respectable but today newage digitalonly providers are operating at nearly half of that says vijayakumarfinacles solutions address the core banking lending digital engagement payments cash management wealth management treasury analytics ai and blockchain requirements of financial institutions the platforms architecture also offers an extensive suite of open apis along with api management tools to enable ecosystem innovations today banks in over 100 countries rely on finacle to help more than a billion people and millions of businesses to save pay borrow and invest better vijayakumar saysoracle acquired iflex solutions one of indias first product companies in 2006 today its banking products include everything from antimoney laundering and financial crime compliance risk and finance retail banking under which falls their cbs and many more vikram gupta group vp of banking engineering at oracle financial services software says flexcube has helped banks around the globe jumpstart their digital transformation even airtel has used flexcube to launch its digital payment bank in india and nigeria flexcube has enabled airtel to add millions of banking customers monthonmonth customers can open deposit accounts in minutes says guptaoracle financial services serves over 700 customers in 140 countries its solutions cover 15 of the worlds population we manage risk for 24 out of 30 global sifis systemically important financial institutions gupta says