Through the integration of smart money management tools in the digital banking experience, Hysab Kytab’s Personal Financial Management (PFM) solution enables hyper-personalization of banks’ connection with their clients.
Temenos Exchange will give Hysab Kytab a platform to expand by providing 3000+ Temenos customers with pre-integrated solutions.
On Temenos Exchange, the open marketplace for fintech goods, Hysab Kytab’s White Labelled PFM solution is now available. Hysab Kytab is a significant provider of financial management solutions.
The out-of-the-box integration of the Hysab Kytab PFM with Temenos Infinity aims to provide banks with the capacity to understand their customers’ financial ambitions and uncover non-intrusive cross-selling/up-selling opportunities for new income streams through hyper-personalization. Customers of banks will be able to get a 360-degree perspective of their money using Hysab Kytab as part of the Temenos Infinity solution, putting them in control of their financial well-being by assisting them in making educated financial decisions.
Temenos Exchange accelerates and scales open innovation to the market. The marketplace provides banks with pre-integrated and authorised fintech solutions that can be quickly implemented on top of the Temenos open platform, allowing them to create new financial services faster while lowering development costs.
Temenos Exchange is a fintech and software accelerator that helps developers build, evaluate, and commercialise innovative financial products. By joining Temenos Exchange, Hysab Kytab will be able to write once and sell to a global banking audience of over 3,000 clients in 150 countries. This group meets the banking requirements of 1.2 billion individuals throughout the world.
“It is increasingly becoming important for Fintechs to collaborate with organizations that can extend their reach and improve their technical expertise. I believe this integration with Temenos will enable Hysab Kytab to scale by boosting its current reach in previously untapped markets, including millennials and tech-savvy customers. This kind of collaboration will also help the fintech industry as a whole to work collectively for the common goal of boosting digital financial inclusion of customers.” said Mohammad Yasir Ilyas, Head of Hysab Kytab.
“Hysab Kytab participation in Temenos Exchange further extends our commitment to the banking community and enables Temenos customers to easily reap the benefits of Hysab Kytab’s PFM solution. We look forward to leveraging the power of the Temenos platform to help us achieve our business goals.”
“This collaboration is aimed at providing the best value for money and helping banks build a deeper relationship with their customers by understanding and meeting their evolving financial needs,” added Mohammad Yasir Ilyas.
Overall, Hysab Kytab intends to accelerate the finance ecosystem through technology solutions that will significantly alter the banking system and assist many individuals in overcoming their financial difficulties, giving it a competitive advantage in the ever-changing fintech market.
