Atom, the UK’s first digital-only bank, has chosen financial services developer Intelligent Environments to underpin its digital platform.
The digital-only bank will be using Intelligent Environment’s software platform to operate its front office technology, including its mobile payment applications. US technology firm FIS has been chosen to improve its back office system.
Speaking about the reasons for selecting Intelligent Environments and the Interact platform, Atom CEO Mark Mullen said:
‘‘This partnership with Intelligent Environments is a critical part of our infrastructure and our offer to customers. The Interact platform allows us to fully customise and evolve our app. This collaboration brings together two highly compatible organisations that are both determined to provide the very best of app based technology and security to customers.’’
Atom has been working hard to disrupt traditional financial institutions. Last year Atom founder Anthony Thomson partnered with Fiserv to develop a cloud-based platform that helps UK challenger banks enter the financial market.
David Webber, managing director at Intelligent Environments commented on the new partnership:
‘‘Atom is leading the way amongst a new wave of disruptive and innovative players coming into the UK financial services industry. It has a determined focus on customer security and user experience.’’
‘‘By implementing Interact with us, Atom will promptly establish a reputation for secure and swift data handling for its customers across any channel. We are incredibly excited about working with Atom.’’
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