Rabobank taps Zafin to upgrade pricing, billing and invoicing capabilities
Netherlands-based Rabobank has selected Software-as-a-Service (SaaS) core modernisation and transformation solutions provider Zafin to upgrade its pricing, billing and invoicing capabilities.
Rabobank partners Zafin
Zafin says the new partnership will see the Dutch bank leverage its tech to provide its internal teams with a “consistent view of product, billing and invoicing information across all channels” to help bring down the cost of creating, changing and launching new product propositions and pricing for its 9.1 million retail and corporate clients.
Rabobank’s tech transformation to date includes the integration of the allNETT and DOKA-NG solutions from Surecomp and the digital financial planning tools of InvestCloud in 2022 and, more recently, a partnership with Dejamobile in March for its white-labelled ReadyToTap Payment for Merchants solution.
The bank also appointed Alexander Zwart as chief innovation and technology officer last year to drive its digital transformation and innovation.
Speaking on the bank’s latest initiative, Paul Wolda, payments manager at Rabobank, claims the partnership with Zafin “reinforces our commitment” to invest in new technologies that “modernise our legacy applications, drive operational efficiencies, lower costs, and offer our clients a more personalised and sophisticated banking experience”.
Zafin, which already boasts partnerships with several global banks including HSBC, ANZ, ING, Wells Fargo, and more, was acquired by private equity firm Nordic Capital for an undisclosed sum earlier this year.
