13.6 C
London
Wednesday, October 15, 2025
HomeBankingFurness Building Society selects Backbase for digital banking overhaul

Furness Building Society selects Backbase for digital banking overhaul

Related stories

WealthTech Clove Emerges from Stealth with $14 Million in Funding

Revolutionizing Wealth Management through Innovative Technology SolutionsHighlights: Clove has...

Coinbase Expands Its Footprint by Investing in India’s CoinDCX

A Strategic Move into the Expanding Cryptocurrency Market in...

BoE to Prioritize AI, DLT, and Quantum Computing in Tech Strategy

Exploring the Future of Financial Technology Governance and InnovationHighlights:...

BoE Prioritizes AI, DLT, and Quantum Computing in Tech Strategy

Exploring the Future of Financial Technology at the Bank...

Allianz UK Appoints First Head of AI: A New Era in Artificial Intelligence Leadership

Exploring the Implications of Allianz UK's Major AI Appointment...
  • Furness Building Society, based in Cumbria, UK, has selected Backbase, a Dutch digital banking solutions vendor, to enhance its digital services.
  • The society will replace its legacy channel solution with a modern, enhanced digital offering powered by Backbase.
  • Backbase’s Engagement Banking platform will support Furness in serving members who may not live near branches but still seek a member-driven experience.
  • Furness will integrate the entire Backbase platform, including Digital Onboarding, Digital Assist, and Digital Banking to cover the full member lifecycle.
  • Furness, with £1.3 billion in assets, is the first UK building society to partner with Backbase.
  • The society plans to redesign its branches as community social hubs while continuing to support members who prefer face-to-face interactions.
  • Furness joins 120 financial institutions globally using Backbase, including Bank Muamalat (Malaysia), Danske Bank, and OneAZ Credit Union (Arizona).

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

spot_img