Aurionpro Solutions Limited has won a multi-year transaction banking contract from a major public sector bank in India, according to regulatory filings. The mandate represents a significant addition to the company’s banking technology order book and further strengthens its role in large-scale digital transformation initiatives across the domestic banking sector.
Details of the Transaction Banking Engagement
Under the agreement, Aurionpro will deploy its next-generation cash management platform for one of the country’s largest public sector banks. The scope of the engagement includes software licensing, system implementation and a long-term annual maintenance contract. The project is aimed at modernising the bank’s cash management infrastructure and enhancing its transaction banking capabilities in a rapidly evolving digital environment.
Commenting on the development, Ashish Rai, Group Chief Executive Officer of Aurionpro Solutions, said the partnership reflects the continued confidence that large Indian banks place in Aurionpro’s AI-native transaction banking platforms and in the country’s leadership in digital banking innovation.
Technology Platform and Features
The bank will implement Aurionpro’s iCashpro platform, which is designed to deliver an integrated digital experience across a wide range of transaction banking services. The platform covers payments, collections, liquidity management, mandates, virtual accounts, reconciliation, government business and real-time reporting.
iCashpro is powered by AurionAI, Aurionpro’s enterprise artificial intelligence platform. AurionAI enables advanced analytics, cash-flow forecasting, AI and machine learning–driven recommendations, and proactive insights derived from customer behaviour, transaction trends and account balances.
Integration of Escrow Capabilities
The solution also incorporates escrow management functionality through Fintra, highlighting the integration of capabilities following Aurionpro’s recent acquisition. This addition expands the platform’s scope in handling complex transaction banking and cash management requirements.
Summary
Aurionpro Solutions has secured a multi-year transaction banking mandate from a leading public sector bank in India. The contract includes licensing, implementation and long-term maintenance of the iCashpro cash management platform, powered by AurionAI. The engagement supports the bank’s efforts to modernise its transaction banking operations and reinforces Aurionpro’s position in large-scale digital banking transformation projects.
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