• Published on 30 May 2017
• 3218 Views
• Print

Backbase partners with eWise to enrich their online banking platform with account aggregation capabilities in Europe and Southeast Asia

Backbase, the omni-channel digital banking platform leader, and eWise, a financial data aggregation specialist, announces their partnership via the Backbase "Open Banking Marketplace". The Open Banking Marketplace is a Backbase initiative that offers clients the option of selecting from numerous best-of-breed applications to integrate into the Backbase digital banking environment.

eWise's Aegis data aggregation platform is now available to integrate within the Backbase digital banking platform. The new integration will enrich digital banking experiences and help consumers and businesses get a full picture of their financial health. Backbase delivers an application programming interface (API) driven architecture, enabling financial institutions to be ready for the future of banking.

eWise is integrating its patented Aegis data aggregation platform into the Open Banking Marketplace, fulfilling Backbase’s vision to provide a truly comprehensive digital banking experience for end-users. The Aegis platform allows consumers to aggregate, manage and share their financial accounts from multiple institutions. Consumers can access their bank accounts, investments, pension funds, utility providers, credit cards and loyalty programs all on one screen. The eWise Aegis platform gives developers the tools to connect to all of their users’ bank accounts simply. Aegis is a hub for financial data aggregation that can be quickly integrated within the existing Backbase banking platform. The Aegis solution has already been adopted by Westpac.

David Hamilton, CEO of eWise, said that “through integrating the eWise Aegis platform into the Open Banking Marketplace, we can further help financial institutions to transition to open banking. The eWise Aegis platform offers a global approach to easily connect all of the users’ accounts.”

“By adding eWise Aegis platform to our Open Banking Marketplace, we are able to offer European, Asian and Australian financial institutions a powerful account aggregation solution to upgrade their digital banking platform,” Jouk Pleiter, CEO & Co-Founder of Backbase said.

Re-disseminated by The Asian Banker