Prestatech – a Tech-as-a-Service platform active in the world of digital lending – andFabrick – a company that operates internationally to promote Open Finance – sign a new partnership thatallows banks and fintechs to integrate the fintech’s statement parsing solution easily and quickly.

During the international event Money20/20, Fabrick will talk about the change taking place in the world of financial services in the present and the future.

Results of the research carried out by The European House – Ambrosetti, Fabrick and illimity to photograph the real status of the concrete process of change imposed by Open Banking and Open Finance.

The partnership strengthens the agreement signed a few months ago – which allowed the startup to define its offerings through Fabrick Pass and the Open Finance ecosystem entering its capital to support its growth. PINV’s Digital CFO platform enriches Fabrick’s SME SOLUTIONS offering.

Through Fabrick Pass, Kalaway allows you to monitor in real time your Net Financial Position, a keyindicator.

Valocity’s world class property valuation solution that has powered over $1 trillion worth of lendingdecisions, will now be available to European banks, allowing them to streamline mortgage approval forseamless customer experiences. Fabrick has become Valocity’s first partner in Europe and plans to make Valocity APIs available within the Fabrick Open Finance ecosystem.

Digital as a competitive differentiator to respond to the increasingly evolved needs of businesses, theoffer allows banks to go beyond the traditional core proposition of collections and payments byputting the user experience at the centre.

In-depth strategic research paper launched by leading professional consulting group and think tank, The European House – Ambrosetti, in partnership with Fabrick and illimity, two key players shaping the open future of finance.