GFT and Bank Leumi’s ‘FinTeka’ partnership: A model for Open Banking innovation

The collaboration between GFT and Bank Leumi has resulted in the successful launch of FinTeka, an innovative Open Banking marketplace that leverages AWS’s robust cloud infrastructure.

This partnership showcases GFT’s ability to integrate cutting-edge technologies and deliver secure, scalable solutions that drive fintech innovation.

GFT’s expertise in cloud architecture has been crucial in implementing AWS technologies such as Kinesis Firehose and API Gateway. These tools provide real-time data streaming and secure API management, ensuring that FinTeka operates efficiently and securely.

By utilizing AWS, FinTeka offers a flexible and scalable platform that can accommodate growing demands and a diverse range of APIs.

The success of FinTeka is a testament to GFT’s strategic approach to technology implementation. GFT has not only provided the technical framework but also strategic guidance, helping Bank Leumi navigate the complexities of the financial industry.

This comprehensive support has enabled FinTeka to expand rapidly, attracting a vibrant community of over 2,000 developers and fostering a dynamic fintech ecosystem.

One of the significant advantages of this partnership is the enhanced ability to comply with regulatory requirements.

GFT’s experience in the financial sector has ensured that FinTeka’s development aligns with local and international regulations, reducing barriers to entry for new fintech startups. This compliance support is essential for maintaining the platform’s integrity and fostering trust among users.

GFT’s collaboration with Bank Leumi on FinTeka highlights the importance of leveraging advanced technologies and strategic partnerships to drive innovation in Open Banking.

The success of FinTeka demonstrates GFT’s ability to deliver solutions that meet industry needs while setting new standards for future developments in fintech. For more details, visit the GFT success story.

Want to discuss partnership opportunities with GFT? Catch GFT at Open Banking Expo Canada on June 11, on the exhibition floor and on the Open Finance Stage at 12pm. Check out the agenda and register for your ticket here.