UAE based Centre Systems Group, a disruptive technology consulting firms forcuse on fintech, blockchain application platforms and digital transformation has partnered with Moven fintech banking technology company.
As per the announcement, Moven which turns data into actionable insights that improve financial health through embedded smart-banking experiences, an CSG will work to deliver world class innovative solutions to customers.
“Moven continues to build its global footprint via partnerships in international markets,” said Bryan Clagett, Chief Revenue Officer at Moven. “Centre Systems has an excellent reputation in the Gulf Region and beyond, and we look forward to working with Muzammil and his team as we help bankers modernize their mobile banking environments.”
“We welcome this opportunity to engage with Moven to transform and revolutionize the digital banking industry,” noted Mohammed Muzammil Riyaz, Senior Vice President at CSG, “and it sets forth a precedent of delivery quality services for fintechs.”
At the beginning of 2020, just 3% of US consumers considered a digital bank to be their primary bank. By the end of the year, that percentage had grown nearly 400%. Challenger banks will continue to drive deposit displacement from brick and mortar banks, and the Moven/Centre Systems Group collaboration will allow financial institutions to build new digital bank solutions, and drive revenue from day one.