Software firm New Frontier Group (NFG) announced last week it has partnered with SaaS banking engine Mambu to extend its digital banking offering. According to NFG, the cloud-based model leverages its opti-channel digital banking solution, powered by Mambu’s SaaS banking engine, to create a fully online and automated digital banking offering which allows institutions to rapidly go to market and deliver business value.
“NFG’s intelligently structured opti-channel digital banking platform with Smart Digital layer and powerful segmentation, allows financial institutions to fully digitize and automate their customer facing processes. At the same time, it ensures completely personalized real-time services with immediate execution, and easy onboarding across any digital channel. Combined with the Mambu SaaS banking engine, NFG delivers applications and technology in one cloud-native API-enabled architecture with the ability to integrate complementary best-of-service solutions to address the individual needs of institutions.”
While sharing more details about the partnership, Gregor Bierent, Managing Director of NFG, stated:
“Customer expectations have changed and institutions need to be flexible enough to respond quickly in an evolving market. Our partnership with Mambu is a natural fit that creates an integrated solution where the approach to agility, integration, modularity is aligned. It is a partnership that can change the landscape by giving institutions a simple, single solution. Together NFG and Mambu deliver a digital banking solution, which is quick to implement and easy to manage aimed at financial institutions supporting state of the art business models.”
Bierent then noted:
“We can now deliver an end-to-end solution from online onboarding to loans administration, KYC and availability across Opti-channels, ranging from mobile to watches which are all managed through a single interface. Through the intuitive and configurable combined solution, institutions can offer their customers a rich and seamless experience.”
Ben Goldin, Mambu CTO/CPO added:
“We are pleased to welcome NFG to our growing partner ecosystem. Theiropti-channel solution will help our mutual clients to create intuitive and seamless experiences for digitally driven financial institutions.”