Fintech solutions provider and a subsidiary of ViVi Holdings Inc., ViViPAY has announced a partnership with US-based non-bank third-party provider of inter-bank transaction and reporting systems, Juniper Payments. The partnership aims to introduce a private-labelled mobile app experience for community, independent banks and credit unions.

Headquartered in the USA, ViViPAY “ViVi” is a subsidiary of ViVi Holdings, a U.S.-based “Fintech” financial technology company that has developed a complete ecosystem of financial solutions and is committed to the digital inclusion of basic banking services for the entire population. ViVi is a SAAS-based financial ecosystem providing services to the unbanked and underbanked of the world.

“Mobile apps that facilitate transactions, especially those that required transfer of funds electronically, will continue to become more popular,” said Stephen Harkey, CMO of ViVi. “In order to compete with today’s large commercial lending institutions, community banks and credit unions will need a seamless, user-friendly mobile app experience for electronic funds transfer. Combined with the electronic funds transfer platform by Juniper, ViVi wants to deliver this mobile experience for these financial providers without requiring them to embark on an expensive buildout of their own technology platforms.”

Established in 2000, Juniper Payments aims to simplify domestic and cross-border payment processes through integration and streamlined processing for financial institutions.

by Megha Bhattacharya
Market Analyst at IBS Intelligence