Case Study: a global fintech firm achieves multi-currency, cross-border digital wallet capabilities with Persistent Systems

Establishing a Multi-Currency, Cross-Border Digital Wallet Solution for Fintech Firm

Persistent Systems helped a global fintech firm, a full licensed and regulated electronic money institution based in Malta, build an agile, secure, and reliable digital wallet solution for cross-border, multi-currency transactions. The firm needed complex third-party integrations, rule-based KYC and fraud workflows, and compliance across multiple jurisdictions.

Persistent Systems delivered a greenfield digital payments platform using webMethods.io, AWS services, and API.io, integrating six SaaS providers including Mambu, Noto, Banking Circle, and Twilio. The solution automated 10 key banking processes, improved customer satisfaction by 95%, achieved zero downtime since go-live, and strengthened the firm’s reputation as a technology-first digital banking provider.