Fintech Platform Backbase and Siili Solutions to Enable Banking Transformation in the Nordics

Backbase, the global enabler of banking platforms, announced a strategic partnership with Siili Solutions, a digital transformation company known for its local expertise and presence across the Nordic region.

This collab significantly expands the regional resource pool, enabling financial institutions to address the uniqie demands of the Nordic market with tailored solutions their customers will find useful.

As Nordic banks look to modernize their core services, this latest partnership reportedly brings together Backbase’s Banking Platform with Siili’s regional expertise as well as (artificial intelligence) AI capabilities.

As a result, banks are now able to reporteldy move faster in their digital transformation strategies, while also keeping full control of their objectives.

According to the announcement from engagement banking Fintech Backbase, the partnership offers Nordic financial institutions the following key advantages:

  • Quicker deployment of modern banking solutions through pre-built applications and journeys
  • Catering for local needs through local implementation expertise backed by best-in-class banking technology
  • Enhanced ability to create personalized customer experiences across all channels
  • Providing practical AI implementation and strategies Accelerated time-to-market for new products and services
  • Reduced total cost of ownership through platform consolidation

The Backbase-Siili partnership represents more than a simple collaboration – it’s described as a commitment to enhancing banking services in the Nordic region, with plans to further extend this to the Central Eastern Europe region in the foreseeable future.

With Backbase’s record of empowering more than 150 financial institutions globally and Siili’s regional expertise, Nordic banks now reportedly have access to innovative technology along with local support “to build the banking experiences their customers expect.”

As covered recently, Backbase, the global enabler of Engagement Banking, announces a partnership with Feedzai, the provider of financial intelligence solutions, aiming to empower banks to tackle the growing challenge of digital fraud while “maintaining seamless customer experiences.”

The collab integrates Feedzai’s Digital Trust solutions with Backbase’s Engagement Banking Platform, giving financial institutions the capabilities to protect, “build trust, and improve their customers’ digital banking experiences.”

By combining Backbase’s engagement banking expertise with Feedzai’s security capabilities, they’re giving financial institutions “the complete package – superior customer experience and intelligent fraud prevention in one integrated platform.”



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