Page 40 - BKN301 PR Report - March 2024
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Latest News
The BKN301 BaaS Orchestrator connects di
a modular design principle to provide organisations with the freedom to choose and integrate their required features. It serves
technological gateway into the BKN301 Banking-as-a-Service Platform (BaaS) and o
personalised banking and payment experiences best suited to the requirements of
The orchestrator solves numerous issues related to digital banking, such as costs, market scalability and migrations problems.
minimises up to 50 per cent costs on core banking, card issuing, payments acquiring (online and o
payments and services top ups. Furthermore, its scalability saves almost 100 per cent of any future migration costs for core ba
payment processing. It works in di
Mahesh Paolini-Subramanya, CTO at BKN301, said: “At BKN301, we seek to accommodate ongoing development in both its internal
services and external integrations. Our BKN301 BaaS Orchestrator o
platform’s dedication to continuous evolution enables it to iterate rapidly and adapt to the changing demands of the region’s
market.”
For the new BaaS Orchestrator platform, the company coordinates its proprietary BaaS core modules and third-party system integr
These integration capabilities allow for several
to legacy core-banking systems of banks.
BKN301 Group o
to revolutionise the
Egypt, Damen Cash, powered by BKN301, transformed traditional retail by integrating digital
wallet made
source.
-ends-
About BKN301
The BKN301 Group o
and payments approach. As a regulated entity, it provides licenses and technology with a strong focus on Europe and fast-growin
markets, while also fostering connectivity between them.
BKN301 BaaS Orchestrator integrates core banking and payment processing services with a single technology entry point. It combi
e
Service model. With cloud-based developer-friendly APIs and blockchain technology, it enables scalability across di
regulatory environments. BKN301 BaaS Orchestrator is an ideal solution for
Based in London, and operational since 2021, BKN301 Group operates in EMEA with o
presence mirrors the commitment to revolutionising
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