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The Evolving Landscape of Customer Experience in Banking

It’s no longer enough for banks to deliver exceptional financial products and services. Customers today expect them to also provide excellent, personalized customer experiences. Banks willing to improve their CX delivery will reap many returns on their investments. What steps should they take to be thoroughly centered on their customers? ....

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Tech Mahindra to acquire Payments Technology Services for USD 9 million

Tech Mahindra to acquire Payments Technology Services for USD 9 million
IT services major Tech Mahindra on Tuesday said it will acquire Payments Technology Services Ltd (PTSL), a step-down subsidiary of fintech firm FIS, for USD 9 million (about Rs 66 crore).
The acquisition will give Tech Mahindra access to IPs and licenses for two products - Open Payment Framework (OPF) and Multi-Bank System (MBS), a regulatory filing said.
The acquired capabilities in the payments space will give us access to IPs and licenses for 2 products, which is consistent with our strategy of pivoting the business towards product and platform implementations and participating in the banking transformation programmes, Tech Mahindra added. ....

United States , Hong Kong , Tamil Nadu , Vivek Agarwal , Asia Pacific , Global Head For Financial Services , Centre Of Excellence Co , Payments Technology Services Ltd , Bank System , Head Corporate Development , Tech Mahindra , Payment Framework , Multi Bank System , Global Head , Financial Services , North America , Payments Technology Services , Open Payment Framework , ஒன்றுபட்டது மாநிலங்களில் , ஹாங் காங் , தமிழ் நாடு , விவேக் அகர்வால் , ஆசியா பெஸிஃபிக் , உலகளாவிய தலை க்கு நிதி சேவைகள் , மையம் ஆஃப் சிறப்பானது இணை , கொடுப்பனவுகள் தொழில்நுட்பம் சேவைகள் லிமிடெட் ,

Tech Mahindra to acquire Payments Technology Services for Rs 66 cr

IT services major Tech Mahindra on Tuesday said it will acquire Payments Technology Services Ltd (PTSL), a step-down subsidiary of fintech firm FIS, for USD 9 million (about Rs 66 crore).
The acquisition will give Tech Mahindra access to IPs and licenses for two products - Open Payment Framework (OPF) and Multi-Bank System (MBS), a regulatory filing said.
The acquired capabilities in the payments space will give us access to IPs and licenses for 2 products, which is consistent with our strategy of pivoting the business towards product and platform implementations and participating in the banking transformation programmes, Tech Mahindra added.
This acquisition will open up other opportunities for Tech Mahindra as a larger partner with FIS across a number of areas, it said. ....

United States , Hong Kong , Tamil Nadu , Vivek Agarwal , Asia Pacific , Global Head For Financial Services , Centre Of Excellence Co , Payments Technology Services Ltd , Bank System , Head Corporate Development , Tech Mahindra , Payment Framework , Multi Bank System , Global Head , Financial Services , North America , Fintech Firms , ஒன்றுபட்டது மாநிலங்களில் , ஹாங் காங் , தமிழ் நாடு , விவேக் அகர்வால் , ஆசியா பெஸிஃபிக் , உலகளாவிய தலை க்கு நிதி சேவைகள் , மையம் ஆஃப் சிறப்பானது இணை , கொடுப்பனவுகள் தொழில்நுட்பம் சேவைகள் லிமிடெட் , வங்கி அமைப்பு ,