In this article you will read about
- how the software company EUVIC developed a cloud-based loan portal for the regional bank, Landesbank Saar
- how EUVIC was able to meet the strict security and data protection requirements of a bank
- and what role the Open Telekom Cloud played in this.
The traditional financial sector is under pressure. Since the turn of the millennium, a quarter of bank branches have had to close. Internet banks are pushing their way into the market and making traditional financial institutions steal customers away. Large technology groups are also increasingly entering the mobile payment business. But the industry is reacting:
With digitalization, the financial institutions now not only want to work more efficiently – but above all they want to focus more on the customer. Like the German state of Saarland's regional bank, SaarLB, which relies on the software company EUVIC and the Open Telekom Cloud for its new loan portal for business customers.