IFTAS, is a not-for profit FinTech organization, focussed and committed to extend the benefits of cutting-edge technologies to the close knit financial community and furthering the cause of financial Inclusion.
IFTAS owns and manages Indian Banking Community Cloud (IBCC), a specialised and niche community cloud for the banking and financial sector. IFTAS Cloud is focused on providing one-stop, integrated Fintech Solutions to banks and financial institutions in India through ‘Cloud’ technology
IFTAS plays a major role in automating the functioning of PACS (Primary Agricultural Cooperative Societies), which serves the bottom-of-the-pyramid enabler for Financial Inclusion.
IFTAS also manages India’s largest and critical payment system & the underlying Payment System network connecting all of India’s financial institutions.
IFTAS continuously engages with the Cooperative Banks in multiple states across India, to educate, spread awareness and push multiple digital payments channels adoption & proliferation.
IFTAS with the partnership of MIFOS will fulfill the agenda of Financial Inclusion by bringing the affordable financial services, customizable to the end-user need, readily accessible through use of innovative technologies, a bankable support platform in providing the necessary tools & training, scalable & sustainable for effective delivery of digital Financial Service.
3 year Goals – Practise, Promulgate, Deliver the Digital Financial Service & enrich the ecosystem of the Financial Institutions aiding the bottom of the pyramid.