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NayaOne Insights March 3rd week

Weekly round-up! Check out this week's latest industry update on the bank and fintech partnerships for innovation. <br> <br>Strategic alliances in Banking as a Service, Insurtech and Fintech Infrastructure are enabling product innovation and business model transformation in the financial services industry. <br> <br>ud83dudca1Innovation and strategic alliances were focussed on Banking as a Service. <br> <br>ud83dudca1Financial institution and fintech partnerships to deliver solutions for Insurtech. <br> <br>ud83dudca1Key bank fintech partnerships for the use of fintech infrastructure.

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NayaOne Insights March 3rd week

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  1. BaaS, Insurtech & Fintech Infrastructure Partnership Strategies in Action Insights BaaS Insurtech Fintech Infrastructure NayaOne NayaOne

  2. Banking as a Service B2B Payments & Lending Automation Insights Merchants National Bank and Teslar Software announced their partnership to streamline the bank’s lending processes, replacing manual tasks with robust automated workflows and supporting strategic growth efforts. US Bank has announced a collaboration agreement with trade finance fintech LiquidX to help accelerate and simplify supply chain transactions. Through the collaboration, the firm says suppliers and buyers will be able to connect their systems directly to US Bank and make transactions easily through LiquidX’s platform. NayaOne NayaOne

  3. Insurtech Data Security & Customer Experience Insights Aviva UK has renewed its partnership with Majesco, a provider of cloud insurance platform software for insurance business transformation, to improve underwriting profitability and risk mitigation capabilities. Root Insurance, a leading US insurtech, will use artificial intelligence (AI) to streamline and accelerate its claims operations using Tractable’s suite of AI solutions. Root Insurance partnered with the AI Subro solution from Tractable to enable Root to assess and respond to subrogation demands more accurately and efficiently. NayaOne NayaOne

  4. Fintech Infrastructure Digital ID & Core-banking Insights NatWest Signs Deal With OneID to Make New Digital ID Service Available to Businesses. The new ‘Customer Attribute Sharing’ service will be available to businesses as an embedded digital ID solution. Mena-based Bank ABC is to replace its legacy core banking systems in 22 markets and power its mobile-only subsidiary ila Bank with a single instance of the Temenos platform hosted in the cloud. NayaOne NayaOne

  5. NayaOne provides banks with a single point of access to hundreds of fintechs and datasets through Digital Sandbox and Fintech-as-a-Service offerings. Follow us on @NayaOne @Naya_One www.nayaone.com NayaOne

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