Mumbai, 400 010,
India
Kokan Mercantile Co-Operative Bank Technographics
Kokan Mercantile Co-Operative Bank Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Kokan Mercantile Co-Operative Bank and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 80 Kokan Mercantile Co-Operative Bank employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Kokan Mercantile Co-Operative Bank has purchased the following applications: Finacus FinAePS for Payment Processing in 2024 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Kokan Mercantile Co-Operative Bank is running and its propensity to invest more and deepen its relationship with Finacus or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Kokan Mercantile Co-Operative Bank revenues, which have grown to $8.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Kokan Mercantile Co-Operative Bank intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
Kokan Mercantile Co-Operative Bank Tech Stack and Enterprise Applications
ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Finacus | Legacy | Finacus FinAePS | Payment Processing | ERP Financial Management | n/a | 2024 | 2024 |
In 2024, Kokan Mercantile Co-Operative Bank deployed Finacus FinAePS as a Payment Processing application. APK metadata from the bank's mobile banking app indicates Finacus involvement, and the implementation aligns with the bank's retail payments footprint in Maharashtra where it offers IMPS, BBPS and other retail payment services.
Finacus FinAePS is implemented as a mobile agent and biometric payment stack to enable Aadhaar based biometric authentication and last mile deposits and withdrawals via agent mobile applications. Functional capabilities inferred from the signal include biometric capture and verification, agent onboarding, transaction orchestration for cash in and cash out, and retail payment processing workflows consistent with Payment Processing systems. The deployment is oriented to the bank's rural and coastal branch network to extend agent banking coverage, and the solution complements existing IMPS and BBPS channels. Observed governance and operational signals include mobile app provisioning, agent identity and consent workflows, and transaction control workflows for agent initiated payments.
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IT Decision Makers and Key Stakeholders at Kokan Mercantile Co-Operative Bank
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Apps Being Evaluated by Kokan Mercantile Co-Operative Bank Executives
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