Yes Bank has announced a partnership with Microsoft to create a next-generation mobile application (app) designed to provide customers with a personalised banking experience.
As part of its commitment to leverage Microsoft’s Azure platform, Yes Bank will develop an app that will offer YES Bank customers a wide range of online banking services, including online payments, shopping, rewards, offers, as well as customized dashboards, in additional banking functions.
Using a cloud-native approach, the all-new app will run on Microsoft’s enterprise-grade cloud platform, and will support YES BANK in scaling up various services by bringing merchants and ecosystem partners on to a common platform. This will empower the Bank to cater to customers’ diverse financial needs across loans, payments, deposits, investments, cards and more.
According to Prashant Kumar, MD & CEO at YES BANK,
“We, at YES BANK, have always been in the forefront of leveraging technology to bring forth solutions that provide a differentiated banking experience. Our partnership with Microsoft is a testament to this effort, as we look forward to co-creating a proposition that will offer customers with the benefit of transacting, as well as undertaking a host of other activities on a common platform. We believe, the proposition will bring in the right mix of convenience and flexibility while being within the realms of a highly secured network of both YES BANK and Microsoft.”
Anant Maheshwari, President at Microsoft India said:
“YES BANK has been embracing the shift from traditional banking to creating personalized technology-driven customer experiences. Microsoft Azure enables YES BANK with secure and resilient architecture that helps them build new customer experiences.”