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Teachers Building Society selects Finastra's Fusion Essence Cloud to digitally enhance customer journey


Teachers Building Society selects Finastra s Fusion Essence Cloud to digitally enhance customer journey
- Fusion Essence Cloud will automate core processes and digitalize the end-to-end customer journey to support growth in mortgage lending and savings
LONDON, Aug. 4, 2021 /PRNewswire/ Finastra today announced that UK-based specialist building society, Teachers Building Society, has selected Fusion Essence Cloud, its next-generation Software as a Service (SaaS) core banking solution, to deliver a new core and digital banking service. Fusion Essence Cloud will help Teachers Building Society (Teachers BS), the first-ever UK building society customer to invest in the solution, process significantly higher volumes of mortgages, savings applications, and money transfers; enabling the firm to continue to grow its member base through an enhanced customer experience. ....

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Glenhawk selects Finastra's Fusion Essence Cloud to drive customer engagement


Glenhawk selects Finastra s Fusion Essence Cloud to drive customer engagement
- Fusion Essence Cloud will automate core processes, deliver efficiencies and insightful management information to support growth in property lending
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LONDON, May 19, 2021 /PRNewswire/ Finastra today announced that UK-based property finance specialist, Glenhawk, has selected Fusion Essence Cloud, its next-generation banking solution, to support its growing lending business, by maximizing the operational efficiency of the loan approval and completion process. Fusion Essence Cloud will give Glenhawk a complete view of its lending portfolio, delivering accurate management information in real time, in one place – enabling it to manage its business proactively and grow additional revenue streams. ....

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Fintech Finastra's Fusion Cloud Core Banking Helps Firms Quickly Deploy Digital-First Banks, Company Exec Explains


May 3, 2021 @ 7:53 am By Omar Faridi
The Coronavirus crisis has accelerated digital transformation across the world, including the APAC region, which has resulted in many bank branch closures.
There’s also been a significant increase in retail banking activities that’s supported by all-digital challenger banks. These virtual banks are digital-first and are usually more focused on improving customer experience (CX) than incumbents.
Despite the socioeconmic challenges created by the COVID-19 outbreak, many new banking challengers have been able to grow their client base due to many more consumers engaging in online shopping and performing digital transactions.
In order to stay ahead of the competition, Fintech challengers may want to consider a faster launch, as it could help test the viability of their product offerings – which can improve the ability to cater to customer requirements. ....

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