Magazine Button
Leading digital bank Tinkoff selects Finastra to power expansion into Asia

Leading digital bank Tinkoff selects Finastra to power expansion into Asia

Banking & FinanceCloudPhilippinesTop Stories

Tinkoff, one of the world’s largest digital-only banks serving over 18.5 million customers, has selected Finastra’s Fusion Essence Cloud core banking solution to power its planned expansion into the Philippines.

Finastra’s next-generation, cloud-native system will enable Tinkoff to bring a powerful new offering to market quickly and support rapid customer acquisition, while maintaining compliance with local regulations.

“To bring our award-winning digital banking services to the Philippines we needed to find a partner that could help us launch quickly, enable rapid growth and help us to navigate the local requirements of a new market,” said George Chesakov, International Expansion Lead at Tinkoff. “Finastra’s cloud-native, open platform meets all these needs and we look forward to working together to build a revolutionary customer experience in the Philippines.”

Fusion Essence Cloud is a core banking system with fully digital end-to-end capabilities for all key banking services. With a rich catalog of open APIs and integration with Finastra’s app marketplace and developer platform, FusionFabric.cloud, Tinkoff will be able to integrate tools from hundreds of developers and build a system tailored to its requirements.

The comprehensive Software-as-a-Service (SaaS) offering includes upgrades, security, 24×7 infrastructure monitoring, incident management and Disaster Recovery services, meaning Tinkoff will be able to focus on its business goals.

Click below to share this article

Browse our latest issue

Intelligent CIO APAC

View Magazine Archive