Akbank-KolayİK Salary Payment Integration Qorus Banking Innovation Awards 2018
Submitted by
Akbank
Akbank T.A.Ş. was established in Adana on January 30, 1948 as a privately-owned commercial bank to provide resources and support to the local cotton producers, with the purpose of carrying out all kinds of banking transactions and performing any kind of economic, financial and commercial attempts and activities that are...
TurkeyCategory
Offering InnovationKeyword
Open Finance & New FS players, SME Banking
Innovation presentation
Akbank aims to provide SME customers solutions for their daily operations to help them increase their efficiency. Akbank builds partnerships and integrations with fintechs and start-ups which offer value-added digital solutions focusing on SMEs pain points. Salary payments are among most challenging banking transactions which need to be simplified and digitized for effectiveness. In this context, Akbank engaged in a partnership with Kolay IK, leading cloud based SaaS company in Turkey that offers end-to-end digital HR management solutions for SMEs including payroll management. Akbank integrated into Kolay IK Payroll Management module - through Akbank Corporate Online Banking Open API infrastructure - to offer an easy, fast and online salary payment platform for SMEs. Integration enables SME customers to manage their payroll management and salary payment process digitally, conveniently, quickly and in full compliance with regulations. Thanks to this integration, SMEs that create payrolls for their employee on Kolay IK can easily facilitate salary payments via “Pay with Akbank” module within Kolay IK platform. “Pay with Akbank” module connects to Akbank Corporate Internet Branch and completes salary payments in minutes.
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