Fri, Nov 22 2024
A collaborative partnership between GCI Consulting and Moroku has introduced their state-of-the-art Bank-as-a-Service (BaaS) technology, with the potential to completely transform the financial environment.
This innovative solution effortlessly integrates Moroku Money's award-winning digital channels offering with the strong foundation of the Temenos Australian Community Banking Solution.
Using BaaS to Empower Financial Institutions
Credit unions, community banks, and challenger banks are among the financial institutions that will benefit from the GCI-Moroku BaaS platform. This is what makes it unique:
Important characteristics of the GCI Moroku BaaS Platform:
• Australian cloud-based core banking.
• Multi-cloud: Dispersed throughout AWS and Azure
• Digital Onboarding: A more efficient way to onboard customers.
• Internet and Mobile Banking: The Modern Customer Experience in Digital Banking
• Mobile First/Cloud Resident: Agile and scalable
• Large Language Model priming: LLM compression by using game theory to refine the data models and absorb a wide range of transactional and behavioral data from core systems and Open Banking.
• Open Banking and Digital Identity Verification: Compliance-ready.
Statements from Important Parties
"Our mission is to empower financial institutions with innovative solutions," says Chris Walne, CEO of GCI Consulting. With its unique combination of technology, agility, and deployment, migration, and operation experience with Temenos, the GCI-Moroku BaaS platform is revolutionary. Community banks in Australia may develop, change, and compete with the assurance of an excellent end-to-end technological platform when combined with Moroku's digital channels.
"Moroku's digital engagement platform adds a human touch to digital banking while priming AI to reduce the cost and complexity of the computational challenges facing the industry," says Colin Weir, the company's founder and CEO. In collaboration with GCI Consulting and Temenos, we are transforming the provision of financial services. We are thrilled to be able to support community banks and credit unions across Australia in staying relevant and providing for their clients in the face of increasing competition and expectations.
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