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IDBI Intech Ltd., India's leading Digital Banking transformation player announces partnership with Lemon Advisors UK Ltd., to expand into Southeast Asia, Japan, Australia, UK & EU

MUMBAI, India, June 29, 2021 /PRNewswire=KYODO JBN/ --

India's leading Digital Banking Technology Transformation company, IDBI Intech

Ltd., announced a strategic partnership with one of UK's most definitive

technology advisory firms, Lemon Advisors UK Ltd., to extend their Fintech

products and services for the Banking & Financial Services Sector to new global

markets. Some of the standard global technology offerings by IDBI Intech

include Combating Financial crime, Payment Transformation, Digital Customer

Experience and Digital Technology Integration, among others.

Logo - https://mma.prnewswire.com/media/1553357/IDBI_Intech_Logo.jpg  

IDBI Intech, through its "Compliance-as-as-service" offerings is addressing the

progressive changes in the governance, risk management and compliance

ecosystems worldwide.

Acknowledging the criticality of this partnership, Mr. Surajit Roy, MD & CEO,

IDBI Intech said, "It is estimated that the global spends by financial

institutions on regulatory compliance is projected to grow at the rate of 21%

to over US$5.6 billion by 2024 and 75% of this spending will be on financial

crime prevention and detection. We are delighted to partner with Lemon Advisors

and take our solutions to the new global markets."

This association will help IDBI Intech access global markets where it aims to

leverage the significant reach that Lemon Advisors brings on board, across the

geographies in Southeast Asia, Japan, Australia, the UK & the EU Region.

Mr. Subhash R. Ghosh, Founder and CEO of Lemon Advisors UK said, "IDBI Intech

Ltd., with its suite of disruptive products in the area of Financial Crime and

Payments, leveraging AI and ML, has achieved significant recognition and

success. It aims to build a profitable portfolio of their global revenue over

the next 18-24 months from these regions. We, at Lemon Advisors UK are

extremely proud to be their Advisory partner."

IDBI Intech Ltd. based in Mumbai, India is a Digital Fintech IT company

specialising in business transformation in the Banking Financial Services and

Insurance space. It is a part of IDBI Bank which is a leading universal

commercial bank in India.

www.idbiintech.com

Lemon Advisors UK Ltd. a leading technology advisory firm based out of London,

focussing on FinTech, SpaceTech & Aviation, HealthTech as industry verticals

and offering Technology Transfer, Knowledge Transfer and IP Protection services

in over 38 countries.

www.lemonadvisors.co.uk

Contact:

IDBI Intech Ltd.

business.solution@idbiintech.com

+91 85919 11911

Lemon Advisors UK Ltd.

info@lemon-group.biz

+44 20 3289 8562

SOURCE  IDBI Intech Ltd.