back Back

Credit Suisse & AXA team up to launch digital bancassurance services

By Megha Bhattacharya

October 22, 2020

  • Axa
  • Credit Suisse
  • Switzerland
Share

Credit Suisse announced that it will be launching integrated bancassurance solutions for its clients, in partnership with AXA. The company stated that the solutions will be implemented in its CSX digital banking offering, that will be launched next week. The companies are entering into a collaboration in order to offer clients specific bancassurance solutions directly via the CSX app as well as through all other client channels. The insurance solutions will be available for selected client groups during the first quarter of 2021.

Anke Bridge Haux, Head of Digital Banking at Credit Suisse (Switzerland) Ltd., stated, “Our collaboration with AXA is another milestone and brings us one step closer to our goal of providing our clients with a comprehensive digital offering from a single app. The integration of transparent insurance solutions into CSX is a perfect addition to this offering and addresses our clients’ needs.”

CSX digital banking offering enables clients to carry out all their banking businesses through one app. The new product range merges the expertise and experience of Credit Suisse with the user-friendliness of a digital-only bank.

Recently, Credit Suisse stated that by the end of October 2020, it would launch “CSX” and “CSX Young”, the digital banking services for new clients that enable them to conduct all of their banking business by smartphone.

Thomas Gerber, Head of Life, Savings, and Health, and a member of the Executive Board of AXA, stated, “We are pleased to be able to add customized insurance modules to Credit Suisse’s new digital banking offering. CSX is very straightforward but provides a wide range of services, which makes the app a promising new distribution channel for our digital insurance products.”

Previous Article

October 21, 2020

PROXIMA+ supply chain finance solution adopted by Emirates NBD

Read More
Next Article

October 22, 2020

Frollo to deliver financial wellness features in Virgin Money’s neo bank app

Read More






IBSi Daily News Analysis

UAE, money transfer

May 23, 2024

Axa

By 2034, the digital remittance market is expected to reach $83.2bn, research reveals

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Moroccan HPS acquires Ireland’s CR2 to bolster global expansion

Read More

Today

Newgen Software onboards Finastra to expand market reach

Read More

May 23, 2024

myTU launches Payouts API for businesses

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023