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

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.

Account Aggregation – AISP

It offers access to the current accounts of insurance companies and intermediaries in the distribution network.

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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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07 September 2023

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Banking and Financial services firms have long been reluctant to make the most of the potential of digital technology, however they are increasingly using digital technology to change.
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Blockchain and digital payments: the evolution of cross-border transactions

The concept of blockchain has been holding stage for a long time in many media that address issues related to the innovation of digital payments. How can this decentralised technology revolutionise the world of finance?
04 September 2023