cloud<\/a>-native core banking platform to lead a multi-year modernisation of its banking infrastructure.<\/p>\nThis landmark partnership marks the first deployment of 10x Banking\u2019s technology in New Zealand and sets the stage for a phased migration designed to deliver agile, scalable, and customer-centred services for more than 180,000 customers nationwide.<\/p>\n
The initiative will see The Co-operative Bank leverage 10x\u2019s advanced core platform to enhance operational efficiency, enable real-time product innovation, and elevate digital experiences across all channels while preserving the bank\u2019s strong community values and profit-sharing ethos. The project strengthens both organisations\u2019 commitment to sustainable, customer-first banking and reflects a shared ambition to redefine the future of mutual and co-operative finance.<\/p>\n
The announcement reinforces 10x Banking\u2019s strategic investment in the Asia-Pacific region, following its recent collaboration with West Brom Building Society in the UK, and underscores the growing momentum for digital transformation within the mutuals sector globally.<\/p>\n
Mark Wilkshire, Chief Executive Officer at The Co-operative Bank,<\/strong> said, “10x is a great partner for The Co-operative Bank because they fundamentally understand what matters to us as a customer-owned B-Corp, putting customers before profits. This partnership allows us to preserve our unique values while building leading, responsive banking services our customers deserve. For our customers, whether they\u2019re saving for a first home or managing everyday finances, this partnership helps ensure we\u2019ll be equipped to support their financial lives today and for the future.”<\/p>\nAnthony Jenkins, Founder and CEO at 10x Banking,<\/strong> said, “This partnership deepens our commitment to the mutual and co-operative sector globally, building on recent successes with member-focused institutions across APAC, Europe and the UK. The Co-operative Bank\u2019s customer-first values perfectly align with our mission to make banking ten times better for everyone, and as fellow B-Corps, we share a cultural DNA. We\u2019re proud to support their journey as they build the digital foundations for their next century of service.”<\/p>\nBoth organisations hold B-Corp certification, underscoring a shared commitment to ethical governance, community impact, and long-term value creation. The transformation programme will deliver a resilient, future-ready core capable of powering secure, personalised customer experiences and supporting sustainable growth in a rapidly evolving market.<\/p>\n","protected":false},"author":35851,"featured_media":569573,"parent":0,"template":"","categories":[11395,11381,41779,11382,11368,11375,11376,42764,11379,35279,41795,11378,11384,11397],"tags":[11868,11864,11649,12004,11438,11409,12472,11769,11549,11515,13648],"class_list":["post-569572","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","category-analytics","category-artificial-intelligence","category-banktech","category-cloud","category-core-banking","category-cybersecurity","category-digital-banking","category-digital-payments","category-lending","category-loans","category-mobile-banking","category-open-banking","category-payments","category-saas","tag-america","tag-apac","tag-digital-banking","tag-digital-lending","tag-digital-payments","tag-digital-transformation","tag-financial-inclusion","tag-financial-institutions","tag-financial-services","tag-fintech","tag-new-zealand"],"acf":[],"yoast_head":"\n
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