Bank of Baroda has launched Baroda mDigiNext mobile app, a cash management services app for the bank’s corporate customers using Baroda Cash Management Services (BCMS). 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 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, Debadatta Chand, Managing Director (MD) and Chief Executive Officer (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 to stay agile in a competitive business landscape.”
The app offers a host of functionalities and features like creation and authorisation 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.
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 app is currently available on Android, and will soon be available on iOS.
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