CUA appoints TCS BaNCS for online banking platform transformation

Tata Consultancy Services (TCS) announced that CUA, Australia’s
largest customer-owned financial institution, has selected TCS BaNCS Online
Banking Platform to revitalize and transform its online banking system.

selection of TCS to deliver CUA’s online banking platform follows the
announcement made earlier this year that TCS and its BaNCS banking platform
would be delivering CUA’s new core banking system. The online banking
transformation program is expected to be delivered over the next two years.

“As part
of the transformation program our online banking customers will have access to
mobile banking applications and a more streamlined, easy-to-use and visually
appealing service with improved functionality and capability,” said Chris
Whitehead, chief executive officer, CUA.

“In addition to TCS BaNCS Core Banking,  our team is
delighted to provide CUA with an integrated retail banking solution that now
includes TCS BaNCS Online and Mobile Banking software. TCS BaNCS will connect
customers to CUA’s broad range of products and services including deposits,
loans and payments in a highly interactive and user friendly mobile banking
environment,” said N Ganapathy Subramaniam, president, TCS Financial Solutions

By Team
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