Banca Transilvania S.A.: Simplifying open banking and managing compliance with IBM software
Banca Transilvania S.A.: Simplifying open banking and managing compliance with IBM software
3 PagesShare this Banca Transilvania S.A. Simplifying open banking and managing compliance with IBM software Business challenge To keep pace with recent EU financial regulations, Banca Transilvania S.A. needed to create a new open banking platform. Transformation Working with IBM Business Partner IT Smart Systems, Banca Transilvania accelerated its compliance efforts and opened up its banking infrastructure for new fintech solutions—all without compromising security efforts. The open banking platform empowers the business to bring new, third-party services directly to its customers. Banking Founded in 1994, Banca Transilvania began as a small, local bank, serving the needs of citizens and businesses in the city of Cluj-Napoca, Romania. But over the intervening decades, the bank has
