Budapest-based IC Bank is to deploy i-flex Solutions' flagship core banking product Flexcube to streamline its retail banking operations.
The bank will use the Web-based platform for bills and collections, loans and deposits, foreign exchange and funds transfer services, among others.
Judit Kozak, operations general manager, IC Bank, says: "By deploying Flexcube we will be able to launch new products quickly while reducing operational costs and manual intervention."