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Central Bank in US selected TC...

BANKING AND INSURANCE

Central Bank in US selected TCS BaNCS™ to modernize its core technology

Central Bank in US selected TCS BaNCS™ to modernize its core technology
The Silicon Review
21 March, 2024

The leading Midwest regional bank taps Tata Consultancy Services’ next-generation banking software to simplify the technology landscape

Tata Consultancy Services has unveiled that Central Bank, a prominent Midwest regional bank, will leverage TCS BaNCSTM to revamp its core technology infrastructure, fostering innovation and fortifying customer relationships. By partnering with TCS, Central Bank aims to streamline and enhance customer onboarding processes, paving the way for sustained growth. With assets exceeding $20 billion and a footprint spanning 150 locations across 78 communities in Missouri, Kansas, Illinois, and Oklahoma, Central Bank is poised to embrace cutting-edge technology to streamline operations and elevate customer experiences. The bank will leverage the robust API ecosystem of TCS BaNCS to foster seamless integration across applications, services, and platforms, thereby enhancing customer acquisition processes and boosting employee efficiency.

Furthermore, the Central Bank's embrace of TCS BaNCS' multi-bank, multi-entity capabilities and extensive API library positions it for accelerated integration of new banking partners, supporting both organic growth and acquisition-led expansion strategies. This strategic approach underscores the Central Bank's commitment to agility in navigating the dynamic financial landscape. Amit Bajaj, President of TCS North America, highlighted TCS's continued expansion of partnerships with regional community banks, credit unions, and financial institutions in North America. He underscored TCS's commitment to modernizing core platforms for these institutions to meet the evolving digital needs of their customers. With TCS BaNCS, Central Bank is poised to offer a seamless and flexible onboarding process tailored to the requirements of its expanding customer base.

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