Overview
A leading U.S.-based bank partnered with Tech Mahindra to capture the growing B2B digital commerce market. The bank needed to provide seamless credit access for business buyers on third-party marketplaces but lacked the digital-native infrastructure to support scalable, secure embedded financing.
MoreA leading U.S.-based bank partnered with Tech Mahindra to capture the growing B2B digital commerce market. The bank needed to provide seamless credit access for business buyers on third-party marketplaces but lacked the digital-native infrastructure to support scalable, secure embedded financing.
Tech Mahindra designed and deployed a future-ready embedded finance platform integrated with a leading cloud marketplace. The solution features automated credit approvals, self-service portals, and secure API-based communication. This created a significant new revenue stream for the bank, modernized its lending infrastructure, and strengthened its position as an innovator in the B2B digital ecosystem.
LessClient Background and Challenges
- Inability to capture new revenue opportunities in the rapidly growing digital B2B commerce space.
- Struggling to address the market shift from traditional in-store business purchasing to online marketplaces.
- Lack of a digital-native infrastructure to support secure, scalable financing across third-party digital storefronts.
- Need to provide seamless credit access for business buyers without disrupting existing banking operations.
Our Approach and Solution
- Designed, developed, and launched a future-ready embedded finance platform for a leading cloud marketplace.
- Created a user-friendly borrower portal for businesses to manage applications, payments, and credit limits.
- Developed a dedicated operations portal for bank staff to manage approvals, track payments, and handle exceptions.
- Enabled pre-approved credit limits and consolidated financing for purchases from multiple vendors.
- Built the platform on a flexible, scalable microservices-based architecture.
- Integrated with third-party services for identity verification, credit bureau checks, AML, and fraud detection.
- Ensured real-time, compliant data exchange through secure APIs and an API gateway.
Business and Community Impact
- Generated significant revenue growth from financing volumes, outperforming traditional in-store lending channels.
- Expanded the bank’s digital ecosystem by enabling new partnerships with OEMs and digital storefronts.
- Established a scalable, modern, digital-native lending infrastructure for future growth.
- Enhanced customer acquisition and loyalty by providing a frictionless, integrated credit experience.
- Strengthened the bank’s brand image as an innovation-driven leader in the digital economy.