iFinancial to leverage UK-based Tatum’s Blockchain API

ifinancial

Matthew Day, Director of iFinancial

UK-based supplier of integrated real-time banking software, International Financial System LTD or iFinancial has entered into a partnership with Tatum Blockchain API in a bid to allow iFinancial to provide enhanced solutions to struggling financial institutions.

Will Banks, Tatum’s Chairman, said about the new partnership “iFinancial’s offering is well respected in the market and thus we are very excited to have joined forces with them. This partnership will be able to help more organizations offer robust and innovative technology solutions to their customers. Thanks to Tatum, over 25 banks and financial institutions will have access to cryptocurrency accounts, instant, and micropayments features. This is an exciting time for Tatum and for those organizations looking to build, compliant and cost-effective Blockchain solutions.”

Established in 2017, Tatum provides access to Blockchain API with compliance overlay as well as a ‘plug-and-play’ API along with the ability to support all ledgers and digital assets. The API platform provides certifications for compliance, legal and accounting obligations.

Matthew Day, Director of iFinancial said, “Financial service businesses struggle to stay on top of the fast-moving frontier of new technologies, especially Blockchain/DLT, AI, and IoT. Our partnership will enable those businesses to have a complete state of the art solution. We are very excited to be working with Tatum”.

UK-based iFinancial specializes in core banking, digital banking, anti-money laundering and PSD2 compliant cash management systems. iFinancial’s solutions are aimed at banks, credit unions, building societies and other FIs.

Recently, iFinancial announced that Prudential Co-operative Credit Union, of Barbados, has become the first customer to sign up for iFinancial’s product range on Microsoft Azure.

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