The perfect embodiment of the Open Banking philosophy

Thanks to Fabrick APIs, Illimity Bank can offer its customers easier and more efficient personal financial management.

Illimity

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Illimity Bank is the direct bank of the Illimity Group, fully digital and without branches, based entirely on cloud technology.

The solution

Fabrick's set of APIs can connect traditional banking applications with fintech solutions. Modularity and flexibility of the proposition permit to choose when to maintain proprietary control and when to rely on Fabrick. The AISP solution helps users manage accounts more efficiently and enable companies to analyse bank records, improving the customer experience.

Results

Through Fabrick's solutions, Illimity Bank chose to market products and services that it had developed on its own, but immediately integrated a dedicated Fintech component into their offering.

In about twelve months, they structured a complete banking information system and completed the migration of customers from Banca Interprovinciale, the entity from which Illimity was born through a merger with SPAC SPAXS.

Latest insights

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Cashless payments in the UK and worldwide

All those payments that are made with alternative methods to cash are defined as cashless: from more traditional methods such as credit transfers or A2A (Account to Account) payments, payments are currently increasingly digital.
21 March 2024
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Digital payments and Mobility-as-a-Service (Maas)

From the point of view of payment collection, Mobility-as-a-Service services require solutions capable of handling payments through platforms that allow transactions to be finalised without friction, while guaranteeing reliability, reduced timeframes and a user experience in line with the expectations of its users.
29 February 2024
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Fraud prevention: SCA exemptions to optimise the customer experience

Cyber fraud is a growing threat to companies in every sector today, despite the continuous evolution of prevention solutions. The SCA helps prevent online frauds, but how can exemptions be managed and conversion rates improved?
29 December 2023