UBS Switzerland AG and Yokoy Group AG have entered into a partnership. Together with UBS, Yokoy allows large companies to fully automate the complicated processes of spend management.
By integrating credit card transactions into the Yokoy app, clients can benefit from automatic data reconciliation, which enables efficient spend management. As a next step, credit card management will also be simplified: common tasks - blocking cards or ordering replacement cards and PIN codes - can also be done via the Yokoy app at the click of a mouse.
Alain Conte, Head of UBS Corporate & Institutional Clients Switzerland comments: "Working with an innovative fintech company is central to the further development of our digital banking services. The partnership with Yokoy ideally complements our corporate card solutions offering, as our clients with large transaction volumes can now benefit from a strikingly simplified management of their business expenses."
The partnership between Yokoy and UBS is future-oriented. Together, the two companies will give new momentum to digitalisation in the financial sector. In the near future, this partnership will open up new possibilities in the area of spend management for all clients. According to a blog post on the Yokoy website more news are to come soon.
(Press release / SK)
Please login or sign up to comment.
Commenting guidelines