#None #digital banking #Experion Technologies #Tagit

Transforming the Future of Digital Banking

Introduction

In a monumental collaboration that promises to reshape the landscape of digital banking, Experion Technologies, a leading player in software product engineering and digital transformation, has joined forces with Tagit, an acclaimed digital banking solutions provider based in Singapore. This partnership aims to revolutionize banking and financial services institutions through advanced, customer-centric digital solutions.

The Vision Behind the Partnership

Having amassed over two decades of experience, Tagit has established itself as a pioneer in delivering cutting-edge digital banking offerings. Through this partnership, Experion seeks to empower banks to elevate their digital outreach, offering exceptional experiences to both retail and corporate clients. The industry is witnessing a significant shift towards personalized banking solutions that better align with the lifestyles of modern consumers.

Customer-Centric Banking Approach

One of the key drivers of this partnership is the adoption of Customer-Centric Banking. This innovative strategy emphasizes understanding customer needs and delivering personalized, lifestyle-oriented financial services. By integrating tailored, omnichannel banking experiences into the daily lives of users, this approach marks a departure from traditional banking methods.

Tagit's comprehensive Digital Banking Suite—which includes retail, corporate, and family-oriented banking solutions—will be combined with Experion's expertise in integration, customization, and localization. This merger aims to offer scalable solutions that foster deeper customer relationships. Enhanced features like family banking, goal-focused savings programs, and lifestyle financial management are designed to enhance engagement and loyalty among customers.

Seamless Digital Transformation

The Digital Banking Suite offered by Tagit is crafted to enable both traditional and challenger banks to swiftly adopt high-end digital capabilities, all while minimizing the need for extensive custom development. Its configurable and scalable design empowers banks to navigate the digital transformation journey without the common pitfalls of lengthy implementation processes.

Leadership Insights

Binu Jacob, the Managing Director and CEO of Experion Technologies, expressed, "Customer-Centric Banking is the future of financial services. Our partnership with Tagit allows banks to swiftly embrace this transformative method. By seamlessly integrating family and lifestyle banking into digital ecosystems, banks can craft personalized experiences that not only elevate customer loyalty but also ensure compliance through custom solutions offered by Experion."

Sandeep Bagaria, the CEO of Tagit, added his enthusiasm about the collaboration, stating, "We are excited to partner with Experion Technologies. Their expertise in the Banking, Financial Services, and Insurance (BFSI) sector complements our shared vision of accelerating digital transformation for financial institutions. Together, we will enable these organizations to deliver secure, streamlined, and personalized banking experiences that align with the evolving expectations of today's consumers."

Proven Success Across the Globe

Tagit’s digital solutions currently serve over 40 million users worldwide, including major institutions such as Axis Bank, Citi, and MUFG. Through Experion’s proven track record in transformative product engineering, this partnership will ensure the successful deployment, compliance customization, and localization of Tagit's offerings. By addressing integration challenges, financial institutions can adopt cutting-edge banking services that resonate with customer needs, driving satisfaction and retention.

Conclusion

The alliance between Experion Technologies and Tagit signifies a pivotal moment for digital banking. By harnessing the strengths of both organizations, banks will be able to navigate the complexities of the digital landscape while prioritizing customer demands. As the financial sector embraces this new paradigm, consumers can expect to experience a future of banking that is not only more personalized but also more engaging and responsive to their diverse needs.