Raiffeisen
“Can a traditional Central and Eastern European universal bank modernize its payment and digital banking infrastructure fast enough to compete with neobanks and retain customer loyalty across 11 markets?”
Raiffeisen Bank International is a major Austrian universal bank operating across 11 Central and Eastern European markets. It has increasingly invested in digital banking infrastructure, launching Raiffeisen Digital Bank as a standalone digital entity and partnering with modern infrastructure providers (Marqeta for card issuing, Wise Platform for cross-border payments) to modernize its retail and business offerings. The bank is both a consumer of embedded finance infrastructure and, through its developer portal and PSD2 APIs, an active participant in the open banking ecosystem as an ASPSP.