Core Banking Systems

Core Banking Systems

Who we serve!

Savings & Loan Society (Credit Union)

Member-centric solutions with savings, loans, interest calculations, deductions, and reporting.

What types of financial institutions does Melens Solutions serve with its fintech services?

We work with:

  • Savings and Loan Societies (S&Ls)

  • Credit Unions

  • Finance Companies

  • Microfinance institutions

  • Cooperative banking groups

Our solutions are tailored to the operational and regulatory requirements of Papua New Guinea’s financial sector.

What is a Core Banking System, and why do I need one?

A Core Banking System (CBS) is the central software that manages all banking operations, including:

  • Member/customer records

  • Loan processing

  • Savings and deposits

  • Account balances

  • Interest calculations

  • Reporting and audits

A CBS enables automation, accuracy, and scalability, allowing your financial institution to operate efficiently, securely, and in compliance with regulations.

Is your core banking system designed for PNG conditions?

Yes. Our system is locally customized to handle:

  • Payroll deductions (common in PNG S&Ls)

  • Offline or intermittent internet access

  • Regulatory reporting for the Bank of Papua New Guinea

  • Mobile data access for field officers or rural branches

  • Multiple branch operations under one system

Can your core banking system integrate with mobile and online banking platforms?

Absolutely. We offer:

  • Mobile app integration (Android/iOS)

  • Online banking portals for members

  • USSD or SMS alerts for balance inquiries and transactions

  • Two-factor authentication (2FA) for added security

Do you offer custom modules or features based on our society’s needs?

Yes. We offer modular solutions, meaning you can choose or request:

  • Loan types with flexible repayment logic

  • Dividend distribution tools

  • Member ID card generation

  • Bulk member import (for migrations)

  • Integration with payroll systems or accounting software

What support do you provide after system deployment?

We offer:

  • Ongoing technical support

  • Remote and on-site troubleshooting

  • Training for staff and administrators

  • System updates and patches

  • 24/7 critical support availability for high-priority issues

Is your software secure and compliant?

Yes. We follow international best practices in software development and cybersecurity:

  • Encrypted databases and connections (SSL/TLS)

  • Role-based access controls (RBAC)

  • Automated backups and disaster recovery planning

  • Compliance with Bank of PNG audit requirements

How long does it take to implement a core banking system?

Typical implementation time is 4–10 weeks, depending on:

  • Size of your member base

  • Data migration complexity

  • Customization needs

  • Staff training scope

We conduct the project in phases, including planning, setup, testing, training, and go-live.

Finance Companies

Trusted fintech systems and cybersecurity solutions tailored for the PNG finance sector.

Can you migrate data from our old or manual system?

Yes. We specialize in data migration from:

  • Excel spreadsheets

  • Legacy systems

  • In-house or manual databases

We clean, verify, and securely import your existing records with minimal disruption.

What if we have multiple branches? Will the system support it?

Yes. Our core banking system supports:

  • Multi-branch operations

  • Real-time data sharing between branches

  • Role-specific permissions per location

  • Consolidated reporting and audit trails

Branches can operate with central or decentralized access, even in areas with limited connectivity.

Yes. Our core banking system supports:

  • Multi-branch operations

  • Real-time data sharing between branches

  • Role-specific permissions per location

  • Consolidated reporting and audit trails

Branches can operate with central or decentralized access, even in areas with limited connectivity.

What hardware or infrastructure is required?

We offer:

  • On-premise hosting: Requires a server, secure network, and backup power

  • Cloud hosting (optional): Lower setup cost, maintained off-site
    We will assess your location and recommend the best setup.

Do you help with training and onboarding our staff?

Yes. Every implementation includes:

  • Hands-on system training

  • PDF/printable user manuals

  • Role-based sessions (e.g., teller, supervisor, manager)

  • Refresher training post-launch

How much does it cost to get started?

Pricing depends on:

  • Number of members/accounts

  • Features and custom modules

  • Hosting preference (cloud vs on-premise)

We provide a free consultation and detailed quote with no obligation.

Do you offer ongoing consultancy and compliance support?

Yes. We offer advisory services to help you:

  • Prepare for audits (e.g., Bank of PNG)

  • Implement compliance processes

  • Manage IT and cybersecurity risks

Why choose Melens Solutions instead of overseas vendors?

  • We understand PNG’s unique needs—from payroll deduction logic to connectivity challenges

  • We offer local support and fast response times

  • Our pricing is more affordable and flexible

  • We’re committed to long-term relationships, not just installations

Can small businesses and NGOs afford your services?

Absolutely. We offer cost-effective packages for SMEs and nonprofits with scalable website development, managed IT support, and affordable cybersecurity solutions. Whether you’re launching your first website or digitizing internal processes, we offer flexible pricing that fits your budget.