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SweepBank: Launches on Tuum to Bring “Netflix Experience” to the Banking Industry

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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

SweepBank: Launches on Tuum to Bring “Netflix Experience” to the Banking Industry

  • SweepBank, a customer-centric digital banking service offered by Ferratum Bank p.l.c.
  • Announced it is using Tuum’s next-generation core banking platform to deliver what it calls the “Netflix experience” to the banking industry
  • Utilising Tuum’s banking core, lending, and card capabilities, as well as European SEPA and international FX payments over Swift
  • Based on their spending and saving habits, customers will receive personalised offers to optimise the way they manage their money
  • This is what Tuum is all about: providing a robust set of functionalities, at lightspeed
  • Tuum was selected for the broad functional coverage of its platform as well as its modern, flexible approach to core banking
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