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L&T teams up with Hoist Finance for digital banking in Europe

L&T teams up with Hoist Finance for digital banking in Europe ​ By IANS | ​ 0 Views Larsen & Toubro.. Image Source: IANS News Mumbai, May 18 : Larsen & Toubro Infotech Ltd (LTI) has entered into a strategic engagement with Hoist Finance AB, a pan European financial services company, to provide Banking-as-a-Service for Performing Loans segment through its digital banking platform. LTI s digital banking platform, powered by Temenos, will enable Hoist Finance to be more scalable and with faster on-boarding of new asset classes across regions. The platform provides seamless interoperability, agility, and higher security at a lower total cost of ownership, said a company statement.

L&T Infotech to offer digital banking platform services to Hoist Finance

Larsen & Toubro Infotech (L&T Infotech) has entered into a strategic engagement with Hoist Finance AB to provide banking-as-a-service for performing loans segment through its digital banking platform. Hoist Finance AB is a pan European financial services company. L&T Infotech s Digital Banking platform, powered by Temenos, will enable Hoist Finance to be more scalable and with faster on-boarding of new asset classes across regions. The platform provides seamless interoperability, agility, and higher security at a lower total cost of ownership. With its comprehensive capabilities, LTI s Digital Banking Platform provides end-to-end integration with Temenos Transact, Temenos Infinity, Temenos Payments, and Temenos Financial Crime Mitigation as well as Fintech solutions like regulatory reporting, authentication, KYC solutions, card services, and payment solutions available on Temenos Marketplace.

Hoist Finance selects LTI s Digital Banking Platform to achieve accelerated growth in Europe

Mumbai (Maharashtra) [India], May 18 (ANI/PRNewswire): Larsen & Toubro Infotech Ltd. (BSE: 540005), (NSE: (https://www.lntinfotech.com/investors) LTI, a global technology consulting and digital solutions company has entered into a strategic engagement with Hoist Finance AB, a pan European financial services company, to provide Banking-as-a-Service for Performing Loans segment through its (https://www.lntinfotech.com/news-event/lti-selects-temenos-to-launch-digital-banking-platform-in-the-nordic-market) Digital Banking Platform. LTI s Digital Banking platform, powered by Temenos, will enable Hoist Finance to be more scalable and with faster on-boarding of new asset classes across regions. The platform provides seamless interoperability, agility, and higher security at a lower total cost of ownership.

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