Alpha Payments Cloud, the fintech vendor management platform that simplifies the use of current vendors and exposes new payments, risk and commerce providers via a single interface, has been awarded the Fin5ive Payments Award at BankTech Asia, in association with global fintech matchmaking firm Matchi.
“What Alibaba did for buyers and suppliers, namely expose and bring them together on one simple platform, we aim to do for the Fintech industry. Keeping up with today’s ever expanding solution landscape is nearly impossible for banks and payment gateways, nor should they as they need to focus on investing and building out their core offering. However, that doesn’t change the fact that merchants still require these connections and the providers can either be part of this new digital commerce journey and make this happen, or stay the course and ask what just happened?,” commented Oliver Rajic, CEO of APC.
The AlphaHub enables Banks and Payment gateways to enhance their current solutions and platforms in a non-disruptive fashion, and introduces a single API and UI to allows banks and PSPs to easily connect their merchants with any vendor spanning across the full payments, identity, fraud, risk management and commerce services spectrum.
“Being selected as BankTech Asia’s payment platform of the future further validates Alpha’s position as Fintech’s next ‘it’ platform. The Asian region in particular has recognized the need for simplified fintech architecture. APC not only helps to foster innovation by exposing new vendors who previously would become trapped in the supplier and IT approval process spiral, but also drastically reduces operational costs. Having 100’s of vendors at your fingertips evolves the providers into solution consultants that can draw from a vast functionality pool, in comparison to the dated way of picking a single big name vendor and being completely dependent on them and limited by their roadmap.”
The award was presented to Alpha Payments Cloud CEO, Oliver Rajic by Malaysian Deputy Finance Minister Othman Aziz at the BankTech Asia event on July 6th in Kuala Lumpur, Malaysia.