Solid member and balance sheet growth have underpinned CUA’s first-half financial results for FY20, off the back of a renewed strategic focus on growing transactional banking.
CUA Group posted a consolidated NPAT of $21.25 million, boosted by the strong performance of its subsidiaries and highlighting the benefits of a diversified banking and insurance offering. The Group result was down 7.9 per cent on the corresponding period a year ago, reflecting the low interest rate environment, challenging external conditions and costs associated with CUA’s decision to invest in member services.
Sandstone Technology release Loan+, the first fully-integrated, real-time, self-service, home loan top-up facility into the Australian market.
Sandstone Technology, a market leading financial services technology company providing digital acquisition, loan origination, settlement management, internet banking, mobile banking and online financial management, today announced their newest market offering, Loan+.
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MEDIA RELEASE
Sandstone Technology was selected to be the transformation partner of choice in BOQ Specialist’s next phase of the bank’s digital program. Introducing Sandstone’s scalable and agile BankFast eXperience Platform (BXP) will enable the bank to tailor the whole client journey and build differentiated experiences to match the growing needs of their clients.
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Wesleyan Bank recently confirmed global fintech, Sandstone Technology, as their strategic digital partner to elevate their digital channels for personal and SME e-saving customers.
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Abhish Saha, who previously held the role of Chief Product Officer at Linkly, was today announced as the new Executive General Manager (EGM) of Digital Banking & Elevate for Sandstone Technology replacing Acting EGM, James Morrison, who has been occupying the role since March this year.
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As part of a year long partnership, Sandstone will support activity that assists in developing the ecosystems and growing FinTech in the North, including helping FinTech North to shape the content at our Future of Mortgages Webinar on 21st October.
NEW FEATURE
SBS Bank and Sandstone Technology join forces to deliver direct to consumer end-to-end lending solution.
The new back office feature allows financial institutions to easily, and quickly, manage the flow of retail and business deposits. It takes the guess work out of predicting when a savings product tranche is full.
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Katherine Dziaman, who previously held the role of Group CFO for Tonic Health Media, was today announced as the new Chief Financial & Operating Officer for Sandstone replacing Pow-Chuan Lee, who recently left the organisation.
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Shawbrook Bank has introduced Strong Customer Authentication (SCA) for retail and business e-savings customers via its internet banking platform powered by Sandstone Technology.
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Ross Watts, who has been occupying the role of Sales Director for Sandstone Technology over the past 12 months, was today announced as the new Chief Customer Officer for Sandstone replacing Michael Phillipou, who was recently appointed as Sandstone’s CEO.
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Michael Phillipou, who has been occupying the role of Chief Customer Officer for Sandstone Technology over the past 15 months, was today announced as the new CEO for Sandstone replacing Bob Hall, company co-founder and Chairman, who has been filling the role since February this year.
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Our founders Bob Hall and Violet Yu talk about the early days writing software solutions for their banking tech startup that would become the Sandstone Technology we know today, “a successful global fintech with a solid reputation”.
MEDIA RELEASE
Solid member and balance sheet growth have underpinned CUA’s first-half financial results for FY20, off the back of a renewed strategic focus on growing transactional banking.
ANNOUNCEMENT
We’re now an official corporate partner of Financial Executive Women (FEW) and will sponsor FEW’s tri-weekly Connect Live Stream events, hosted by Alex Gullio. Sandstone Technology’s Chief Customer Officer Michael Phillipou will co-host the ‘Digital First: A Banking Transformation Series’ events with Alex on Thursdays.
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With many reassessing their mortgage terms, banks have found themselves under increased pressure to triage their customers immediate needs, with call centres and branch enquiries banking up, placing additional pressure on existing systems.
MEDIA RELEASE
Sandstone Technology, a market leading financial services technology company providing digital acquisition, loan origination, settlement management, internet banking, mobile banking and online financial management, today announced their newest market offering, Loan+.
