Next-Gen Banking Technology for Speed Security Scalability

Finova Labs brings us its extensive expertise in card issuing and payment processing, which includes managing 46 million cards. The Finova Labs platform enables us to develop our credit card business without building the infrastructure from scratch. While Finova Labs focuses on the technology, we focus on supporting Aussie SMEs to grow their businesses.

Finova Labs was selected based on its core expertise and knowledge in cloud-based banking and payment processing capabilities. We look forward to working together and exploring ways our relationship can drive Citi’s work to help deliver clients’ global ambitions.

As BTG Pactual decided to jump into the retail banking business, we looked for modern and flexible solutions, cutting-edge technology, fast responses, and a provider with a genuine partnership spirit. Our purpose is to bring new solutions to innovate and disrupt the traditional and static banking sector, understanding and anticipating customers’ needs. Finova Labs was chosen and is corresponding as the ideal partner to achieve these challenging requirements.

Moving to the cloud attained a 31% IT cost reduction for Itaú. The migration also almost eliminated the bank’s system failures, which decreased by 98%.