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BoQ enters phase two of Virgin Money Australia digital transformation


By
Kate Weber
on Apr 16, 2021 7:00AM
BoQ CEO George Frazis.
Ahead of core transformation of its other bank brands.
The second phase of the Bank of Queensland’s digital transformation is now in development, which will impact a broader range of financial products in its Virgin Money Australia digital bank.
The BoQ Group is in the early stages of a five year, $440 million technology overhaul, underpinned by a new core banking system from Temenos. The work is being conducted jointly with Deloitte Digital.
Phase two will bring home loans, loyalty programs and deposit options plus open banking capabilities to the Virgin Money Australia brand. ....

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