The integration enables DPR’s clients to benefit from enhanced choice in their agency banking provider
Image: Photo courtesy of rawpixel/Pixabay.
Core banking technology provider DPR and ClearBank have announced the completion of their integrated partnership to provide enhanced solutions for their clients.
Under the partnership, DPR’s recently launched enhanced platform for retail and business savings has been integrated with ClearBank’s real-time, multi-scheme, single channel APIs.
The integration enables DPR’s clients, which range from established banks through to building societies, to benefit from enhanced choice in their agency banking provider.
On the other hand, the integrated partnership allows ClearBank’s clients to benefit from access to DPR’s next generation core banking system.
DPR co-founder and CEO Dave Patel said: “We’ve been working on a number of Open Banking and API initiatives to support our clients.We’ve found a long-term partner in ClearBank to bring real-time banking and payment services to our existing client base.
“Having completed our initial integration for one client, we’re really pleased to be able to extend this integration to all customers of our enhanced banking platform.”
DPR launched new platform for retail and business savings in July
In July, DPR rolled out a new platform to offer a comprehensive, flexible, and fully branded online application and account servicing platform for retail and business savings.
The platform features digital capability that can on-board and offer core banking for savings customers across multiple channels.
It facilitates providers with a feature to launch and manage multiple account types.
According to the company, the platform has been developed to embrace the rise of Open Banking and APIs, and the next generation of banking technology.
ClearBank offers its clients with access to the UK’s clearing system through RESTfulAPI, which integrates with core banking systems for real-time access to products and services. The company provides connectivity into payment schemes through one simple interface.
ClearBank CEO Charles McManus said: “ClearBank recognises the important strategic role that core banking providers play for financial institutions across the spectrum.
“We are delighted to be partnered with DPR, one of the most respected providers in the industry, for fully integrated origination and servicing solutions.”