Allica, MuleSoft partner to build a digital bank

Wednesday 11 November 2020 14:33 CET | News

API integration platform MuleSoft has partnered with Allica Bank to deliver a connected, personalised banking experience for small-to-medium-sized enterprises (SMEs).

SMEs account for three-fifths of employment in the entire UK private sector. With a focus on established SMEs (5-100 employees), Allica is on a mission to help them succeed. Allica Bank combined relationship banking with modern digital banking experiences to launch a new digital bank from scratch in under 12 months. By unlocking and integrating data across systems and applications, MuleSoft is helping Allica Bank gain a single view of its customers, according to the official press release.

With MuleSoft, Allica Bank plans to expand into new distribution channels and scale by continuing to work with third-party suppliers and partners to extend its suite of financial services products. For example, Allica Bank has been able to provide an omnichannel digital banking experience by working with banking technology partners, including Profile Software to support its savings accounts and commercial mortgage lending and Netsol to introduce asset finance for customers.

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Keywords: Allica, MuleSoft, digital bank, banking, partnership, API, SME, UK, digital banking, Netsol, Profile Software, omnichannel digital banking
Categories: Banking & Fintech
Countries: United Kingdom
This article is part of category

Banking & Fintech