Fundtech, a market leader in global transaction banking solutions, and Zafin Labs, the leading provider of dynamic relationship banking platforms, jointly announced a strategic partnership to integrate their systems.
The traditional banking model is being pushed to the wayside as new payments players such as Square and Amazon come to the fore. To compete, banks need to focus on innovation, particularly when it comes to core processing systems, says Zafin Labs.
Zafin Labs, a provider of customer-focused banking software solutions, today announced that Bank of the West, a bank operating in 19 Midwestern and Western states in the United States, has selected Zafin Labs' software to support the bank's program to provide relationship banking benefits to its customers.
Zafin Labs explains how to use relationship-based pricing to enhance customer loyalty in banking.
© Finextra Research 2013