Nexi, the leading PayTech in Europe, and Engineering Group, international leader in the digitalization of processes for businesses and Public Administration, „will develop a business partnership in digital banking and give life to NOVA, a technology platform designed for different business segments from SMEs to Large Corporate, characterized by a configurable service portfolio and a modular, natively open and cloud-oriented architecture” – according to the press release.
Thanks to this solution, Enterprises – through their Financial Institutions of reference – will be able to benefit from the most advanced „Digital Corporate Banking” functionalities through a single platform, capable of responding to the needs of every sector and business scale, offering maximum flexibility, customized tools and interfaces, high scalability and high operational efficiency.
Expected benefits also for Financial Institutions: in fact, NOVA will enable them a personalized management of Digital Corporate Banking solutions for businesses through the accelerated implementation of new services and an ecosystem of offerings based on their own and partner products such that management costs are optimized.
„This is an agreement for the growth of a market that will give a significant boost to the remote banking offering, a strategic channel for the future of corporate and small business banking, for the success of which a specialized approach and strong investments are essential for its development.” – the company said.
“Thanks to this collaboration, we are providing banks with a state-of-the-art platform capable of offering a solution tailored to all businesses, guaranteeing them maximum flexibility, broad service coverage and modularity, and customization possibilities.” – comments Renato Martini, Digital Banking Solutions Director at Nexi Group – „This is a radical leap in the ecosystem of digital banking services for businesses as until now, there had been a lack of a single technology platform dedicated to businesses that served both large and small businesses, the latter of which are now typically managed with variants of the private”.
„With NOVA, we offer all European Financial Institutions a tool designed to manage ecosystems designed and built for different business segments. A best-in-class solution that not only responds to market challenges, but represents an unprecedented opportunity to optimize costs, customize offerings and rapidly scale your business. NOVA,” – comments Stefano Achermann, Vice President Financial Services of Engineering Group – „is our answer to the need for a tailored Digital Corporate Banking that is flexible and open to continuous innovation. Through our collaboration with Nexi we will put our expertise and
leadership in the world of solutions and services to the corporate segment at the disposal of the European financial services industry.”
The company added: NOVA platform, thanks to a data-driven architecture based on APIs and micro-services, is designed to ensure continuous innovation, high scalability and multi-country operations. It also offers the opportunity to open digital banking to rapid and „seamless” integration with partner services, extending the end-to-end „value chain” to the end customer. The use of the Cloud also makes the solution scalable, enabling resilient performance to business jumps in scale. Intelligent engines on the Front End and AI enable interfaces and experience to be tailored to specific user needs.
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:
