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Stock impact report

UST FinX and Thought Machine Partner to Democratise Access to Enterprise-grade Banking Technology [Yahoo! Finance]

ING Group, N.V. (ING) 
US:NYSE Investor Relations: ing.com/investor-relations.htm
Company Research Source: Yahoo! Finance
company, today announced a strategic partnership that makes enterprise-grade banking technology accessible to financial institutions of all sizes. Initially, the partnership will target its advantages for mid-tier US banks and credit unions, a segment heavily constrained by outdated IT systems and extensive procurement processes. Previously, the only option had been to undertake risky, resource-intensive transformation projects to address constantly evolving client and operational demands. The UST FinX and Thought Machine proposition unlocks a very different path for such institutions, one that delivers rapid transformational outcomes, providing significant value to the institutions and their stakeholders. UST FinX's integration-ready platform delivers access to a rapidly expanding ecosystem of fintech banking capabilities, including Thought Machine's best-in-class digital core. This powerful union unlocks short-term gains in both customer and user experience while possessing the Show less Read more
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