US-based digital banking tech firm Technisys has said that Canada-based ATB Financial has launched its digital banking app Brightside using its Cyberbank Next-Gen Core and Digital banking platform.

 

Technisys, which is behind the digital banking platform Cyberbank, claimed that the newly launched digital-only banking app will allow users to spend and save money without having to switch ing banks.

The app connects directly to wherever users already conduct their day-to-day banking.

The newly launched banking app will also enable customers to order and activate a spend card.

Users can also set up savings features like ‘Round Ups’ and ‘Save Automagically’.

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ATB Financial executive vice president John Tarnowski said: “With Brightside, we’ve created a seamless digital experience so Albertans can have more time to focus on the things they love and save at the same time. It takes just a few minutes to get started—people can sign up for an account with a selfie, order a spend card and set up saving features.”

ATB selected Cyberbank after reviewing nearly 160 digital core banking providers across the world.

Tarnowski continued: “Cyberbank was the only platform that offered us the structural flexibility we needed to provide our customers with an empathic digital banking experience and financial services that truly differentiate Brightside from other digital banks in Canada.”

Technisys COO for North America Ian Cunningham said: “The end-to-end capability of Cyberbank sets it apart from other banking platforms. No other platform has the capability to dynamically change end-to-end product definitions and adapt to modern customer behaviors.

“We are proud to be working with ATB Financial on this new initiative to offer Canadians from Alberta a better way to bank and save, all from the palm of their hand.”

Digital banking fintech start-up Rellevate selected Technisys as its digital banking platform provider in January this year.

In May last year, Technisys raised $50m in a Series C financing round led by Riverwood Capital to support its growth.