IDBI Intech Ltd., India’s leading digital banking transformation player, announces a partnership with Lemon Advisors UK Ltd., to expand into South East Asia, Japan, Australia, UK and the ‘EU
Mumbai, India, June 29, 2021 / PRNewswire / – india IDBI Intech Ltd., a leading digital banking technology transformation company, has announced a strategic partnership with one of the UK’s most definitive technology consultancies, Lemon Advisors UK Ltd., to develop ” extend its FinTech products and services for the banking and financial services industry to new global markets. Some of IDBI Intech’s standard global technology offerings include tackling financial crime, payments transformation, digital customer experience, and digital technology integration, among others.
IDBI Intech, through its “Compliance-as-as-service” offers, responds to progressive changes in governance, risk management and compliance ecosystems around the world.
Recognizing the criticality of this partnership, Mr. Surajit Roy, Managing Director and CEO, IDBI Intech said, “It is estimated that the gglobal spending by financial institutions on regulatory compliance is expected to increase by 21% to over 5.6 billion US dollars by 2024 and 75% of this spending will be devoted to the prevention and detection of financial crime. We are delighted to partner with Lemon Advisors and bring our solutions to new global markets. “
This association will help IDBI Intech to access global markets where it aims to leverage the significant reach that Lemon Advisors brings, in geographies of South East Asia, Japan, Australia, UK and the EU region.
Mr. Subhash R. Ghosh, Founder and CEO of Lemon Advisors UK said, “IDBI Intech Ltd., with its suite of disruptive financial crime and payments products leveraging AI and ML, has achieved significant recognition and success. It aims to build a profitable portfolio of their global revenues over the next 18-24 months from these regions.At Lemon Advisors UK we are extremely proud to be their advisory partner.
IDBI Intech Ltd. situated at Mumbai, India is a digital FinTech IT company specializing in business transformation in the field of financial banking and insurance services. It is part of IDBI Bank, one of the leading universal commercial banks in India.
Lemon Advisors UK Ltd. a leading London based technology consultancy, focusing on FinTech, SpaceTech & Aviation, HealthTech as industry verticals and providing technology transfer, knowledge transfer and protection services intellectual property in more than 38 countries.
IDBI Intech Ltd.
+91 85919 11911
Lemon Advisors UK Ltd.
+44 20 3289 8562
SOURCE IDBI Intech Ltd.