Nexi and Engineering Group to build new digital banking platform named NOVA

Nexi, Europe’s leading PayTech, and Engineering Group, a global leader in digitalizing processes for businesses and governments, have announced a strategic partnership to create NOVA, an advanced digital banking platform. This innovative platform is designed for various business segments, from SMEs to Large Corporates, boasting a configurable service portfolio and a modular, natively open, and cloud-oriented architecture.

NOVA will combine the expertise and proprietary solutions of both companies to offer the most advanced “Digital Corporate Banking” functionalities through a single platform. This will provide Enterprises with maximum flexibility, customized tools, interfaces, high scalability, and operational efficiency.

Financial Institutions will also benefit from NOVA, enabling them to personalize Digital Corporate Banking solutions for businesses through accelerated implementation of new services and an ecosystem of offerings based on their own and partner products, optimizing management costs.

The partnership will leverage Nexi’s experience in managing over 500 thousand corporate banking locations and Engineering Group’s specialized skills with its 15 thousand employees across 70 locations in Europe, the United States, and South America.

This collaboration aims to boost remote banking offerings, a strategic channel for the future of corporate and small business banking. The partnership will provide a state-of-the-art platform offering tailored solutions, flexibility, broad service coverage, modularity, and customization possibilities.

Renato Martini, Digital Banking Solutions Director at Nexi Group, stated, “This is a radical leap in the ecosystem of digital banking services for businesses.” Stefano Achermann, Vice President Financial Services of Engineering Group, added, “NOVA is our answer to the need for tailored Digital Corporate Banking that is flexible and open to continuous innovation.”

NOVA’s data-driven architecture based on APIs and micro-services ensures continuous innovation, high scalability, and multi-country operations. It offers seamless integration with partner services and a scalable Cloud solution, providing resilient performance to business jumps in scale. Intelligent engines and AI enable tailored interfaces and experiences to meet specific user needs.