ThoughtBox Online Services enters MOU with Yalamanchilli Solutions for Payments

Partnership Announcement: ThoughtBox Online Services enters MOU with Yalamanchilli Solutions for Payments

Thoughtbox Online Services Pvt Ltd and Yalamanchili Solutions for Payments (YSP) sign Memorandum of Understanding to foster Strategic Partnership.

Yalamanchilli the global leaders in payments, cards and customer delivery channel solution providers having Head Quarter in Singapore with regional offices in UAE, London, India, Philippines & Dallas and presence in more than 30 countries, entered into a strategic partnership with ThoughtBox the pioneers in enabling Financial Core Systems, Compliance & Mobile Application solutions to financial institutions with strong presence in Middle East, South Africa, Canada and Africa regions.

The partnership is to leverage each other’s strengths and expertise to provide innovative and unique experience to their customers. With this collaboration, both the companies will be working together to provide cutting edge solutions and unified experience to their customers. The talents will be working together to create a complete echo system for Cross Border Payments, Forex, Cards, WPS and Payment Solution systems focusing on digital transformation.

“Together, we will explore new opportunities, drive technological advancements, and set new benchmarks in our industries. We are entering into an agreement to support and work together in technology & business. Which will help our clients to enable their digital transformation with a strong system backup and advise from the domain experts. The partnership with ThoughtBox Online Services Pvt Ltd is a great step towards our journey in the financial industry” said Mr.Ramkumar Sekar, Director of Yalamanchili.

“We are thrilled to partner with Yalamanchili, a company that shares our vision and values. This collaboration will enable us to expand our offerings, enhance the capabilities, and deliver even greater value to our customers. We are excited about the opportunities this partnership will bring and look forward to a prosperous future together.” said Mr. Pradeep Balakrishnan, CEO of ThoughtBox.

About Yalamanchili:

YALAMANCHILI is a global firm, provides application software products specializing in IT solutions in the area of middleware technologies, transaction processing, card payments, banking solutions and customer delivery channels; e.g., ATM, KIOSK, point-of- sale terminals, internet, and mobile banking. Conceptualization, design, development and implementation of the NARADA®Solutions across international borders gives YALAMANCHILI the experience to create end-to-end scalable solutions enhanced by innovation and expertise, offering large and small clients a one-stop partner for their IT solutions and needs.

About ThoughtBox:

ThoughtBox is a leading IT product engineering company with a decade-long commitment to revolutionizing the financial technology landscape. The core focus lies in crafting cutting-edge solutions that enhance convenience, efficiency, and security for both Non-Banking Financial Institutions (NBFIs) and Financial Institutions (FIs). With a proven track record in cross-border payments and forex technology, ThoughtBox is at the forefront of redefining FinTech. The comprehensive suite of services encompasses SaaS, mobile applications, middleware API tools, AML screening solutions, eKYC, smart contracts, blockchain technology, wallet solutions, joint engineering, and digital banking solutions.