10x and Westpac Partner to Launch a Robust, Scalable and Flexible Transaction Banking Platform
PR96204
LONDON, May 26, 2022 /PRNewswire=KYODO JBN/--
10x Banking ( http://www.10xbanking.com/ ) (10x), the financial technology firm
that is disrupting the core banking sector, today announces that it will deepen
its partnership with Westpac, to launch a market-leading transaction banking
platform for the bank's institutional clients.
10x Banking is going from strength to strength with clients across three
continents including the successful launch of Westpac's Banking as a Service
offering (BaaS) last year. The move into supporting Westpac's transaction
banking business is a hugely significant step in 10x's strategic growth plans
while also underlining our clients' confidence in our platform's ability to
support their ambitions.
Antony Jenkins CBE, Founder, Chairman and CEO of 10x Banking commented, "The
banking industry is experiencing a radical change and Westpac is taking a
leading role in its transformation. Using our technology to underpin the new
platform is a logical next step in its move to cloud native technology.
At 10x we've built the technology I always dreamed of when I was running
businesses in banking. We are excited to extend our partnership with Westpac."
Jeff Byrne, Managing Director of Global Transaction Services, Westpac
Institutional Bank commented, "Our clients are on the digital transformation
journey and are looking for ways to use data to improve working capital. We
want to empower them by maximizing access to real time data across a range of
sophisticated cash management structures."
For more information:
Gary Webb - PR Manager
10x Banking
Email: hello@10xbanking.com
SOURCE: 10x Banking
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