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Mambu and Currencycloud to offer international payment capabilities to clients

Source: IBS Intelligence
​Mambu announced an integration with Currencycloud today with an aim to offer transparent international payments capabilities to clients. The partnership will see the cloud banking platform integrate its SaaS banking platform with Currencycloud’s suite of API. It is expected to enable customers to deploy flexible, enterprise-class collections, virtual accounts, payments and FX services.
Stephen Lemon, Head of Strategic Partnerships and Co-Founder, Currencycloud commented, “This partnership between Currencycloud and Mambu really makes sense, we are both trying to help eliminate challenges for the same customers and provide them with banking-in-a-box capabilities. It is an exciting partnership as we develop our offering and continue to innovate together.”
According to the companies, financial services clients will be able to control their customers’ end-to-end journey and offer full control over pricing and margin management. The companies will provide pre-configured solutions that further increase speed to market, control and flexibility. The broad range of solutions includes both account-to-account collections and payments, as well as, card spend capabilities.
Ben Goldin, Mambu CTO/CPO, commented, “We are really excited to be working with Currencycloud, to be able to offer our customers pre-configured solutions that will further increase their competitive advantage and bring that transparency to international payments. We look forward to the partnership evolving.”
Recently, Mambu announced a partnership today with Google Cloud in a bid to boost its reach and service delivery globally. The partnership aimed to enable the banking platform’s customers to launch and extend banking as well as lending operations in more countries
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