Entrepreneurs and teams who wish to succeed with a digital banking startup or launch a new Credit Union in the USA can take advantage of ready-made digital banking technology as well as regulatory, fundraising and marketing support, thanks to Mbanq Labs, a leading digital banking FinTech accelerator.
Can the integration of digital banking capabilities revolutionize Travel, the industry so notorious for its lagging digital transformation?
If you ask Raman Korneu, financial services expert with 20+ years in Banking, his answer will be – “For sure!”
That’s exactly what he set out to do with myTU – Banking-as-a-Service ecosystem focused on servicing the Travel industry.
A bona fide success story in its class, KentBank stands out on the European banking market with its steady growth over the past decade, superior asset quality, low NPL ratio and a constantly higher capital adequacy ratio than legally required.
KentBank is owned by the Süzer group, one of the most successful Turkey-based conglomerates. As part of their diversification and internationalization strategies, the group eventually ventured into the EU banking sector with an acquisition of a bank in Croatia, the youngest EU member state.
They developed the KentBank brand and arranged a thorough selection process to find a banking technology partner that could support their ambitions. Their partner of choice? Mbanq
Temenos partners with Silicon Valley-based Mbanq to power innovative Credit Union-as-a-Service (CUaaS) offering for US Credit Unions, a market estimated at $3.6bn annually.
Mbanq’s CUaaS, powered by The Temenos Banking Cloud, enables Credit Unions to gain faster time to market with cutting-edge digital financial services for members at a reduced total cost of ownership.