Aurionpro secures major banking order in Saudi Arabia, Joget unveils AI-powered solutions

Aurionpro Solutions Limited has secured a significant order with one of the largest banks in the Kingdom of Saudi Arabia (KSA) to modernise their corporate banking technology through the deployment of its iCashpro+ transaction banking platform. This partnership is aimed at refining the bank’s operations and enhancing its digital services, ultimately fostering innovation and bolstering customer relationships in line with the KSA’s Vision 2030 initiative.

Aurionpro, which has thus far made notable advancements in digital transformation across the global transaction banking sector, emphasises that this order marks its second major win in KSA within a single year, indicating the company’s growing prominence in the region.

The iCashpro+ solution features a range of capabilities that streamline transaction banking processes. Its flexible architecture enables prompt launches of new products and services, and it incorporates AI-driven automation that is expected to significantly elevate customer service levels. Furthermore, it allows for seamless integration with existing banking systems and boasts an intuitive user interface designed to enhance the overall customer experience.

Sandeep Chiber, EVP Sales at Aurionpro, articulated the significance of this collaboration, stating, “We are thrilled to partner with this prestigious bank in the KSA, reinforcing our intent to become a key player in the region’s financial technology landscape.” He further highlighted the advanced functionalities offered by the iCashpro+ platform, asserting that it is reflective of Aurionpro’s commitment to driving innovation.

In a parallel development within the tech sector, Joget has launched a new AI-powered White Label Solution targeted at digital solutions companies. This platform aims to expedite the creation of fully branded applications, enabling companies to develop custom digital solutions more efficiently and remain competitive in the market. The integration of low-code/no-code capabilities with generative AI is a key feature, facilitating shortening software development lifecycles while allowing for rapid solution deployment.

The Joget White Label Solution prioritises cost efficiency and scalability, aiming to support businesses from startups to large enterprises in managing high transaction volumes. Companies can tailor the platform to reflect their brand identity while maintaining ownership of the solutions they create. Alex Dobson, Head of Growth of Joget, described the necessity of such platforms, stating, “Digital solutions companies today need more than off-the-shelf solutions; they need platforms that align with their brand and deliver value to their customers.”

Notably, Joget positions itself as a partner for rapid application development, capable of empowering both technical and non-technical teams. The introduction of generative AI enables organisations to turn ideas into functional applications swiftly, thereby increasing operational efficiency.

One of the practical applications of this innovation includes the Hashgraph Application Studio (HAS), a white-labeled platform developed in collaboration with Hedera, designed to streamline blockchain application development. This example underscores Joget’s capacity to cater to specific industry challenges through effective use of technology.

Joget’s adherence to GovStack’s software requirement standards further solidifies its involvement in supporting government digital transformation initiatives, illustrating the company’s commitment to meeting global standards. Raveesh Dewan, President and CEO of Joget, remarked on this achievement, stating, “This achievement reinforces Joget’s position as a trusted partner for government transformation.”

Through these developments, both Aurionpro and Joget are underlining the pivotal role of automation and advanced technology in enhancing operational efficiencies and driving growth in various industries, contributing to the ongoing digital transformation landscape.

Source: Noah Wire Services