Philippines-based rural bank Country Builders Bank (CBB) has joined forces with Indian fintech firm Kiya.ai to advance its banking infrastructure.
Through the partnership, Country Builders Bank will gain access to a suite of banking solutions offered by the Indian firm.
The solutions include core banking, mobile banking, loan origination, loan management, anti-money laundering (AML), and internet banking designed for both retail and corporate clients.
By leveraging cutting-edge banking technologies provided by Kiya.ai, Country Builders Bank intends to increase operational efficiency, expedite revenue generation, and extend its market footprint.
The deployment of core banking and regtech solutions will allow the Philippines bank to automate processes, enhance risk management, and boost compliance measures.
It will also enable Country Builders Bank to strengthen its position as a trusted financial partner for its valued customers, said Kiya.ai.
Country Builders Bank president and CEO Ismael Sandig said: “Our collaboration with Kiya.ai testifies to our commitment to enhancing customer experiences, streamlining operations, and driving sustainable growth.
“Kiya.ai has proven to be a trusted fintech partner for financial institutions globally, and with their innovative solutions, we are poised to embark on a transformative journey towards digital excellence.”
Established in 1995, Kiya.ai offers expertise in digital payments, financial services, governance, risk and compliance solutions along with market-ready processes to bolster financial institutions.
The firm also helps to transform businesses by facilitating them with an array of advanced digital solutions and new age technologies like artificial intelligence, robotic process automation (RPA), metaverse banking, big data analytics and more.
Kiya.ai president Amit Sharma said: “Our partnership highlights our commitment to empowering financial institutions globally with cutting-edge technology, driving digital innovation, and delivering unparalleled value to customers.
“Currently, Kiya.ai is working with 650+ financial institutions across 56 countries. Together with CBB, we are poised to revolutionise the banking landscape in the Philippines, enhancing operational efficiency and fostering sustainable growth.”