Middleware and Mambu strengthen alliance
Middleware, maker of the Corezoid Process Engine, and Software-as-a-Service (Saas) banking engine firm, Mambu, have strengthened their partnership, reports David Penn at Finovate.
The two companies have teamed up to develop solutions that will enable banks and lenders to improve client onboarding, loan origination regulatory reporting, and card and payments connectivity.
Acting as Orchestrator
The centerpiece of the partnership is the Mambu Process Orchestrator (MPO). Based on the Corezoid Process Engine and unveiled last fall/autumn, MPO is an integration Platform-as-a-Service (iPaaS) offering that will make it easier for Mambu’s customers to connect APIs together.
“Corezoid allows clients to change how they see APIs to thinking in terms of assembling processes in the cloud,” Middleware founder and CEO Alexander Vityaz says. “This partnership with Mambu is part of Middleware’s global growth strategy. They work with clients in over 55 countries, and companies in these countries are now able to start leveraging Corezoid technology for their business through Mambu’s services.”
Mambu CTO Ben Goldin praises Middleware’s “unique vision and patented technology,” and says the enhanced partnership will enable Mambu to build out its cloud banking capabilities and boost adoption of its cloud-native banking engine. He adds that Mambu is considering deploying other Middleware solutions such as its Messenger Bot Platform and DeepMemo Rules Engine after the launch of MPO.
Founded in 2014 and headquartered in Redwood City, California, Middleware’s customers include Western Union, TBC Bank, Tsesna Bank, and METRO.
Founded in 2011, Mambu powers more than 6,000 loan and deposit solutions, serving more than nine million end customers.
