Aurionpro secures multi-million dollar deal for corporate banking

24 Oct 2024 , 03:34 PM

Aurionpro Solutions Ltd. shares rose more than 3% in morning trading on Thursday, October 24, after the firm reported that it had secured a substantial multi-million-dollar contract from a leading bank for corporate banking services in South Asia.

Aurionpro announced in a stock exchange filing that it will supply its sophisticated transaction banking system, iCashpro+, to a large bank with operations in several South Asian countries.

This transaction, which follows Aurionpro’s previous triumphs in the Asian market, reinforces the company’s position as a chosen technology provider for advanced digital banking platforms.

Aurionpro Solutions informed the stock exchanges that the deployment of iCashpro+ will improve corporate banking services by facilitating digital payments, virtual accounts, and liquidity management for the bank’s customers.

According to Aurionpro Solutions, the iCashpro+ platform, which includes AI-powered analytics and real-time insights, seeks to simplify complicated cash management operations while increasing visibility and operating efficiency for the bank.

Aurionpro’s unique solutions are designed to meet the changing needs of corporate clients, assisting banks in maintaining their competitive edge in the financial services industry.

At around 3.25 PM, Aurionpro Solutions was trading 0.12% higher at ₹1,608.65 per piece, against the previous close of ₹1,606.70 on NSE. The counter touched an intraday high and low of ₹1,665, and ₹1,585.05, respectively.

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