{"id":6093,"date":"2021-09-15T06:59:38","date_gmt":"2021-09-15T06:59:38","guid":{"rendered":"https:\/\/outsourcing-today.ro\/?p=6093"},"modified":"2021-09-15T06:59:47","modified_gmt":"2021-09-15T06:59:47","slug":"fintechos-launches-in-us-to-drive-digitalization-in-underserved-financial-institutions","status":"publish","type":"post","link":"https:\/\/outsourcing-today.ro\/?p=6093","title":{"rendered":"FintechOS launches in US to drive digitalization in underserved financial institutions"},"content":{"rendered":"\n<p>FintechOS, the\u00a0global technology provider for\u00a0market-leading\u00a0financial services brands,\u00a0announces\u00a0its launch into\u00a0the US\u00a0following success in its native Europe, as well as\u00a0in\u00a0Asia and the Middle East.\u00a0FintechOS\u00a0is\u00a0forging\u00a0links with\u00a0American\u00a0credit\u00a0unions\u00a0and\u00a0traditional banks\u00a0with a view to\u00a0removing common obstacles to digitalization\u00a0currently hampering the market.\u00a0\u00a0<\/p>\n\n\n\n<p>The digital solutions provider, which already serves 40 multinational banks and insurers in addition to&nbsp;fintech scale-ups in Europe, Asia and the Middle East,&nbsp;forecasts&nbsp;intense demand&nbsp;for its US&nbsp;offering.&nbsp;FintechOS&nbsp;plans&nbsp;to&nbsp;roll out&nbsp;intensive support and consultancy to&nbsp;more than 15&nbsp;new&nbsp;US&nbsp;bank and credit union&nbsp;partners&nbsp;by&nbsp;the&nbsp;end&nbsp;of 2022.&nbsp;To&nbsp;meet the demands of&nbsp;this rapid growth,&nbsp;100&nbsp;new US hires will be made&nbsp;across product management, sales,&nbsp;marketing and customer success&nbsp;within this period. By the end of 2022, total&nbsp;global&nbsp;headcount&nbsp;will surpass&nbsp;400.&nbsp;&nbsp;<\/p>\n\n\n\n<p>The&nbsp;FintechOS&nbsp;ecosystem allows&nbsp;its&nbsp;European&nbsp;members \u2013&nbsp;banks, credit unions, community banks and&nbsp;insurers,&nbsp;to&nbsp;go to market&nbsp;with digital products faster&nbsp;than those outside of the ecosystem;&nbsp;meeting&nbsp;both customer and operational efficiency demands&nbsp;at-scale.&nbsp;<\/p>\n\n\n\n<p>Market penetration&nbsp;of digital banking&nbsp;will increase&nbsp;from 75.4%&nbsp;of all US&nbsp;bank&nbsp;users to 80.4%&nbsp;of the 322.6 million people who use banks in the US&nbsp;by 2022.&nbsp;The&nbsp;legacy platforms that currently&nbsp;provide&nbsp;banks and credit unions&nbsp;with digital&nbsp;personal finance platforms&nbsp;in the US, do not offer the \u2018plug and play\u2019 capabilities that&nbsp;FintechOS&nbsp;specialize in.&nbsp;<\/p>\n\n\n\n<p>FintechOS&nbsp;has forged a framework for&nbsp;operational&nbsp;success in the US, based on strong partnerships&nbsp;including Microsoft, Deloitte, Persistent and Capgemini&nbsp;and collaborations with&nbsp;US&nbsp;category leaders,&nbsp;analysts,&nbsp;consultancy&nbsp;firms&nbsp;and&nbsp;investors.&nbsp;Strategic hires for&nbsp;FintechOS\u2019 work&nbsp;in&nbsp;the&nbsp;continent&nbsp;so far include&nbsp;Senior&nbsp;Vice President of North America, Steve Rooney,&nbsp;as well&nbsp;100&nbsp;regional&nbsp;product, sales and marketing&nbsp;specialists, who will be recruited&nbsp;in the coming months.&nbsp;&nbsp;<\/p>\n\n\n\n<p>\u201cThe US&nbsp;is&nbsp;reaching&nbsp;ever-growing&nbsp;levels of digital&nbsp;innovation&nbsp;within financial services.&nbsp;We are excited to enter the American market whilst&nbsp;the&nbsp;digitalization services&nbsp;available&nbsp;by&nbsp;banks and credit unions&nbsp;are&nbsp;still at&nbsp;ground floor level.&nbsp;Our&nbsp;customizable&nbsp;technology&nbsp;will allow&nbsp;institutions&nbsp;to start small, think big and scale fast, remedying the fact that&nbsp;many financial institutions&nbsp;who want to innovate quickly,&nbsp;are underserved&nbsp;or ill-served&nbsp;by&nbsp;current&nbsp;vendors,\u201d&nbsp;said Sergiu&nbsp;Negut,&nbsp;co-founder and&nbsp;Managing Director North America&nbsp;at&nbsp;FintechOS.&nbsp;\u201cOur clients can break the chains of a traditional layered and&nbsp;siloed infrastructure, just like many&nbsp;native&nbsp;digital players did, but across&nbsp;broader use cases&nbsp;for multiple client segments.\u201d&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FintechOS, the\u00a0global technology provider for\u00a0market-leading\u00a0financial services brands,\u00a0announces\u00a0its launch into\u00a0the US\u00a0following success in its native Europe, as well as\u00a0in\u00a0Asia and the Middle East.\u00a0FintechOS\u00a0is\u00a0forging\u00a0links with\u00a0American\u00a0credit\u00a0unions\u00a0and\u00a0traditional banks\u00a0with a view to\u00a0removing common obstacles to digitalization\u00a0currently hampering the market.\u00a0\u00a0 The digital solutions provider, which already [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":5114,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[19,6],"tags":[],"_links":{"self":[{"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/posts\/6093"}],"collection":[{"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6093"}],"version-history":[{"count":1,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/posts\/6093\/revisions"}],"predecessor-version":[{"id":6096,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/posts\/6093\/revisions\/6096"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/media\/5114"}],"wp:attachment":[{"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}