Technisys expands team to support online Cyberbank Marketplace for FinTech solutions

By Edlyn Cardoza

Technisys, the leading cloud-native, next-gen digital banking platform, has hired Chris Demas as Head of Banking Ecosystems for North America to lead the effort to drive digital banking innovation to market at speed and at scale. Demas brings 25 years of banking industry experience to the position with deep expertise in supporting third party integrations, API enablement and marketplace strategy.

The Cyberbank Marketplace highlights integrated and certified FinTech solutions that enable banks and FinTechs to accelerate the adoption of digital innovations cost-effectively. According to McKinsey & Company insights, a new breed of core banking systems offer very advanced architectures pushing the envelope in customer experience without compromising on the core tenet of faultless transaction processing. As financial institutions increasingly look to modernize core systems and embrace embedded finance capabilities, Demas’s leadership in expanding the Cyberbank Marketplace is timely.

“The Cyberbank Marketplace, led by our new head of banking ecosystems, Chris Demas, offers more ways for banks and fintechs to accelerate the delivery of tailored financial solutions, seamlessly and in real time,” said Mike Santos, CEO and co-founder of Technisys. “Financial firms can more easily create and deliver novel digital offerings – whether to a customer target segment of one or millions.”

Supported by the Marketplace, financial institutions across 16 countries serving more than 200 million banking customers are driving digital innovations to meet the demands of an increasingly digital world. Technisys also provides deep industry expertise and supports early-stage FinTechs and non-financial services brands looking to offer tailored financial products, in real-time, to their customer base.

With Demas at the helm, the Cyberbank Marketplace is expected to grow substantially from 55+ today to hundreds in order to provide an arsenal of digital solutions that are proven, secure, scalable and future-proof.

IBS Intelligence had reported that JIC Bank chose Cyberbank from Technisys, the cloud-native, next-gen digital and core banking platform to deliver differentiated, and tailored, financial products to consumers and small/medium businesses, at point of need.