Sales League Table 2020 | Banking Technology Winners

Results Announced!

IBS Intelligence launches BankTech Daily News

Subscribe today. Limited time offer.

The Black Swan Opportunity | Get your bank digital ready.

IBSI Special 5 Digital Report Package with Special Offer. Subscribe now

India FinTech Report 2020

Insights into the historical and projected market size of key FinTech categories. Subscribe now

French bank BFM to use SAB’s tech solutions for digital transformation

HENRI ASSAF

HENRI ASSAF, CEO, SAB

French banking major Banque Francaise Mutualiste (BFM) has partnered with SAB AT in a bid to upgrade the former’s information system.

SAB AT, which offers highly customizable technological solutions to financial institutions, will offer the company with solutions related to customer management, the origination phase up to the management of consumer loans, the management of passbook accounts, amicable and contentious collection and treasury operations amongst others.

Henri Assaf, General Manager of SAB said in a statement that, “We are proud to have won this contract, which is a sign of the confidence that Banque Française Mutualiste has placed in us in this major transition. In addition, working together with Banque Française Mutualiste and all the stakeholders involved in this project has proven to be extremely rewarding.”

Through the partnership, SAB AT will also help manage the French lender’s exchange flows with market and distribution partners and ensure the accounting of all operations, besides the associated regulatory reporting production, all in multi-establishment mode.

The 30-year-old software solutions provider has helped over 230 banks globally with their digital transformation processes so far.

“We were looking for a technological partner capable of perfectly understanding and comprehending our business and the challenges of its digital transformation. SAB’s recognized expertise in the field of Co-Banking software has become established,” said Michel Coudrais, Managing Director of Banque Française Mutualiste.

Related IBS Intelligence Research

Related Posts

Tata Capital, India

Tata Capital launches AI-powered Voicebot – TIA, on Google Assistant

TIA, the AI-powered Voicebot by Tata Capital, is now available on Google Assistant, the popular voice service by Google. The solution will now offer a host of service features through a simple voice command. TIA is available across Android and iOS based mobile phones and smart home devices. As voice servicing platforms continue to gain […]

This post is only available to members.

Read More »

The Peoples Community Bank selects Finastra to enhance digital capabilities

Finastra, a leading financial software solution provider, has announced that The Peoples Community Bank is expanding its relationship with Finastra to provide its customers with enhanced digital capabilities and innovation speed. Peoples Community Bank and Finastra had been working together for over 20 years, and the community bank is currently upgrading to the Fusion Phoenix […]

This post is only available to members.

Read More »