Tuum, a leading provider of next-generation core banking solutions, today announced a strategic partnership with TransactionLink, a specialist in end-to-end Know Your Business/Customer (KYB/KYC) automation solutions. This collaboration aims to tackle key challenges faced by financial institutions, including faster time-to-market, scalable growth, and improved operational efficiency.
TransactionLink’s expertise lies in comprehensive business onboarding automation and orchestration platforms. By integrating with Tuum’s cloud-native core banking system, the partnership will deliver a holistic solution that meets evolving regulatory requirements and client needs across the European Union and the United Kingdom.
Addressing Modernization Needs
Recent industry developments highlight the critical need for modernized onboarding processes and the adoption of orchestration platforms. TransactionLink’s innovative platform addresses this gap by offering businesses a more efficient and cost-effective alternative to in-house solutions. The synergy between Tuum and TransactionLink’s platforms promises unprecedented speed to market and increased flexibility for clients.
Benefits for Businesses
- Accelerated Time-to-Market and Scalability: Businesses can expect faster onboarding processes and unlimited scalability, allowing them to adapt to market demands and maintain a competitive edge.
- Simplified Integration and Resource Savings: The streamlined integration process saves valuable resources and simplifies operations.
- Focus on Core Business: With seamless onboarding management by TransactionLink and Tuum, businesses can focus on innovation, growth, and exploring new opportunities.
“We are excited to join forces with Tuum to offer clients a comprehensive solution that streamlines onboarding processes and drives business growth,” said Mateusz Pniewski, CEO and Co-founder of TransactionLink. “This partnership underscores our commitment to innovation and excellence, empowering businesses to thrive in today’s competitive landscape.”
