Backbase, a leading omni-channel banking solution provider, has announced a strategic partnership with Mambu, a Berlin-based cloud banking platform, to jointly deliver a unique and powerful turnkey digital banking solution.
In the highly competitive banking industry, financial institutions are looking for ways to increase their speed of innovation and flexibility to offer seamless banking experiences that customers actually want. The outdated legacy infrastructures, however, are inflexible and costly to maintain – making it challenging for financial institutions to innovate, deliver and quickly adapt the products and services modern end users expect. The Backbase and Mambu partnership will help financial institutions of all sizes to break free from their legacy core and take back control. These new capabilities are pre-integrated, cloud-based and include turnkey applications, as well as a fully serviced platform.
This seamless and future-proof approach facilitates fast innovation and unparalleled flexibility that empowers financial institutions across the globe to deliver frictionless digital-first experiences and better meet the needs of today’s customers, who prefer experiences over products. Backbase’s and Mambu’s combined offering provides financial institutions with a fully integrated end-to-end cloud-native digital banking solution on an open and modern architecture. Financial institutions that are exploring new ways to modernise their IT infrastructure can create new value for their clients on a daily basis and dramatically reduce their back end operating costs.