Facilization to Lead Komercijalna Banka’s Payment Transformation with Oracle Banking Payments Suite
Skopje, North Marcedonia – April 23, 2025 – Facilization is proud to announce it has been selected by Komercijalna Banka, one of North Macedonia’s most important financial institutions, to lead the implementation of the Oracle Banking Payments Suite, an ambitious digital transformation initiative that will enhance the bank’s payments infrastructure and deliver a superior payment experience to both existing and future customers.
This strategic collaboration highlights Facilization’s role as a trusted partner for financial institutions seeking to advance their systems and leverage next-generation digital capabilities. Through the implementation of Oracle’s advanced payment technology, Komercijalna Banka will streamline its operations, enhance transaction speed and security.
The bank’s decision to implement the Oracle Banking Payments Suite is part of a broader strategy to further modernize its payment ecosystem—enabling even faster, more secure transactions, optimizing technology costs, and ensuring ensuring ISO 20022 compliance in domestic and cross border payments, as well as SEPA scheme compliance. The suite also brings AI-powered analytics to support smarter decision-making and personalized services.
“The latest changes in the payment landscape are transforming financial services, allowing banks to deliver hyper-personalized experiences and enhance operational efficiency like never before,” said Gjergji Guri, founder and CEO of Facilization. “By combining our deep expertise in banking technology implementation with Oracle’s state-of-the-art technology, we are equipping Komercijalna Banka with the solutions needed to meet customers’ evolving expectations, while being ready for SEPA payments”.
This partnership represents a significant technology investment for Komercijalna Banka and marks a crucial step in its journey toward becoming a regional leader in digital banking.
Facilization’s implementation approach will follow an accelerated timeline, leveraging the banking domain expertise and Oracle partnership to deliver tangible results swiftly and effectively.
“By adopting Oracle’s Banking Payments platform, we are taking an important step towards further modernizing our operations and delivering unparalleled value to our customers,” said Nikola Dzambazovski, Ph.D., Chief Sales and Development Officer and Member of the Board of Directors, Komercijalna Banka AD Skopje. “In line with our vision to strengthen our leadership in digital banking innovation, the collaboration with Oracle will enhance our payment services by leveraging their advanced platform to provide faster transactions, reinforcing our focus on excellence and customer satisfaction.”
About Komercijalna Banka
Komercijalna Banka AD Skopje is a leading financial institution in North Macedonia, providing innovative banking solutions to individuals, businesses, and organizations. Known for its commitment to digital transformation, the bank is a key driver of financial growth in the region. The bank has been recognized multiple times for its excellence, including being awarded 11 years the “Bank of the Year” award by The Banker.
About Facilization
Founded in 2009 in Tirana, Albania, Facilization is a leading IT services and software company specializing in solutions for banks and financial institutions. With expertise in RegTech and FinTech, Facilization has implemented, migrated, and customized financial solutions across seven European countries. Its proprietary software is currently used by 11 banks across Europe.
