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Rellevate partners with Technisys to enhance digital banking

Rellevate, a digital banking FinTech startup, founded by former Western Union executive Stewart Stockdale, selected Technisys as its digital banking platform provider.

Rellevate’s financial services are offered primarily through employers and include digital banking as its core umbrella product with access to payroll, bill payment, and money-sending capabilities linked to employee accounts. The company has recently partnered with Visa in launching its digital banking platform to facilitate consumers’ access and use of money.

“Technisys is the perfect complement to Visa DPS for this initiative. Their digital banking functionality will ideally position Rellevate in the United States and seamlessly allow customers to access, move and use their money – anytime, anywhere,” said Stewart A. Stockdale, Rellevate’s Chairman and CEO.

Technisys is expected to complement the Visa DPS processing platform by adding its capabilities. Its Cyberbank Digital Platform is a cloud-ready API based platform that can directly interact with Fintech ecosystem and is aimed to enhance the digital experiences for Rellevate banking customers. It will also enable Rellevate to integrate multiple players, thus creating a digital ecosystem. The platform is expected to get launched in Q1, 2020.

“Financial services need structural flexibility to create journeys that really address customers’ needs and expectations. Our platform Cyberbank Digital has been helping global banks and fintechs to differentiate from competitors and to build innovative digital ecosystems,” says German Pugliese Bassi, co-founder, CMO and Alliances at Technisys.

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