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Hungary’s second-largest banking group choose Finshape to redefine retail customer’s digital banking experiences. The company is coming to Banking 4.0.

12 iulie 2024

„The task was monumental: develop the MBH Bank App, a mobile banking platform, integrating elements from Budapest Bank’s existing application while accommodating evolving requirements and tight timelines.” – Finshape explained.

At the beginning of this year,  MBH Bank successfully launched its unified mobile banking application, marking a significant stride in its mission to redefine retail customer’s digital banking experiences. 

„However, the real challenge lies in harmonising disparate IT systems, each with its unique infrastructure, processes, and workflows, to deliver a seamless customer experience. To navigate this complex landscape, MBH Bank enlisted the expertise of Finshape, with prior engagements with two of the merging institutions.” – according to the company’s blog.

Effective communication and collaboration were essential throughout the project, as Finshape worked tirelessly to standardise diverse logic from previous systems, ensuring a cohesive user experience. The result was an app with upgraded and novel functionalities tailored to meet MBH Bank’s exacting standards.

“Finshape is honoured to have collaborated with MBH Bank in this historic endeavour. Our team’s dedication and expertise were key in overcoming the complexities of merging different systems and delivering a cutting-edge mobile banking application. This project exemplifies the power of collaboration in driving innovation and setting new standards in digital banking.” – Vitályos Áron – Sales Director, Finshape.

Collaborating with Finshape has significantly enhanced our operations. Their ability to deliver high-quality software on time, particularly for our complex projects with numerous integrations, is exceptional. With Finshape’s decades of experience and proven reliability, we have found a low-risk, high-value partner that consistently meets our needs and exceeds our expectations.”- Roland Pecsenye – Chief Digital Officer, MBH Bank.

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In a historic union, Hungary’s banking landscape witnessed the merger of Budapest Bank and MKB Bank in March 2022 and Takarékbank in April 2023, birthing MBH Bank on May 1, 2023. With a collective balance sheet exceeding HUF 11,785 billion, MBH Bank emerged as Hungary’s second-largest banking group post-merger.

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Anders Olofsson – former Head of Payments Finastra

Banking 4.0 – „how was the experience for you”

So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”

Many more interesting quotes in the video below:

Sondaj

In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?