Moral, UK-based financial savings and mortgage Charity Financial institution introduced a strategic partnership with digital banking options supplier Sandstone Expertise to energy improvement of its cellular financial savings app.
Charity Financial institution and Sandstone Expertise have been collaboration companions for greater than a decade.
Headquartered in Sydney, Australia, Sandstone Expertise made its Finovate debut at FinovateEurope 2012, and most just lately demoed on the Finovate stage at FinovateEurope 2016.
Charity Financial institution has cast a strategic partnership with Sandstone Expertise to energy improvement of its new cellular financial savings app. The app will supply quite a lot of enhanced, self-service capabilities, characteristic sturdy safety, and supply a collection of recent instruments to assist meet the wants of Charity Financial institution’s prospects. The expertise helps seamless updating, speedy product launches, and a constant consumer expertise. The app is predicted to be out there to Charity Financial institution prospects within the spring of 2026.
“Partnering with Charity Financial institution on this initiative is each thrilling and rewarding,” Sandstone Expertise Chief Buyer Officer Jennifer Harris stated, “Cellular is now the channel of selection throughout all demographics, and this resolution displays the significance of delivering banking experiences which might be intuitive, versatile, and future-ready. Our collaboration is constructed on belief and innovation, and this undertaking showcases our shared imaginative and prescient for the subsequent era of digital banking.”
Charity Financial institution is an moral financial savings and mortgage wholly owned by charitable foundations, trusts, and social goal organizations. The establishment makes use of savers’ deposits to supply loans to organizations within the UK which might be working towards constructive social change for people, communities, and the atmosphere. Since 2002, Charity Financial institution has lent greater than £600 million to charities and social enterprises throughout the UK.
Sandstone Expertise is a long-time expertise companion of Charity Financial institution, having collaborated for greater than a decade. The present partnership to develop the establishment’s cellular app represents the newest milestone in Charity Financial institution’s digital transformation journey designed to reinforce the client expertise and make entry to moral banking out there to extra banking prospects.
“We’re thrilled to take this subsequent step with Sandstone Expertise,” Charity Financial institution Director of Operations and Financial savings Justin Hort stated. “Launching a cellular app is a serious milestone that displays our dedication to evolving with our savers’ wants. We’re targeted on delivering a seamless, fashionable and intuitive expertise—and with Sandstone’s confirmed monitor report, we knew they had been the best companion to carry this imaginative and prescient to life.”
Headquartered in Sydney, Australia and based in 1996, Sandstone Expertise made its Finovate debut at FinovateEurope 2012. The corporate, which provides options for mortgage origination, digital banking, and digital onboarding, most just lately demoed on the Finovate stage at FinovateEurope 2016. Abhish Saha was appointed CEO in 2022 after beforehand serving because the Government Common Supervisor of the corporate’s Digital Banking & Elevate enterprise unit. Saha changed Michael Phillipou, who had been Sandstone Expertise’s CEO since December 2020.
Extra just lately, Sandstone Expertise earned recognition for its partnership with UK-based Chetwood Financial institution, serving to the establishment deploy its digital financial savings platform that has contributed to a 39% enhance in prospects finishing the appliance course of and opening a financial savings account.
Picture by Mark Hansen on Unsplash
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