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Fidor joins forces with EPAM Systems to drive innovation

Fidor, the German digital banking solutions provider behind Fidor Bank, has signed a partnership with US-based technology provider EPAM Systems to extend its footprint in strategic regions.

EPAM, a product development and digital platform engineering services firm, caters customers in over 25 countries across North America, Europe, Asia, and Australia. The firm is currently expanding presence across the MENA region.

Fidor said that the alliance will help it gain access to EPAM's pool of technical resources for specific project collaborations.  

Fidor chief commercial officer and member of the board Ge Drossaert said: “More and more banks and non-financial players wish to launch their own digital banking brand based on our Fidor OS platform in addition to build their own app store using Fidor's Finance Bay Fintechs ecosytem. We have the privilege to have signed exclusive agreements with prestigious brands which will truly change the way we bank.

“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."

Fidor offers digital banking such as middleware solutions, community based-banking, banking license shelter, customer support, marketing and customer acquisition services in a hosted environment or via cloud. The company has operations in Munich, Berlin, Dubai, Singapore and New York and serves a diverse client base including banks, telcos and commerce.

EPAM CEO and president Arkadiy Dobkin said: “The combination of our deep expertise in current and emerging fintech, along with our long history in the banking and financial services industry and Fidor's digital banking expertise will strongly benefit customers focused on delivering advanced innovations with speed and efficiency."

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