greatly improves the application reliability, increases customer satisfaction, and drives customer engagement with the bank. The exclusive use of Omnichannel banking solution that offers seamless and consistent interaction across various channels, with each channel complementing the others is the way to go forward and achieve long-term profitability.

Fastbank offers wide arrays of features that ease the banking needs of the customers in real-time. Customers can enjoy all the unique features as listed.

Single username and password for Mobile Banking, Internet Banking and across all the digital banking platforms

  • Single username and password for Mobile Banking, Internet Banking and across all the digital banking platforms
  • All QR Interoperability (SMART QR, FonePay QR, Union Pay QR, ALL EMV QR)
  • All kinds of Bill Payments (Mobile Top-up, TV, Internet, Electricity, Water, Landline, Government, Airlines, Credit Card, Capital Market, Cable Car, Data Package, Merchants)
  • Load to Wallet (IME Pay, Khalti, Q Pay, Moru, Prabhu Pay)
  • QR Withdrawal
  • Statement Request
  • Online Fixed Deposit
  • Loan Against Fixed Deposit
  • Online Account Opening
  • Cheque Book Request
  • Consistent UI/UX across all the platforms
  • Single Admin Control
  • Admin Management
  • Flexible Menu Control
  • Customer Management
  • Multi-Level Authentication

Swift Technology has extensive work experience in the field of the IT sector for over a decade now and has been able to deliver optimum solutions to clients as per their requirements. The company visions to create value through innovation, driven by the guiding principle of providing a solution to the financial challenges.

24/7 Support:
We have a dedicated team of experts who are always open to handle and maintain any kinds of queries.

Experienced Team:
The team members hold more than 10 years of experience in FinTech with a supreme understanding of Digital Banking, Cross Border Remittance System, Digital Wallet.

Local Development Support:
Our local development support team is available in Nepal, Malaysia, Japan and Korea

Diverse Skill Set:
Swift Technology provides a diverse skill set of resources who have comprehensive know-how on a product analysis, product development, infrastructure management, business analysis, query handling and after-sales support.

Pricing:
Our services are offered at the most lucrative prices.

Prompt Execution:
We follow the best practice and measures to promptly execute services within the scheduled timeframe.

There are many reasons why to choose products developed by Swift Technology. To be specific, have a look at our USPs.

Customizable
Solutions that are desired by our clients can be customized at any time. Our solutions highly depict the flexibility to the changing needs of the clients and the market as a whole.

Omnichannel Experience
Omnichannel experience is the emerging digital channels and non-digital channel process to offer a unified, seamless, effortless, high-quality customer experience. Any platform, web, mobile, iPad and many more can adapt the omnichannel experience.

High Scalability
The system operates seamlessly with any number of users, merchants, admins and stakeholders. You can explore the scalability, flexibility and reliability of our products with zero obstruction.

Dedicated Experts
Our team comprises of FinTech fanatics, desperate for research alongside a solution-driven attitude. The products developed by this team of experts cater not only to client solutions but drive the social upgrade through innovation as well.

Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a mobile device such as a smartphone or tablet. Unlike the related internet banking it uses software, usually called an app, provided by the financial institution for the purpose. Mobile banking is usually available on a 24-hour basis. Some financial institutions have restrictions on which accounts may be accessed through mobile banking, as well as a limit on the amount that can be transacted. Mobile banking is dependent on the availability of an internet or data connection to the mobile device. wikipedia..

A digital wallet also known as "e-Wallet" is an electronic device, online service, or software program that allows one party to make electronic transactions with another party bartering digital currency units for goods and services. This can include purchasing items on-line with a computer or using a smartphone to purchase something at a store.

Money can be deposited in the digital wallet prior to any transactions or, in other cases, an individual's bank account can be linked to the digital wallet. Users might also have their driver's license, health card, loyalty card(s) and other ID documents stored within the wallet. The credentials can be passed to a merchant's terminal wirelessly via near field communication (NFC). Increasingly, digital wallets are being made not just for basic financial transactions but to also authenticate the holder's credentials.

Digital wallets are being used more frequently among Asian countries as well. One in every five consumers in Asia are now using a digital wallet, representing a twofold increase from two years ago. A MasterCard mobile shopping survey among 8500 adults, aged 18–64 across 14 markets, showed that 45% of users in China, 36.7% of users in India and 23.3% of users in Singapore are the biggest adopters of digital wallets. The survey was conducted between October and December 2015. Further analysis showed that 48.5% of consumers in these regions made purchases using smartphones. Indian consumers are leading the way with 76.4% using a smartphone to make a purchase, which is a drastic increase of 29.3% from the previous year. This has inspired companies like Reliance and Amazon India to come out with their own digital wallet. Flipkart has already introduced its own digital wallet. wikipedia..

Nepal started its mobile banking lately in 2012. The first mobile banking in Nepal was launched by Laxmi Bank Limited, one of the commercial bank in Nepal, with its initial product called Mobile Khata. wikipedia..

Open banking is a financial services term as part of financial technology that refers to:

- The use of open APIs that enable third-party developers to build applications and services around the financial institution.
- Greater financial transparency options for account holders ranging from open data to private data.
-The use of open source technology to achieve the above.

Open banking, as a concept could be considered as a subspecies to the open innovation concept, a term promoted by Henry Chesbrough. It is linked to shifts in attitudes towards the issue of data ownership illustrated by regulations such as GDPR and concepts such as the open data movement. The banks turn into financial service platforms, technically implemented through a Banking as a Service-concept. wikipedia..

Swift Technology is a authorized bulk SMS solution and VAS Solutions provider for Nepal Telecom (NTC), Ncell and SmartCell. It allows you to connect through API or you can use our web portal to start Bulk SMS service .

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