ICICI Bank, 2022 Update - Enterprise Tech Ecosystem Series

ICICI Bank, 2022 Update - Enterprise Tech Ecosystem Series

Summary

ICICI Bank offers personal and corporate banking, investment banking, private banking, venture capital, life and non-life insurance, securities broking, and asset management services to corporate and retail clients, high net worth individuals, and SMEs. Key financial products include deposit accounts, investment products, and consumer and commercial cards. The bank also provides lending for commercial business requirements, automobiles, home purchases, and agricultural needs. Services offered by the bank also include foreign exchange, remittance, import and export financing, advisory, trade services, personal financial management, cash management, and wealth management. Based out of India, the bank has an operational presence in Europe, the Middle East, Africa, the Americas, and Asia.

This report provides insight into ICICI Bank's fintech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, and its estimated ICT budget.

Scope

• To support its digital transformation, the bank has adopted a 4D framework to enhance its goods, processes, and channels. This covers delivery with speed and accuracy; decongestion; digitization; and delivery with empathy.
• ICICI has introduced digital and technology solutions to strengthen its services while ensuring the safety of its customers and workforce amid the COVID-19 pandemic.
• ICICI is collaborating with fintech companies and ecommerce platforms to boost fintech capabilities. The bank has set up a startup investment and partnerships team that collaborates with startups and develops products aligned with its digital roadmap.

• Gain insight into ICICI Bank's fintech operations.
• Discover its fintech strategies and innovation initiatives.
• Learn about its product launches, partnerships, and investments.

Companies Mentioned

Infosys
Experian
TCS
Moneythor
Fingpay
Incremint
GyanDhan
TAQBit
Nanobi
Heckyl Technologies
iProov
Algofox
Idos
Credochain
Hylo Challenger Private Limited
Jarvis Invest
Gimbooks
Wealth Easy
Paymatrix
Zimyo
Phi Commerce Pvt Ltd
Paytm
HDFC
Kotak Mahindra
Axis Bank
JP Morgan
Infosys Finacle
Stellar
Westpac
Pine Labs
Open Financial Technologies
Marg ERP
WhatsApp
Truecaller
Signzy
Apple
Shivaami Cloud Services
Terainium
Zoho
ODRways
First Hive
ePayLater
BTI Payments
Fino Paytech
True Balance
SLO Technologies
Tapits Technologies
Avenues Payments
Arteria Technologies
MyClassboard Educational Solutions
CityCash
Thillais Analytical Solutions
IBBIC
Wipro