Multi-national banking and financial services firm Rabobank has partnered with SaaS core modernisation and transformation provider Zafin to upgrade its pricing, billing, and invoicing capabilities.
The move comes as the Netherlands-headquartered bank continues to expand its tech capabilities with a focus on consolidating its retail and corporate customer offering.
According to Rabobank, the new platform will replace the bank’s existing pricing tools with the aim of reducing the cost of creating, changing, and launching bespoke product and client propositions.
It went on to say that the technology will also allow its internal team to access a consistent view of product, billing, and invoicing information across all channels.
In recent years, Rabobank has been focusing on strengthening its tech capabilities through a series of partnerships, including with front-end and back-office trade finance system solutions allNETT and DOKA-NG from software provider Surecomp, and digital financial planning tools from InvestCloud.
In March, the bank partnered with Dejamobile, signing up to its ReadyToTap Payment for Merchants contactless payments solution.
In December 2023, The Dutch bank appointed Alexander Zwart as chief innovation and technology officer.
Paul Wolda, manager payments at Rabobank, emphasised how the latest partnership seeks to reinforce Rabobank’s commitment to invest in innovative technologies that aim to modernise legacy applications, drive operational efficiencies, and lower costs while offering a more personalised and sophisticated banking experience to its client base.
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