Experion Technologies Partners with Tagit to Innovate Digital Banking Solutions
In a significant move towards the future of financial services, Experion Technologies, a prominent global software product engineering and digital transformation expert, has announced a strategic partnership with Tagit. Tagit, an award-winning provider of digital banking solutions based in Singapore, is well-regarded for its innovative approach in the banking sector. This collaboration aims to revolutionize the offerings of banks and financial institutions by implementing advanced digital banking solutions.
With over 20 years of experience in delivering cutting-edge digital banking services, Tagit has established a reputation for effectively enhancing the digital reach of banks. Coupled with Experion's expertise, the partnership is poised to provide unprecedented improvements to customer experiences for both retail and corporate clients alike. Together, they will accelerate the adoption of customer-centric banking, which focuses on providing tailored financial services aligned with customers' lifestyles and family needs.
A defining feature of this collaboration is the combined strength of Tagit's digital banking suite, which encompasses retail, corporate, family banking, and onboarding solutions. When integrated with Experion’s competencies in customization and localization, banks can leverage scalable solutions that foster deeper relationships with customers. Through features such as family banking, goal-based saving, and lifestyle financial management, this partnership aims to improve customer retention and loyalty significantly.
Tagit's digital banking suite is specifically designed to enable both traditional and non-traditional banks to deploy high-end digital capabilities rapidly without extensive custom development efforts. The products’ configurability and scalability simplify the digital transformation process for these banks, making advanced financial services readily accessible.
Binu Jacob, Managing Director and CEO of Experion Technologies, highlighted the importance of customer-centric banking in shaping the future of financial services. He asserted, "This partnership with Tagit provides banks with the ability to quickly embrace this transformative approach. By integrating family banking and lifestyle solutions into digital ecosystems, banks can create immersive and personalized customer experiences while ensuring compliance through Experion's customization capabilities."
Tagit's CEO, Sandeep Bagaria, expressed enthusiasm for the partnership, stating, "We are thrilled to collaborate with Experion Technologies. Their expertise in the banking, financial services, and insurance (BFSI) sector aligns perfectly with our vision of accelerating digital transformation. Together, we will empower financial institutions to offer personalized, secure, and seamless digital banking experiences, positioning them to thrive in an evolving digital landscape."
The partnership has demonstrated its effectiveness, as Tagit currently serves over 40 million users globally, including major players like Axis Bank, Citi, and MUFG. With Experion’s proven record of transformative product engineering services, the team is well-equipped to ensure seamless deployment, compliance customization, and localization of Tagit’s products. This cooperation is expected to help banks overcome integration challenges and deliver customer-focused, cutting-edge banking services.
As the financial landscape evolves rapidly, the partnership between Experion Technologies and Tagit signifies a vital step towards more dynamic and responsive banking solutions that cater to the diverse needs of customers. With an emphasis on personalized service and innovative technology, banks can expect to engage more effectively with their clientele, enhancing both satisfaction and loyalty in the process.
Through this collaboration, the future of digital banking is set up for substantial growth and improvement, promising exciting developments for financial services in the coming years.