Transforming Digital Banking Solutions: Experion and Tagit's Strategic Alliance
Partnership Overview
On February 10, 2025, Experion Technologies, a global leader in software product engineering and digital transformation, announced a groundbreaking strategic partnership with Tagit, an award-winning provider of digital banking solutions based in Singapore. This collaboration aims to significantly enhance the offerings of banks and financial institutions through sophisticated digital banking solutions designed to cater to modern customer needs.
Tagit's Innovative Background
With over 20 years of experience, Tagit is renowned for its innovative digital banking solutions that streamline services and enhance customer experiences. This partnership will enable banks to strengthen their digital presence comprehensively, ensuring that both individuals and businesses receive top-notch service.
Customer-Centric Banking Approach
The collaboration promotes a customer-centric banking approach—transforming how financial services are delivered by focusing on personalization and lifestyle-oriented solutions. Moving beyond traditional banking methods, this partnership introduces tailor-made omnichannel experiences into the daily lives of users.
By merging Tagit's comprehensive digital banking suite—which encompasses retail, corporate, family banking, and concierge services—with Experion's expertise in system integration, customization, and localization, financial institutions can deploy scalable solutions that foster deeper client relationships. Features such as family banking services, goal-oriented savings, and lifestyle financial management are set to enhance customer retention and loyalty, ultimately leading to improved service delivery.
Seamless Digital Transformation
Tagit's digital banking suite is designed to empower both traditional banks and neobanks to launch high-end digital capabilities rapidly without significant custom development requirements. The configurability and scalability embedded within these products streamline the digital transformation journeys of banks, ensuring efficiency and speed in adopting new technologies.
Insights from the CEOs
Binu Jacob, CEO of Experion Technologies, emphasized, "Customer-centric banking represents the future of financial services. Our partnership with Tagit allows banks to swiftly embrace this transformative approach." He further explained how integrating family and lifestyle banking services into digital ecosystems enables financial institutions to create immersive, personalized experiences while fulfilling regulatory compliance through Experion's customizations.
Sandeep Bagaria, CEO of Tagit, expressed his excitement about the partnership, stating, "We are thrilled to collaborate with Experion Technologies. Their expertise within the banking, financial services, and insurance sectors aligns perfectly with our vision to accelerate digital transformation among banks. Together, we will empower financial institutions to deliver seamless, secure, and tailored digital banking experiences, positioning them for success in an ever-evolving digital landscape."
Proven Partnership Success
Tagit boasts digital solutions that securely cater to over 40 million users worldwide, including major institutions like Axis Bank, Citi, and MUFG. With a reputation for transformative engineering services, Experion will ensure smooth deployment, customized compliance, and localized adaptations of Tagit's products. This concerted effort will help banks overcome integration challenges, providing customer-centric and advanced banking services.
This strategic partnership between Experion Technologies and Tagit marks a significant milestone in the evolution of digital banking. Financial institutions can look forward to enhanced operational efficiencies and the ability to meet their clients' ever-growing demands through innovative service delivery.