Bank Jago to become first fully digital bank in Indonesia

Envision Bank has teamed up with financial technology company ZSuite Technologies to expand its digital offerings to include ZRent and ZDeposit.

The tech vendor said that its products will enable the bank’s account holders to streamline their payment collection and management capabilities.

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It is particularly aimed at meeting the requirements of the landlords and property managers in the bank’s customer base as pandemic made it tough to open and manage a landlord tenant account.

Envision Bank senior vice president of retail banking and corporate marketing Richard Olson said: “We believe in a ‘People and Tech’ approach that makes banking fast and efficient. Through our partnership with ZSuite, we’re able to further this belief by solving time-consuming problems for our customers.

“With an incredibly timely and smooth implementation process, ZRent and ZDeposit have provided us a new way to offer exceptional value to our account holders.”

ZRent and ZDeposit are SaaS solutions designed to offer banks with all-digital products that make everyday payment and deposit collection “easier, faster and more compliant”.

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ZSuite CEO Nathan Baumeister said: “Our mobile-ready, easy-to-use tools provide financial institutions, like Envision Bank, with innovative technology for specific verticals to grow their bank or credit union.

“At ZSuite, we understand the importance of developing a portfolio of products that serve customers’ evolving needs, while maintaining a unique position in the marketplace. We are proud to partner with Envision Bank and look forward to continuing to provide optimal value through our tailor-made products and support.”