Payment Cloud Technologies’ digital.VISION to Support Elevate™ by Unisys

 Payment Cloud Technologies’ digital.VISION to Support Elevate™ by Unisys
29.06.2017 10:15 am

Payment Cloud Technologies’ digital.VISION to Support Elevate™ by Unisys

Cloud

Payment Cloud Technologies (PCT), the London-based FinTech business, has today announced it has expanded its relationship with Unisys, a global information technology company that specializes in providing industry-focused solutions integrated with leading-edge security, to incorporate PCT’s innovative digital.VISIONtechnology as a key component of Elevate™ by Unisys, a new omnichannel digital banking platform that enables startups and established financial institutions to deliver secure banking services anytime, anywhere.

Elevate has been engineered to meet the on-demand requirements of today’s digitally savvy customers. It will use PCT’sdigital.VISION to seamlessly integrate into bank.VISION, PCT’s robust, reliable and fully compliant solution, which will help deliver banking grade financial services to Unisys customers.

The combined technologies enable Elevate customers to pay their bills on the go, transfer funds and apply for loans and mortgages anytime, using their choice of channel, whether on a mobile device, tablet, online or in-branch. Importantly, by allowing people to bank in a manner that fits with their lifestyle, banks can help increase customer satisfaction and drive brand loyalty.

bank.VISION’s agile cloud-native technology will allow Elevate’s users to keep pace with the digital banking age by securely enabling quick-to-market current accounts that overcome high market-entry barriers, at a fraction of the cost usually associated with establishing a brick-and-mortar financial institution.

Ian Clowes, CEO, PCT, said: “Since the official launch of our bank.VISION platform in November, we have gone from strength to strength, rapidly establishing ourselves as a trustworthy provider of quality banking services. Partnering with Unisys takes PCT to the next level, combining our collective global reach to more customers worldwide. Today’s digitally-conscious societies are rightly expecting leading-edge financial services to suit their lifestyles, and we’re proud to have engineered Elevate into a solution that works for everyone.”

PCT’s comprehensive back-office support will help ensure that Elevate is compliant with all supplier, regulatory and integration requirements. Elevate will also benefit from bank.VISION’s core programme and operational support systems, including connectivity to Faster Payments, card manufacture and distribution, provision of digital wallets and full fraud monitoring and dispute management.

Eric Crabtree, Global Head of Financial Services, Unisys, said: “The pace of change in financial services is exceptional. Recent initiatives have opened the doors to a host of customer-focused products and services that facilitate the modern customer’s busy lifestyle. That is why Unisys has partnered with PCT, to provide powerful market-proven technologies for the delivery of Elevate, a banking proposition fit for the digital age. Many of our established financial services customers, as well as new challenger banks, can now benefit from this robust, innovative solution.”

Building on Unisys’ global customer base, Elevate will be sold into the U.S., EMEA, LATAM and APAC markets to further consolidate the business’s international influence. 

The international relationship with Unisys accelerates PCT’s existing momentum in the digital banking industry, having launched bank.VISION with Ireland’s largest postal services provider, An Post, in November. An Post will be rolling outbank.VISION next month across 1,100 branches nationwide and delivering leading-edge financial services to its 1.7 million weekly customers.

Related News

LzLabs and T-Systems Team Up to Drive Mainframe Transformation

LzLabs today announced an Agreement with T-Systems, one of the world-leading cross-manufacturer digital service providers,... Read more »

Backbase and Mambu partner to deliver an end-to-end integrated SaaS banking solution

Backbase, the leading omni-channel banking solution provider, announced today a strategic partnership with Mambu, the Berlin-based cloud banking platform to jointly deliver a... Read more »

SunTec Group collaborates with AWS to offer cloud-native applications that help clients improve customer experience and drive revenue growth

SunTec, a leading provider of revenue and billing management solutions,... Read more »

Velocity Trade Implements Integral FX Workflow Automation and Trading Technology

Integral, a leading FX technology provider, announced today that it has been selected by Velocity Trade, an international broker dealer, to... Read more »

Reducer, UK’s Only Cloud-Integrated Price Comparison Solution, Joins the Xero App Marketplace

Reducer, the UK’s only cloud-integrated price comparison solution for SMEs, joins the Xero app marketplace. The... Read more »

Couchbase Announces $105 Million Equity Investment Led by GPI Capital

Couchbase, the creator of the enterprise-class, multicloud to edge NoSQL database, today announced that it has... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel