FinTech Magazine - June 2022 | Page 155

initiative , we are launching our new brand – our ‘ Digital Bank ’ – through our partnership with Oliver Wyman , who have the expertise and skills to build for us , and it will be launched this year .
“ ARBM will accelerate its focus on both mass and mass-affluent-customers , as well as SME , particularly small enterprises , and we want to be ‘ best in breed ’ from a technology point of view . So we ’ re going to enable a robust cloud-native tech-stack through different providers , made up of the best partner ecosystem , to service our customers through embedded finance so that we can achieve these goals .
“ This is the ‘ Open-Banking ’ and ‘ Open- Finance ’ part of ARBM ’ s technology , which seeks to deliver a best-in-class digital tech infrastructure . If we are able to do it correctly , our new tech-stack could potentially be something that we use to look at other jurisdictions in the future .”
In putting together their tech-stack , made up of various providers and managed via microservices called a ‘ Cloud-Native-Feed ’, a strong security layer will be integral to ARBM ’ s growth opportunities . On the issue of providing security for customers and the bank , ARBM has partnered with Feedzai , which is FRAML ( Fraud And Anti Money Laundering ) technology provider – something that ’ s necessary for their business to grow . Oz says : “ We ' ve been working with new partners and our team to make our organisation safe , because although there are many things that are cool about FinTech from a customer-experience and product-offering perspective on the backend , we need to work to make sure that people and their businesses are protected . Feedzai will help in fulfilling that role .
“ Of course , there are lots of other partners that we ' re working with to help drive our transformation . For example , there ’ s AWS ,
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