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