29 June 2022

Bank of London partners with SAP Fioneer

Written By FinTech Alliance

Bank of London partners with SAP Fioneer

The Bank of London, the UK’s tech-led clearing bank, has announced a partnership with SAP Fioneer.

In Brief:

The Bank of London offers a technology platform to support “borderless economic infrastructure”. 

It will utilise SAP Fioneer’s “hyper-scalable” cloud banking platform. 

This can be seamlessly integrated through an API.

What does this mean?

The result is a fully integrated, real-time solution for compliance, clearance, settlement and payments – a first in the UK, it will work for banks, FinTechs and corporations. The solution is expected to be available later this year. 

Read more here. 

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