ABC TECH’s platform LEONUS Banking digital to support ZEF’s goal in creating a new model for the financial market

ZAGREB, April 29, 2019 — ABC TECH Group, a leading banking software provider to Financial industry, announced today it has been selected as a technology partner for Cooperative for Ethical Financing (ZEF), that is in the process of setting up the first ethical bank in Croatia, to be a part of the initial stage of a new transformative financial service offering.

"Not only do we share a common vision with ZEF the ethical banking, but we also share the same vision on how the banking services should look in general, with the emphasis on completely digital "no branch" onboarding and highly personalized approach for the end users." ABC TECH Group (@ABCTECH_Group

For ZEF’s new financial project ABC TECH will be providing a Core banking system as well as LEONUS Banking digital mobile app, combining engineering and design to create a unique digital experience for their customers.

Goran Bosankić, Country Manager, Croatia at ABC TECH Group:

“We are proud to be trusted by ZEF to provide them with our flagship digital core banking solution LEONUS. Not only do we share a common vision on the ethical banking, but we also share the same vision on how the banking services should look in general, with the emphasis on completely digital “no branch” on boarding and highly personalized approach for the end users. Combined with the basic principles of ethical banking we truly believe that our collaboration will make a huge impact on the banking market. “

“In today’s digital age, new offerings are increasingly being created with a diverse eco-system of partners that bring the latest innovations,” said Goran Jeras, CEO at Cooperative for Ethical Financing (ZEF). “We are delighted to have ABC TECH as our core banking solution provider. Being a green field mobile only bank we had two paramount requirements for our future vendor: speed of implementation and modern banking vision. With ABC TECH we got both.”

About Cooperative for Ethical Financing (ZEF)

ZEF is a nonprofit organization with over 1200 members, organizations and individuals, working together to develop a democratic, transparent, just and socially and environmentally responsible economy. The combined annual income of sales of our good and services exceeds 250 million euros, and the innovative business solutions of our members are often internationally recognized.

In the four years since its founding, Cooperative for Ethical Financing is leading the charge when it comes to innovative business models — we are setting up the first ethical bank in Croatia, the first green electricity supply, and we are soon bringing exciting solutions from the world of fintech. We are increasing our membership by the day and that is the best (and our favorite) proof that we are doing a good job.

The members of the cooperative are also the co-owners of its assets and they democratically decide on all key issues regarding the cooperative and elect members of the governing bodies of the cooperative. According to criteria of regional affiliation, business specialization and areas of specialization the members are structured into regions (for member individuals) and sections (for member organizations), and upon becoming a member of the cooperative, the individual or organization chooses which region or section to become a member of, and has the right to participate in creating their respective programs and policies within ZEF.

www.zef.hr

About ABC TECH Group

ABC TECH Group is a provider of IT consulting services and software development with over 120 + IT professionals located internationally.

We are bringing platform-based solutions to large and midsized companies in Banking, Telecom as well as providing state-of-the-art solutions for start-up industry.

With the background rooted in Fintech, we build on our legacy knowledge and grow it in the areas of Transactional systems (Card transactions, Direct debit, PSD2, SEPA, GIRO) Financial systems and other 3rd party integrations, Blockchain and Smart contracting Payment systems (FIAT and Crypto), ICO startups SW development, Embedded systems, Loyalty Wallet development, E-commerce and Marketplace, Machine learning (AI) Social networks integration and many more. As part of this journey, we are working with Microsoft, IBM, Oracle, Node and more tech leaders to ensure that our clients will benefit from steady reliability and originality across solutions. We have diverse collective experience in a range of development languages and platforms. Our projects leverage the tool-kits and systems that best fit the distinct needs of our clients. We offer a full range of product, mobile and web development services for a wide variety of business domains and connect you to an effective, fully equipped team that is ready to commit from day one.


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