Search Results for "Backbase"
10 results for "Backbase"
Deals 10
BSF Launches Next-Gen Banking Platform with Backbase and Hexaware
Banque Saudi Fransi (BSF) launched a next-generation digital banking platform built on Backbase's engagement platform, with middleware integration by Hexaware. The AI-powered omnichannel platform covers retail mobile and web banking with features including digital onboarding, Apple Pay, and biometric authentication. The initiative reflects a banking-as-a-platform approach that modernizes customer-facing channels while preserving legacy core systems.
Backbase Launches AI-Powered Banking Platform with Agentic AI
Backbase launched what it calls the world's first AI-powered banking platform, embedding AI-driven customer servicing, sales automation, and self-service capabilities. The platform features an Intelligence Fabric with Agentic AI for secure, auditable operations. It is globally available immediately and aims to help banks expand revenue through embedded intelligence.
TD Bank Partners with Backbase to Digitize Retail Card Experience
TD Bank partnered with Backbase to modernize its retail credit card business through a digital-first, multi-channel experience. The rollout began with over two million customers of a large strategic card partnership program. This collaboration aims to deliver a seamless, modern credit card service experience.
Backbase Unveils Intelligence Fabric AI Layer for Engagement Banking
Backbase launched Intelligence Fabric, an AI and data layer embedded within its Engagement Banking Platform. The product unifies core banking, payments, and fintech data to enable AI-driven productivity for banks. It aims to help banks accelerate decision-making and personalize customer experiences through unified data intelligence.
Navy Federal Credit Union Signs Seven-Year Partnership with Backbase
Navy Federal Credit Union entered into a new seven-year partnership with digital banking platform provider Backbase. The deal covers digital banking infrastructure for one of the largest credit unions in the US. This signals continued investment by major financial institutions in embedded digital banking capabilities.
First Bank Goes Live on Backbase Engagement Banking Platform
First Bank implemented Backbase's Engagement Banking Platform, going live on December 14, 2023. The platform unifies core banking, fraud, payments, and fintech integrations. It enables seamless digital experiences across retail, business, and wealth management services.
Backbase Acquires Nucoro to Add Digital Wealth to Engagement Banking Platform
Backbase acquired UK-based digital wealth platform Nucoro in mid-June 2023 for undisclosed terms. The deal adds robo-advisory and investment management capabilities to Backbase's engagement banking platform, enabling banks to offer embedded investment services to their customers.
Backbase Raises €120M at €2.5B Valuation for Bank Engagement Middleware
Backbase raised its first-ever external funding round of approximately €120M at a €2.5B valuation. The company provides middleware for banks to integrate data sources and build engagement tools like digital onboarding. The funding signals strong market demand for platforms that help banks modernize customer-facing experiences.
Backbase Raises $128M at $2.6B Valuation from Motive Partners
Backbase, a banking software platform, raised $128 million in private equity funding led by Motive Partners, valuing the company at $2.6 billion. The investment positions Backbase as a major player in banking digital infrastructure and engagement platforms.
Backbase and Finxact Partner to Enable Rapid Greenfield Bank Launches
Backbase integrated its omni-channel digital banking platform with Finxact's cloud-native core banking system. The partnership enables banks and credit unions to launch greenfield digital banks in under three months. The combined front-to-back SaaS offering covers accounts, payments, and digital customer journeys.