Monthly Update6 Jan 2026, 05:01 pm
Fino Payments Bank Ltd to Migrate Core Banking System to Finacle for Enhanced Efficiency and Customer Experience
AI Summary
Fino Payments Bank Ltd has announced the implementation of a new next-generation Core Banking System, Finacle, as part of its digital transformation programme. The new system will serve as the Bank’s digital backbone, enhancing operational efficiency, system resilience, and scalability. It will also support the introduction of new product features, faster time-to-market, and improved service delivery across all customer touchpoints. The migration activity is planned from January 08, 2026 (10:00 PM) to January 10, 2026 (11:59 PM), during which all banking services will not be available. The Bank is informing its customers about the same to enable them to plan accordingly.
Key Highlights
- Fino Payments Bank Ltd to migrate to a new Core Banking System, Finacle, for enhanced operational efficiency and customer experience.
- The new system will serve as the Bank’s digital backbone, improving scalability and system resilience.
- It will support the introduction of new product features and faster time-to-market.
- The migration will take place from January 08, 2026 (10:00 PM) to January 10, 2026 (11:59 PM), during which all banking services will not be available.
- The Bank is informing its customers about the migration to enable them to plan accordingly.