Tuum to power CenterCredit’s new digital banking venture

By Vriti Gothi

Tuum has been selected by Bank CenterCredit (BCC) to underpin its new Banking as a Service (BaaS) offering. The collaboration has been recognised as a milestone in global banking, having demonstrated how incumbent institutions have been able to accelerate innovation, compete with digital challengers, and unlock new revenue opportunities through embedded finance.

As part of its comprehensive digital transformation agenda, BCC is deploying Tuum’s modular and highly configurable platform to launch a greenfield BaaS business. The initiative will allow BCC to serve a wide ecosystem of FinTechs and corporate partners, reinforcing its leadership position in Central Asia’s rapidly expanding digital finance market.

This partnership is also being recognised as a blueprint for progressive core modernisation, a strategy gaining adoption among established banks across the GCC, Middle East, and Europe. By operating Tuum alongside its legacy infrastructure, BCC can introduce new, in-demand products without the disruption or risk of a full-scale system replacement. This agile dual-core model enables banks to remain competitive while laying the foundations for long-term transformation.

Tuum will initially deliver its Accounts, Payments, and Cards modules, orchestrated through the Tuum Orchestration Platform (TOP). Future phases will extend to Lending and a fully integrated Islamic Banking proposition, demonstrating the platform’s capability to address both conventional and Shariah-compliant markets. The solution will be deployed on AWS Outposts within BCC’s data centre, combining the scalability and flexibility of cloud-native infrastructure with the operational control of on-premise hosting.

Ruslan Vladimirovich, President of Bank CenterCredit, said,  “To lead Kazakhstan’s digital banking future, we needed a technology partner with a platform built for speed, flexibility, and scale. Tuum’s modular architecture and robust orchestration capabilities were clear differentiators, allowing us to not only launch our BaaS proposition quickly but also to build a foundation for future innovation, including lending and Islamic finance. This partnership is a strategic accelerator for our long-term vision.”

Miljan Stamenkovic, Chief Revenue Officer at Tuum, said, “BCC is a visionary institution that is strategically future-proofing its business, and we are proud to be their chosen partner. This partnership is more than a regional success; it is a powerful testament to a new model for banking transformation. The blueprint we are establishing with BCC in Central Asia is the same one that will empower banks across the GCC and Europe to shed their legacy constraints, embrace embedded finance, and compete in the new digital reality.”