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Digital-only EQ Bank goes live in Canada

26th February 2016 Church News.

Equitable Bank’s new branchless digital banking venture, EQ Bank, has launched in Canada this week. The FI is using Temenos’ RetailSuite platform to power its core banking systems, digital channels and analytics. EQ said that it had opted to start from scratch when developing its back and front office systems, and had worked with both Temenos and Deloitte to implement its technology platform, design the processes, hire the people and launch as a new digital bank in just 18 months.