Powered by MOMENTUM MEDIA
subscribe to our newsletter

New banking platform signs first ADI client

Following the launch of its new banking technology, mortgage broking and banking solution company Rubik Financial has announced the signing of its first Rubik Model Bank client.

Although the name of the authorised deposit-taking institution (ADI) has not yet been released, Rubik has cryptically said the digital banking platform was developed using Temenos’ “front-to-back” technology with omni-channel digital software to target “Australian credit unions and mutuals”, as well as other authorised ADIs.

The software is a multi-channel core banking system that provides success-critical functionality for retail banking, and is said to offer a “real-time view” of customers while “removing the costly need for institutions to internally maintain or regularly upgrade their systems”.

“We’ve invested heavily in what we believe is a game-changing platform for the industry and the fact that we can help clients digitally transform so quickly without significant upfront investment is very appealing,” commented Rubik CEO, Iain Dunstan.

“We’re very pleased to be able to announce the signing of our first client so quickly after the launch of Rubik Model Bank. It’s proof that the market is responding to our offering and that the solution is in line with market demand,” he concluded.

Advertisement
Advertisement

PROMOTED CONTENT


More details on the identity of the client are expected in the coming weeks.

 [Related: Fintech company launches new digital banking platform]

New banking platform signs first ADI client
mortgagebusiness

If you’re feeling overworked and overwhelmed in this fast-paced mortgage market, it’s time to make some changes, and the Business Accelerator Program can help! Work smarter, not harder, in 2022 and beyond, visit the website here to secure your ticket.

Latest News

The government has been told to develop a complaints process for businesses that have been dumped by their banks, following accusations of a...

An Australian fintech has introduced a new self-service VOI product for the mortgages market. ...

With low interest rates and income support expected to soon disappear, the major bank has released a revised dwelling figure. ...


Join Australia's most informed brokers

Do you know which lenders are providing brokers and their customers with the best service?

Use this monthly data to make informed decisions about which lenders to use. Simply contribute to the survey and we'll send you the results directly to your inbox - completely free!

Do you think APRA's bank buffer changes will see more borrowers use non-banks?

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.