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FIS is the world’s largest global provider to the banking and payments industry. We serve more than 14,000 institutions in over 100 countries, including 9 of the top 10 global banks, and 40 of the top 50 banks. With more than 4 decades of experience providing software, services and outsourcing, FIS has been ranked #1 financial technology provider in the annual FinTech 100 ranking for the past 3 consecutive years. In Asia, FIS has a long track record of delivering to financial institutions of all sizes through our comprehensive range of solutions including core processing, commercial lending, card and merchant management, risk management, switching and ATM management. With a solid presence in India since 1997, FIS has been a strong local business partner for banks. Additionally, FIS is a key player in the total outsourced bank space and provides flexibility for new and co-operative banks. For more information, visit www.fisglobal.com.
Incorporated in 1990, the Company is a prominent system integrator and end-to-end technology intensive service provider by bringing together all hardware, software, networking, data center as well as on-ground skilled resources for various Mission Mode Projects with high national significance under National e-Governance Plan of India. Vakrangee has partnered with Nationalized Banks, Private Banks, Central government and State governments for successfully implementing these flagship projects that benefits every Indian.

Vakrangee has been the pioneer in changing the rural retail landscape in this country and will be setting up and running 50,000 plus Ultra Small Bank Branches for PSU banks with one bank-one panchayat model providing 33 banking services to the rural customers in their neighborhood with real time transaction like the urban bank branches. In addition, Vakrangee is providing insurance, pension and other financial products in addition to various G2C and B2C services under the same roof to make the Ultra Small Bank Branches more profitable.

Vakrangee has been granted license by Reserve Bank of India (RBI) for setting up minimum of 15,000 ATMs across the country in next three years. The White Label ATM business is a perfect strategic fit for Vakrangee’s current business of Rural Bank Branch Management wherein Brick and Mortar bank branches (As Common BC) being set up and run by Vakrangee for the PSU banks with real time banking transactions happening at these out-sourced PSU bank branches by seamless integration with the Core Banking Solution (CBS) of respective PSU Banks.

The Company has been part of indices like BSE 200, NSE CNX IT and MSCI Global Small Cap index. Vakrangee is also certified with CMMI Maturity Level 3, ISO 9001:2008, ISO 20000-1:2011 and ISO 27001:2005.
Union Bank has been actively pursuing the goal of financial Inclusion along with financial literacy and awareness as an important demand side driver of financial deepening and inclusive growth. UBI has built Financial Inclusion system duly supported by technology and processes to help millions of unbanked population to avail the formal banking facilities. Bank has built open system which uses all available technology platforms depending upon the customer need and geography. Bank has partnered with 8 Technology Service providers to offer the financial services to the customers. One side of spectrum we uses Biometric Smartcard based technology to Aadhaar Enabled Payment System to other side we uses the Mobile Banking System (Union Bank Money). Our only aim is to reach to the last mile. Bank has spread its reach by leveraging the combined strength of Bank, TSP and Business Correspondence. The service is driving financial inclusion by eliminating dependence on the physical presence of a branch.

Today we are serving 1.10 Crore customer having 230 Crore deposit and Rs.50 Crore credit facility. We are present in 18200 villages across country. Our Financial Inclusion vision is not limited to rural areas only. Even at Urban centre, we have identified the need of formal banking channel particularly with migrant laborer. During last one year these customers have carried out 16.29 Lacs remittances transactions amounting to whopping Rs. 868 Crore.

The system and processes adopted by us has also shown that Technology platform deployed by Union Bank is best in the industry and capable of meeting future requirement in terms of capacity, products and features.
Partnership Opportunities
For Partnership Opportunities Please e-Mail to: partnership@et-financialinclusion.com
Conference Delegation
For Delegates Please e-Mail to: delegate@et-financialinclusion.com
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