Digitalisation
Union Bank of India partners with IBM to accelerate digital transformation
Mumbai: Public sector lender Union Bank of India bank has partnered with IBM India to co-create a state-of-the-art Digital Business Platform.
"This landmark collaboration aims to establish a Digital Bank, equipped with cutting-edge capabilities that focus on omnichannel experiences, data-driven hyper-personalization, and an extensive financial services superstore designed for seamless cross-selling and upselling," the bank said in a statement.
The Digital Business Platform will also facilitate full digital journeys, providing customers with unparalleled convenience and efficiency.
The bank will embrace Open Banking capabilities, allowing for seamless integration of services across multiple partnerships, it said.
"At Union Bank of India, we are dedicated to empowering our customers with innovative products and unparalleled banking experiences. Our collaboration with IBM India Pvt Ltd represents a significant milestone in our journey towards a comprehensive Digital Transformation," said the Managing Director of Union Bank of India.
"We are committed to creating a future-ready banking ecosystem that prioritizes customer satisfaction and convenience."
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.
