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Burgan Bank

The Payments Case Study report “Implementing a Market Leading Global Payments Platform,” by highly respected analyst Erika Baumann, shows how Santander, one of the largest banks in Europe and the 16th largest banking institution in the world, “created a market-leading global payments platform that did not previously exist in the market” by partnering with iGTB and using iGTB’s Payments Service Hub.

Implementation of this platform led to an enviable 70% average improvement of key performance indicators around client implementation time, transaction processing, and connectivity.

The platform provides Santander corporate clients with a unified payment experience with robust payment capabilities to access local schemes for domestic and cross border transactional needs and helped Santander to bring future-forward functionality and roadmap – including access to instant payments, real time liquidity, API based models and cloud based models – to the market.

The case study also highlights how iGTB’s core market expertise and knowledge of the core markets Santander operates in (including Europe, the US and Latin America, specifically Brazil and Argentina that have complex regulatory environments and financial cultures) made it the vendor of choice for Santander in its transformation journey and how the deep partnership and synergy between the two made these results possible, and shifted Santander’s position in the market from an innovative regionally local bank to a true global payments leader.   

Their success can be yours


Key Highlights sneak peek

payment

Unified payment experience globally with robust payment capabilities to access local schemes for domestic and cross border transactional needs

implementation

Reduced average client implementation time by about 70%

transaction-performance

Increased transaction performance capabilities by an impressive 75%

Self-sufficiency

Self-sufficiency in implementing new countries in 65% less time.

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Download the Payments Case Study - IMPLEMENTING A MARKET LEADING GLOBAL PAYMENTS PLATFORM

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ABOUT iGTB

iGTB's Contextual Banking Experience Platform (CBX) is a white label digital banking platform and product processors to manage corporate’s cash, liquidity and trade leveraging Machine Learning and predictive analytics, delivered through APIs and an omnichannel User Experience.

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