18 Jun 2021 - Virtusa Partners with Sedicii and Custodigit to Introduce New Offerings for Banks and Financial Services Organizations
Posted in News by Rob Leslie - Share
SOUTHBOROUGH, Mass. – (May 18, 2021) – Virtusa Corporation, a global provider of digital strategy, digital engineering, and IT services and solutions that help clients change and disrupt markets through innovation engineering, today unveiled new partnerships with Sedicii and Custodigit. Through these new alliances, Virtusa expands on its commitment to helping banks and financial services companies succeed in their digital transformations.
According to a 2020 Valuates Report, the global online banking market size is projected to reach $20.5 Billion by 2026, up from $9.1 Billion in 2019. The accelerated adoption of online financial products and services is pushing providers to continue introducing new features and capabilities while remaining compliant with industry and government regulations.
Sedicii Innovations Ltd., the pioneer in digital identity and fraud prevention solutions, is launching a suite of products and services with Virtusa that allow banks and insurers to instantly and securely onboard individuals and businesses as customers. Sedicii enables businesses to avoid paper-based processes for loans, insurance services and account opening, which helps customer acquisition and retention for banks and insurers while reducing costs.