Financial Sectors

Digital transformation has become essential for neobanks to apply their business model and improve the customer experience, operational efficiency, and business economics. MLabs X>Core suite is optimized every part of the neobanking value chain, and can be accessed by a non-banking service provider through MLabs agile and lean frameworks. Branchless banking is the new standard where the only infrastructure for miles around is a cell tower. MLabs B2B business model can help to extend the neo-banking offerings to increase customers engagement and achieve targeted markets. 

MLabs provides the X>Core platform for a better digitized customer experiences to support evolving customer demands. MLabs can help providing compelling complementary financial products from know-your-customer to know-your- business, to access multiple ecosystems and platforms with true functional differentiation. X>Core offers the base to remain competitive, and the agile approach for the systemic migration and deployment of a banking modernization. MLabs can provide real-time financial services to improve the banking plans for customer's relationship's lifetime value. 

X>Core can enable Mobile Network Operators (MNOs) to efficiently operate with loan origination agencies, remittance providers and innovative banks to deliver financial services to the customers as never before. For instance, in the developing world, a person’s cell phone (SIM card) is increasingly becoming an important form of identity, but it can also an efficient channel to financial services. MNOs looking to improve their performance can incorporate MLabs products as an integral part of their value supply chain to deliver digital banking. X>Core can enhance MNOs financial performance, particularly through reduction in “customer churn” and increases in Average Revenue Per User (ARPU).