Bank of Baroda (Bank), one of India’s leading public sector banks, today announced the launch of the Baroda mDigiNext mobile app, a dedicated cash management services app for the Bank’s corporate customers using Baroda Cash Management Services (BCMS). This makes Bank of Baroda amongst the few banks in India to introduce an app exclusively to service corporates’ cash management needs. Offering a range of critical payment functionalities, the Baroda mDigiNext mobile app aims to transform how businesses manage their working capital and cash flows, bringing in greater efficiencies and facilitating faster execution and ease of operations.
The state-of-the-art Baroda mDigiNext mobile app is designed to streamline cash management operations and workflows for corporates. It provides customers with on-the-go 24×7 access to essential and advanced financial tools empowering corporates to make swift and informed financial decisions anytime, anywhere.
Commenting on the launch, Shri Debadatta Chand, Managing Director & CEO, Bank of Baroda said, “With the launch of the Baroda mDigiNext mobile app for corporate customers, we are setting a new experience for corporate clients in cash management and banking services. The app combines a user-friendly interface, advanced tools and capabilities, coupled with seamless execution, delivering rich insights to our customers that will help them stay agile in a competitive business landscape”.
Shri Lalit Tyagi, Executive Director, Bank of Baroda said, “The launch of the Baroda mDigiNext mobile app marks a significant milestone in the evolution of cash management services, reaffirming our commitment to delivering innovative, future-ready digital solutions. As a trusted banking partner for corporate customers in India, this app will further enhance convenience, efficiency, and control over cash flow management for our corporate clients.”
The Baroda mDigiNext mobile app offers a host of functionalities & features, including:
- Creation and authorization of one-to-one transactions
- Authorising and rejecting bulk uploads
- End-to-end transaction and workflow tracking
- Raising real-time enquiries on transaction status
- Accessing account summaries and mini-statements
- Viewing a consolidated dashboard of all group entities
- Enhanced security with OTP verification and 3-Factor Authentication
The Baroda mDigiNext mobile app is currently available on Android and will soon be available on iOS.
About Bank of Baroda
Founded on 20th July, 1908 by Sir Maharaja Sayajirao Gaekwad III, Bank of Baroda is one of the leading commercial banks in India. At 63.97% stake, it is majorly owned by the Government of India. The Bank serves its global customer base of over ~165 million through around 60,000 touch points spread across 17 countries in five continents and through its various digital banking platforms, which provide all banking products and services in a seamless and hassle-free manner. The Bank’s vision matches the aspirations of its diverse clientele base and seeks to instil a sense of trust and security in all their dealings with the Bank.
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