Fintecor successfully implemented the Mambu platform for INDEXO Bank

We are pleased to announce that Fintecor as an experienced IT solutions provider in the financial industry, has played a key role in implementing the leading cloud banking platform Mambu for a newly established financial institution in Latvia, INDEXO Bank.

Mambu is a leading cloud banking platform supporting  more than 260 banks of all sizes, lenders, fintechs and more to design and build nearly any type of financial offering. Fintecor as its official partner and representative in Latvia is glad that INDEXO Bank trusted our team to provide the highest quality and flexible technical solutions necessary for key digital financial services.

Fintecor has equipped INDEXO Bank with a range of comprehensive solutions that enable it to oversee current accounts, payments, and consumer deposit and lending functionalities. 

Provided integrations and implementations for INDEXO Bank:

• Payments Integration connects systems to payment gateways like card payments and bank transfers.

• Card System Integration allows overseeing card issuance, processing, and transactions.

• AML Integration detects and prevents illegal financial activities.

• Mambu Integration with Microsoft Azure connects both technologies providing access to cloudless infrastructure and services.

• IFRS 9 Implementation ensures compliance with accounting standards, especially in loan loss provisions.

• CRM Integration allows efficient management of customer data, interactions, and insights.

• Mobile Application Integration connects backend systems, enabling transactions and customer interactions on mobile devices.

INDEXO Bank is dedicated to revolutionising the Latvian banking system by improving and challenging traditional banking and lending experiences. Fintecor is excited to collaborate with INDEXO in the future and we look forward to driving digital transformation and growth in the financial sector.