Fintech
Tuum and TransactionLink collaborate to simplify FinTech onboarding
By Gloria Methri
May 10, 2024
- Automated onboarding
- Banking modernization
- FinTech
Tuum, the next generation core banking provider, has announced a new partnership with TransactionLink, a specialist in end-to-end KYB/KYC automation solutions. This collaboration aims to address the challenges faced by FinTechs and banks in achieving faster time to market, scaling for growth and improving operational efficiency.
TransactionLink specializes in providing comprehensive enterprise onboarding automation and a bespoke orchestration platform to simplify and streamline the onboarding process for businesses.
Integrating with The one from Tuum cloud-native core banking system, this partnership aims to provide a holistic solution that meets evolving regulatory and customer needs across the EU and UK.
Recent industry developments highlight the critical need to modernize onboarding processes and adopt orchestration platforms. TransactionLink’s innovative automation platform fills this gap, offering businesses a more efficient and profitable alternative to in-house solutions.
The synergy between Tuum’s platform and TransactionLink promises unprecedented speed to market and greater flexibility for customers. The partnership offers companies the following advantages:
Accelerated Time-to-Market and Scalability: Through this collaboration, companies can expect faster onboarding processes and unlimited scalability. This allows them to adapt to changing market demands and maintain a quick competitive advantage.
Simplified integration and saving resources: The partnership simplifies the integration process, saving valuable resources and streamlining operations.
Focus on core business: With TransactionLink and Tuum seamlessly managing onboarding, companies can redirect their focus toward innovation and growth, explore new opportunities, and expand their business ventures.
Mateusz Pniewski, CEO and co-founder of TransactionLink, said: “We are excited to join forces with Tuum to offer our customers a comprehensive solution that streamlines onboarding processes and drives business growth. This partnership highlights our commitment to innovation and excellence, enabling businesses to thrive in today’s competitive landscape.”
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