Sydney, Australia, July 10, 2023 – Xpert Digital (XD), an emerging digital banking services provider, partners up with one of Australia’s leading mutual banks, Police Bank and Border Bank. This strategic collaboration solidifies XD’s presence in Australia New Zealand (ANZ) region and marks a significant milestone in the mission to globally transform digital banking.
The partnership involves the implementation of Temenos Infinity, where XD’s expertise in digital banking implementations will empower Police Bank and Border Bank to deliver exceptional digital banking services to their members. With XD’s unmatched retail banking solutions, members will enjoy seamless digital banking experiences across mobile and web channels.
This collaboration goes beyond retail banking implementation as XD introduces its state-of-the-art Loan Origination System within the Temenos Infinity framework, making it the first-ever Straight-Through implementation of mortgage financing.
This feature will equip Police Bank and Border Bank with the power to accelerate loan processing like never before.
This breakthrough solution will not only enhance operational efficiency but also provide customers with an outstanding mortgage experience, paving the way to make homeownership smoother and more rewarding.
With XD’s pre-built adaptors (also known as Infinityworkx©) and extensive experience in Temenos Infinity implementations, Police Bank and Border Bank will receive the best-in-class digital banking solution tailored to their specific needs, enabling them to maximize their return on Temenos Infinity investments, achieve digital revenue growth and enhance operational efficiency.
“As we embark on this groundbreaking partnership with Xpert Digital (XD), we are entering a new era of banking innovation. With XD as our digital transformation partner, we will redefine digital banking in Australia by putting our members at the center of everything that we do. By leveraging XD’s expertise and cutting-edge solutions, we will deliver a seamless, secure, and personalized digital banking experience to our members.”
Greg McKenna, CEO, Police Bank.
“We are honored to partner up with Police Bank and Border Bank, two leading mutual banks in the Australian banking landscape. Together, with the transformative power of Temenos Infinity, and XD’s unmatched digital banking expertise, we are poised to revolutionize the banking experience for millions of customers across Australia.”
Asif Sheikh, Executive Director, Xpert Digital.
XD has long been renowned for its prowess in digital banking transformations, and now, Police Bank and Border Bank are the latest additions to benefit from XD’s unparalleled expertise. XD is envisioning to offer its award-winning digital capability to banks in Australia and APAC region. With XD’s unique and innovative digital solutions, both banks will soar to new heights, offering exceptional digital experiences to their members.
Xpert Digital (XD) is a digital banking services & implementation partner of the World’s #1 banking software company Temenos and is a global leader for Temenos Infinity platform implementations. XD has one of the biggest Temenos Infinity team of technical consultants and our digital banking knowledge & experience is unrivalled in the market. With deployments in over 22 banks in 14 countries worldwide, XD enables banks to achieve digital transformation and deliver a consistent, cross-channel, exceptional digital experience. XD serves its customers through a 130+ team serving from headquarters in Dubai with regional offices in Muscat, Riyadh, Karachi, Addis Ababa, and Singapore.
About Police Bank & Border Bank
Police Bank has been serving the police community and their families in Australia since its establishment in the early 1960s. Founded by a group of forward-thinking police officers, it operates as a member-owned financial institution. Police Bank provides exceptional support and tailored banking solutions to its customers. With a focus on the financial security and well-being of its members, Police Bank continues to be a trusted and dedicated financial partner.
Border Bank is a mutual financial institution servicing the wider Department of Home Affairs community, offering products & services for every stage of life, from Savings & Transaction Accounts to Home Loans & Insurance. Border Bank is a division of Police Bank.