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Co-operative Bank & Exela Technologies: Announced an expansion to their partnership | Fintech InShorts: Latest fintech news, analysis by experts

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Co-operative Bank & Exela Technologies: Announced an expansion to their partnership

By Laura M

May 26, 2020

Co-operative Bank & Exela Technologies: Announced an expansion to their partnership

The Co-operative Bank plc provides a full range of banking products and services to retail and SME customers
Exela a business process automation (BPA) leader, leveraging a global footprint and proprietary technology to provide digital transformation solutions
The new module provide a further layer of protection for customers using digital payment channels
Announced an expansion to their existing partnership to deploy Exela’s Confirmation of Payee (CoP) platform
The service provides an additional layer of security for customer transactions, ensuring that the money sent to the intended bank account
Exela Technologies first partnered with the Co-operative Bank in 2017 to help it to become the first bank

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