First Line Software signs partnership agreement with Mambu
First Line Software, established software implementation and development services partner to the global financial market since 2009, is pleased to announce a new partnership with Mambu, the premier SaaS banking platform in the cloud. This partnership allows First Line Software to increase its presence as a top-tier IT service provider within the global banking industry.
Banks are one of the oldest professional institutions with practices and structures that have been developed over many centuries. In order for banks to remain relevant in today’s competitive market, it is essential to continually develop digital approaches of indispensable services to fulfill customer needs and expectations.
Composable Banking of Mambu is the new methodology that a bank is not just digitized, but also highly optimized within the only cloud banking engine. It is a compact alternative to cumbersome legacy banking systems that might be replaced by elegant cloud-based solutions.
Mambu helps not only existing banks to process more efficiently, but also retail companies can create their own banks and begin to provide financial services to faithful consumers. It is now possible to implement a cloud banking engine with digital wallet services that can include an integrated loyalty program in a short amount of time.
Launched in 2011 this technology provides more than 6,000 credit and deposit banking products that serve more than 8 million consumers. With over 3 million active accounts in more than 46 countries from fintech to traditional banks, Mambu helps financial institutions grow and prosper in the digital age.
First Line Software and Mambu begin a new chapter in the history of servicing financial institutions around the world.