Cloud-native, Virtual Account Management as SaaS offering

“We are seeing an uptake especially in the United States and also industry-focussed cases in Europe, Asia-Pacific, the Middle East and Australia. It’s especially pleasing to launch another aspect of the contextual revolution we are proud of and that iGTB is spearheading: we are committed to the consumerization of corporate banking. This goes further, and democratizes corporate banking.”

Mr. Maakan added “The key advantage is that, with this offering, banks don’t need to revamp their entire transaction banking infrastructure to offer virtual accounts. The solution can co-exist with the bank’s existing product processors and the channel solution – enabling the customers to transact with virtual accounts just like they do with physical accounts. Now banks can offer powerful reconciliation services, enable robust payment factories, and enable clients to manage third party monies using the iGTB’s latest Virtual Account Management 2022 solution.”