- Monetary providers agency PwC and tech big Microsoft are leveraging digital banking options supplier FintechOS to create a digital banking resolution.
- The group goals to assist banks adapt and modernize their operations to suit into the digital-first period.
- “This may drive a large enchancment in time-to-value, and the extensibility of digital banking development and growth,” mentioned PwC Associate Akhilesh Khera.
Within the fintech trade, third celebration partnerships are king. So it’s not shocking to see the information that monetary providers agency PwC and tech big Microsoft are tapping into the experience of digital banking options supplier FintechOS.
The trio introduced their partnership, which can leverage FintechOS’ experience, PwC’s digital banking prowess, and Microsoft’s Cloud for Monetary Providers know-how to create a digital banking resolution aimed toward serving to monetary establishments adapt and modernize their operations to suit into the digital-first period.
For its half, FintechOS will probably be essential in offering banking and funding, buyer administration, and integration and orchestration providers. “We’re delighted to be taking part in a key position on this ground-breaking initiative, because it demonstrates each the market-leading functionality of our high-productivity fintech infrastructure and the power of our relationship with PwC,” mentioned FintechOS VP of Ecosystem Gross sales at EMEA Todi Pruteanu. “We’re excited in regards to the alternative to work intently with and actively help PwC as this proposition revolutionizes banking throughout the globe.”
PwC Associate Akhilesh Khera mentioned that the agency chosen FintechOS for the corporate’s high-productivity infrastructure. “This may drive a large enchancment in time-to-value, and the extensibility of digital banking development and growth,” defined Khera.
U.Okay.-based FintechOS was based in 2017 to assist corporations shortly launch and handle services and products throughout lending, financial savings, insurance coverage, funding, and embedded finance. By serving to monetary providers corporations substitute their core banking infrastructure operations, FintechOS additionally helps corporations cut back prices, modernize operations, and deploy trendy buyer journeys that meet right now’s commonplace expectations of nice buyer expertise.
In March of this 12 months, FintechOS launched a pair of accelerators to assist monetary establishments help their small enterprise purchasers. Earlier this month, the corporate unveiled its spring launch, which contained a digital retail mortgage and BNPL options. FintechOS demoed Sunglow, a banking tremendous app at FinovateFall 2021. Teo Blidarus is co-founder and CEO.
Picture by Miriam Espacio