Polaris Financial Technology, consumer banking division announced the launch of its Intellect Digital Branch solution. The world's first app based integrated sales, services & teller platform for branches will enable banks simplify banking with faster execution and effective engagement at a lower cost.

Jaideep Billa, CEO, global consumer banking division, Polaris Financial Technology said, "The primary challenge facing banks today is to simplify banking and become the principal banker of the customer in the maze of multiple relationships held with different banks for various products. Powered by features such as 360-degree view of the client, service case resolution and role-based app Canvas, Digital Branch allows banks to capture the most out of every interaction, drive same experience across all touch points and simplify banking for their customers." 

It is vital for Banks to provide easy, seamless channel experience to these new age customers to drive higher levels of engagement and revenue growth. Designed in FT 8012, the world’s first Financial Technology design center, Intellect Digital Branch can enable the digital transition of any bank with its comprehensive suite of apps. In fact, just 38 key apps of the Digital Branch solution are sufficient to fully support any profitable retail branch for the bank.

Shares of the company declined Rs 7, or 2.73%, to settle at Rs 249.85. The total volume of shares traded was 558,912 at the BSE (Wednesday).