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Case Studies
We help our customers to address digital transformation
Accelerating Embedded Finance
Adding new capabilities and measurable value to Neobanks, Financial Institutions, and MNOs.
Branchless Digital Mobile Banking
The financial operator needed a complete SaaS cloud-native suite for a NeoBank branchless mobile banking. Mobile devices are pervasive and users are demanding fast, do-it-now financial transactions with flexibility, security, and a rewarding user experience. Multi-Channel delivery was a main requirement.
Challenge
Provide branchless, cashless banking services to an emerging country through the most ubiquitous tool of today: the mobile phone. Create a new banking service instrument featuring fully integrated Account Management ranging from Customer Acquisition to Risk Analysis to Customer Position and Monitoring, all to be delivered via mobile phones and PDAs.
Delivery
The NeoBank is based upon VBN SaaS and VBN Mobile for Loan Origination and Account Management modules. These are integrated with the Partner’s credit risk management, mobile banking, and agent management products. The resulting solution offers integrated mobile banking for micro-savings/micro-loans. Retailers, market vendors, and other low-income earners now can remit capital build-up deposits and loan amortizations using their mobile phones to access neo-banking services in a large region in Asia.
Results
Modularity and flexibility for banking services processing
Lower operational costs, high automation
Centralized control of all processes
Secure, cashless, and paperless
Bank System Modernization
VBN’s Partner needed to seamlessly integrate a complete neo banking system into an existing core banking legacy systems to provide access to a full range of front-end banking services and to remodel banking business processes. A platform localization was mandatory.
Challenge
Provide the VBN platform to leverage the mission-critical servers for a customer life-cycle management, a complete loan origination, and account management. The Partner needed to provide massive scalability to support very high transaction volumes. The VBN platform delivered is robust, secure, and available on all leading cloud and mobile platforms.
Delivery
VBN team structured a VBN SaaS Platform dedicated version to deliver a feature-rich digital banking transaction platform to a host of cloud and mobile devices. It has been designed and structured for quick, intuitive, and reliable use on a mission-critical infrastructure to support performance, scale and high availability. VBN has delivered its comprehensive SaaS cloud-native platform, with built-in functions: scalability, for high volume of concurrent transactions, with high level of security, and response time in milliseconds.
Results
Centralized control of all processes
Massive transaction throughput
High performance multi-tier Mobility Banking
Response time of milliseconds in a mixed-OS environment
Factoring and Financing Transformation
VBN’s Partner required a digital core system replacing the legacy factoring system at a major European banking entity operating through the Factors Chain International (FCI) and International Factors Group (IFG) networks,
Challenge
Provide a totally new Factoring and Project Financing system replacing a legacy application. Provide a factoring and financing suite, designed to be re-usable by multinational financial organizations.
Delivery
Deployed a new factoring that supports management of circulating assets, domestic and international, for imports and exports. The platform provides: Factoring-notified or non-notified, delegated and non-delegated, Management Balances assignment, Reverse factoring, Receivables financing, Carry trade transactions, Credit insurance, Backup securitization servicing, Customer receivables, Reminders, Collection.
Results
Comprehensive factoring and financing suite
Scalable business applications structure
Designed to be re-usable
Cash Management Infrastructure
VBN’s Partner needed a new Cash Management, Loans and Payments for their client a financial institution operating in the retail banking field, providing asset management, financial, and other services.
Challenge
Revise the financial control through rational account structures and cash pools, locally as well as globally. With a broad product portfolio, the platform made it easier to rationalize the use of capital.
Delivery
Built and deployed a Cash Management infrastructure to enhance international trade and payment products and to give customers direct access to products, information, and service. Swedbank provides to its clients with advice and support by mapping flows and identifying areas for improvement that facilitate streamlined processes, efficient liquidity management, and smart payment routines.
Results
Established new internal processes
Cash Management frees up capital by optimizing flows.
Structured payment factories