back Back

XYB & Google Cloud bring Generative AI to coreless banking platform

By Gloria Methri

September 27, 2023

  • Coreless Banking
  • Europe
  • FinTech
Share

XYB, Coreless Banking,  Generative AI, FinTech, Google Cloud, UKXYB, a provider of end-to-end ‘coreless’ banking platform, has collaborated with Google Cloud to bring generative AI within its coreless banking platform. The partnership will empower banks, non-banks, and FinTech companies to expedite the creation of innovative and compliant financial products while streamlining the process.

Harnessing the power of artificial intelligence will enable XYB to revolutionise the way financial products are built. This partnership empowers product owners to launch hyper-personalised products to their target customers without depending on the technology team or having a deep technical knowledge of core systems, enabling financial institutions to unlock their true potential and transform the future of finance.

XYB will use Google Cloud’s generative AI and machine learning tools, and its data security and compliance capabilities, to help customers accelerate the provision of banking products and services to the global marketplace. Moreover, Google Cloud’s generative AI tools will reduce operational costs by providing customers of the platform users the capability to find answers to common questions and solve complaints without the need for human intervention.

Atul Choudrie, CEO of XYB, said, “Our focus remains on surpassing conventional limits and embracing innovation in the financial services industry. Through strategic integration of generative AI and the continuous optimisation of our technology platforms, we enable banks and non-banks to access an unprecedented realm of advantages derived from the constant evolution of our ‘coreless’ banking technology. In partnership with Google Cloud, we will shape a future where financial services create an era of limitless possibilities.”

Rodrigo Rocha, Director of Global Partnerships at Google Cloud, added, “We are pleased that XYB will bring new Google Cloud-powered generative AI capabilities to its banking platform. XYB’s work with Google Cloud will have a positive impact on financial institutions looking to enhance customer experiences with generative AI.”

Previous Article

September 27, 2023

Leatherback simplifies cross-border payments for migrants in the UK

Read More
Next Article

September 27, 2023

Gulf Bank enters partnership with Transcrate International Logistics

Read More






IBSi Daily News Analysis

regulations,

June 11, 2024

Coreless Banking

Payments industry urges delay of APP fraud rules amid leadership change at Payment Systems Regulator

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

5 RegTechs enhancing compliance for India’s BFSI sector

Read More

Today

Commencis launches new Turkish LLM for banking & financial services

Read More

Today

SaaScada renews partnership with NEXA for financial reporting

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