April 29, 2024 09:22 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
'Not joining any other party': Arvinder Singh Lovely after resigning as Delhi Congress chief | Bus carrying 36 people erupts in flames in Mumbai-Pune Expressway, all passengers safe | Amid Congress' Amethi indecision, Robert Vadra says 'Entire country wants me to join politics' | Arrested Delhi CM Arvind Kejriwal's wife Sunita Kejriwal gets major role in AAP | Two CRPF personnel killed in suspected attack by Kuki militants in Manipur

Community Savings Bank Association, UK selects TCS BaNCS on the Cloud

India Blooms News Service | | 23 Feb 2017, 05:11 pm
Mumbai, Feb 23 (IBNS): Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization, has on Thursday announced that Community Savings Bank Association (CSBA) has selected TCS BaNCS on the Cloud as the core banking solution for its member banks across the entire United Kingdom.

The vision of CSBA is to have a local network of customer owned, regional banks that create and support wealth creation in local communities.

James M. Moore, Chairman of the Community Savings Bank Association, said “CSBA will introduce a UK-wide network of customer-owned, regional banks in each of the 19 defined regions to serve the everyday financial needs of ordinary people, local community groups, and also support small and medium sized companies. A secure, robust and flexible IT infrastructure is crucial for our operations and TCS BaNCS emerged as the most compelling choice.”

S. Sambamurthy, Head UK & Europe, TCS Financial Solutions, said, “The vision of Community Savings Bank Association is customer-centric wealth creation and a cloud deployment will allow local banks to be nimble in offering tailored products to their customers. TCS BaNCS will enable CSBA to drive both client centricity and implement state of the art digital solutions.”

TCS BaNCS on the Cloud is a digital banking solution designed to meet the market requirements in the UK. The solution is a fully integrated, Omni-channel platform providing banking, cards and payments functions. With the solution CSBA’s member banks will be able to offer full service banking for loans, deposits, mortgages and current accounts. All services are delivered through TCS BaNCS digital channels, branch network and smart kiosks.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.