Fidor and EPAM partner on digital banking solutions

Germany’s digital banking solutions provider Fidor, which launched a challenger bank in the UK in September 2015, has signed a partnership agreement with software engineering specialist EPAM Systems. The agreement was signed at Fidor’s new technology hub in Dubai and the company said that the partnership “will offer Fidor access to EPAM’s pool of highly-skilled technical resources for specific project collaborations”.

“The concept of digital and community-based banking is getting lots of traction amongst financial organisations. More and more banks and non-financial players wish to launch their own digital banking brand,” said Ge Drossaert, chief commercial officer and member of the board at Fidor. “Our partnership with EPAM Systems comes at perfect time, as they will join us in quickly delivering solutions to our partners across the globe. This partnership also means that Fidor is extending its footprint in supporting customers especially in the US and Asia.”