Project Highlights
This project highlights the implementation of an online banking solution integrating various entities, including Customer, Accounts, Transactions, Payments, and Cards, within the Digital & Cloud Solutions sector. The bank in parallel implemented an Open Banking platform and Banking-as-a-Service (BaaS) initiative, aimed at enhancing its digital capabilities and expanding its customer ecosystem.
Benefits
- Accelerated digital transformation by implementing a comprehensive middleware solution that served the needs of online banking applications and Open Banking/Banking as a service platform.
- Dramatically improved processing speed for Paycheck Protection Program (PPP) loan applications.
- Enhanced operational efficiency and customer experience through API-led connectivity and microservices.
- Enabled rapid integration with fintech partners and expansion of the customer ecosystem.
- Established a secure, scalable platform for innovation and future growth.