ClearBank has announced the completion of its integration partnership with core banking technology provider DPR. The integration is expected to combine DPR’s retail and business savings platform with ClearBank’s real-time and single-channel APIs. It will enable DPR’s clients to benefit from a wider choice in their agency banking provider and will allow the clearing bank’s clients to access DPR’s core banking system.

Dave Patel, co-founder, and CEO of DPR said, “We’ve been working on a number of Open Banking and API initiatives to support our clients. We’ve found a long-term partner in ClearBank to bring real-time banking and payment services to our existing client base. Having completed our initial integration for one client, we’re really pleased to be able to extend this integration to all customers of our enhanced banking platform.”

Established in 2019, DPR’s platform provides branded online application and account servicing platform for retail and business savings. The platform comprises digital capability for onboarding and provides core banking for savings customers across multiple channels and account types.

Charles McManus, CEO of ClearBank added, “ClearBank recognizes the important strategic role that core banking providers play for financial institutions across the spectrum. We are delighted to be partnered with DPR, one of the most respected providers in the industry, for fully integrated origination and servicing solutions.”

Recently, end-to-end payments platform Contis entered into a partnership with ClearBank in a bid to enhance banking services on its platform. The supplier stated that the partnership is expected to expand client options within its payments platform.

by Megha Bhattacharya
Market Analyst at IBS Intelligence