Mubasher: Finastra on Wednesday unveiled the launch of two new applications built on its open cloud platform FusionFabric, according to the UK banking technology giant’s statement.

Allied Payment Network built a namesake real-time bill payments app, which is used at Certified Federal Credit Union, through which funds are transferred promptly from a given user’s bank account, mitigating risk to the credit union.

Allied Payment Network’s namesake app is also designed to help financial institutions maintain and expand their customer base.

In addition, banking software company Monotto used the cloud platform in building its automated savings tool RoboSave, which traces the user spending pattern to determine how much can be saved without affecting spending habits.

“Fintechs, like Allied Payment Network and Monotto, benefit from the Fusion Store ability to market their solutions to a huge customer base through this marketplace and also from Fusion Creator, our open development environment with sandbox, for rapid application creation,” Finastra’s CTO Eli Rosner said.