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Interswitch, Penguin Solutions Team Up with Nigerian Banks

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Interswitch and Penguin Solutions Forge Stronger Partnerships with Nigerian Banks

In a significant move to strengthen collaboration and support the ongoing digital transformation within Nigeria’s financial services sector, representatives from Penguin Solutions and Interswitch recently engaged in high-level visits to First Bank, Access Bank, and Zenith Bank. These courtesy calls underscore the commitment of both companies to solidify their partnerships and advance technological advancements within the Nigerian banking ecosystem.

Leveraging Cutting-Edge Technology for Banking Innovation

The recent acquisition of Stratus Technologies by Penguin Solutions marks a new phase in its collaboration with Interswitch, a leading player in digital payments and infrastructure solutions. Interswitch currently utilizes Stratus Technologies’ advanced infrastructure offerings, now integrated under the Penguin Solutions umbrella, to bolster the digital transformation initiatives of Nigerian banks. These solutions are vital as banks scale their operations and adapt to evolving customer needs. The technologies provided include private cloud storage, data center infrastructure, and AI-ready platforms that enable banks to meet regulatory requirements and deliver improved customer experiences. The visits provided a platform for both Penguin Solutions and Interswitch to reaffirm their commitment to delivering superior solutions and ensuring Nigerian banks remain at the forefront of financial innovation.

Keywords

Related Keywords: Interswitch, Penguin Solutions, Nigerian Banks, banking partnerships, fintech collaboration, financial technology, digital payments, Interswitch Penguin partnership, bank integration, Nigerian financial sector

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