We’re thrilled to announce that Tuum and LHV Bank have won the IBSi Global Finance Innovation Award for Best Core Banking Implementation!🚀🏆 Read more about this success👇 https://lnkd.in/gsGsWFZp
🏆 Tuum and LHV Bank Win IBSi Global Finance Innovation Award for Best Core Banking Implementation 🏆 We’re proud to share that Tuum, in collaboration with LHV Bank, has been awarded the prestigious IBSi Global Finance Innovation Award for Best Core Banking Implementation! A huge congratulations to LHV Bank on this incredible achievement. This award recognizes our successful partnership in transforming LHV’s core banking system in the UK—a pivotal step in securing their UK banking license. Together, we replaced their legacy infrastructure with Tuum’s cloud-native, API-first platform, enabling: ✅ Seamless migration of millions of customer accounts within just two months. ✅ Launch of innovative financial products, including personal savings accounts and SME lending. ✅ Processing of 7% of all European real-time payments in the first year. ✅ Allocation of 75% of LHV Bank’s IT budget to customer value and innovation. We’d also like to extend our gratitude to IBS Intelligence for this recognition—it’s an honor to be celebrated for driving innovation and operational excellence in the banking industry. 💡 Learn more about this milestone and the impact of our collaboration: https://lnkd.in/gsGsWFZp Here’s to pushing the boundaries of financial technology and shaping the future of banking together! 🚀