IndusInd Bank partners with M2P Fintech
To expand its digital product range
IndusInd Bank has partnered with M2P Fintech, global leader in embedded API infrastructure to roll out cutting-edge customer value propositions across payment and lending solutions. Last year, the bank announced its plans to launch a unique, personalized experience-led customer value proposition as part of its ‘IndusInd Bank – Digital 2.0’ strategy. The bank continues its focus on building digital first and digital business models and further expands its digital product range.
The bank will leverage M2P’s cutting-edge technology backed by analytics to deliver hyper-personalized offerings across payments and lending, making these solutions the first of their kind in India.
The bank will draw on M2P’s experience in enabling hundreds of fintechs across Asia to deliver embedded customer journeys. M2P’s fully featured API infrastructure enables the bank to develop innovative products/experiences on top of the bank’s Core Banking System (CBS). This partnership will bring together the flexibility of an agile technology stack with the robustness and governance of the bank’s CBS. With M2P’s reach and platform execution, the network effects accrued on the platform are enormous, bringing unique capabilities that can be leveraged to deliver experiences co-created with participating partners.
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(This story has not been edited by Business Standard staff and is automatically generated from a syndicated feed.)
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First Published: Thu Aug 4, 2022. 2:20 PM IST
