[London, 9th January] – <a href="https://www.innovatefinance.com/company/10xbanking/">10x Banking</a>, the transformational cloud-native SaaS core banking platform, and Mast, the cloud-native mortgage origination platform specialising in the UK market, are thrilled to announce their partnership, enabling real-time connectivity between the two systems.

Alongside the partnership comes an API integration guide on 10x Docs, which provides the UK mortgage lenders with a quick and simple integration path. The guide covers various integration scenarios specific to the UK mortgage market, including product creation and account onboarding.

In an ever-changing financial landscape, efficient and secure integration between systems is paramount, especially in the mortgage industry. Using the integration, lenders will benefit from streamlined data exchange, enabling real-time mortgage servicing that removes the need for any manual re-keying of data between systems.

Commenting on the partnership, CEO of Mast Joy Abisaab said:
<blockquote>“We are thrilled to collaborate with 10x and provide seamless integration for UK mortgage institutions. Together, we empower UK lenders to unlock new levels of operational efficiency and enable the delivery of exceptional customer experiences.”</blockquote>
Frederico Venturieri, VP and Global Head of GTM and Partnerships at 10x, said:
<blockquote>“This partnership represents a key milestone in how we support the transformation of the UK mortgage and building societies markets. This integration will enable customer-facing innovation that rethinks the mortgage lifecycle using cloud-native tools, unlocking new growth opportunities for our clients.”</blockquote>
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For more information about the API integration guide between Mast and 10x Banking for the UK mortgage market, please contact:
10x: Frederico Venturieri – VP and Global Head of GTM and Partnerships
Mast: Joy Abisaab – CEO

About 10x Banking:
10x Banking's (10x) mission is to make banking 10x better for customers, banks, and society.
Founded in 2016, the company's next-generation core banking platform, SuperCore®, enables banks to launch products and customer experiences faster and more cost-effectively, powered by real-time data.
The platform supports retail, SME, and corporate banking across current and savings accounts, credit cards, lending, and mortgages.
Available as a SaaS platform hosted in the public cloud, SuperCore is fully managed by 10x to ensure local and regional compliance, robust security, always-on performance, and operational resilience.
Today, 10x powers some of the world's leading banks, supporting greenfield projects, core migrations, and banking as a service partnerships.

About Mast:
Mast is a venture-backed fintech building cloud-native mortgage origination software to help lenders increase capacity, reduce costs and strengthen operational controls. Its products allow lenders to operate more efficiently, react faster to changing market conditions, and focus on offering the best service possible, transforming the buying journey for the borrower.
To keep up to date about Mast in the news and announcements, <a class="c-link c-link--underline" style="color: #4bbb87;" href="https://74n5c4m7.r.eu-west-1.awstrack.me/L0/https:%2F%2Fwww.linkedin.com%2Fcompany%2Fmast-tech/1/0102018cedcdc42e-25816ece-6066-4133-916c-7dd65d14d891-000000/Xg-niAYktDrUnqCLlEht3C44_8M=356" target="_blank" rel="noopener noreferrer" data-stringify-link="https://74n5c4m7.r.eu-west-1.awstrack.me/L0/https:%2F%2Fwww.linkedin.com%2Fcompany%2Fmast-tech/1/0102018cedcdc42e-25816ece-6066-4133-916c-7dd65d14d891-000000/Xg-niAYktDrUnqCLlEht3C44_8M=356" data-sk="tooltip_parent">follow us on: LinkedIn</a>. For any further information please contact <a class="c-link c-link--underline" href="mailto:sales@usemast.com" target="_blank" rel="noopener noreferrer" data-stringify-link="mailto:sales@usemast.com" data-sk="tooltip_parent" aria-haspopup="menu">sales@usemast.com.</a>

10x Banking and Mast partner to enable real-time connectivity for the UK mortgage market

The simple yet powerful ‘open banking in a box’ solution allows banks to remove the complexity of building and managing open banking APIs in-house.

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London – 14 November 2023:

<a style="color: #4bbb87;" href="https://www.10xbanking.com/">10x Banking</a> (10x), the transformational cloud-native SaaS core banking platform, and <a style="color: #4bbb87;" href="https://ozoneapi.com/">Ozone API</a>, the leading provider of compliant open banking API technology, have partnered to simplify the delivery of open banking APIs for banks globally.

By integrating the two platforms, banks can couple real-time banking capabilities with a fast and simple solution that handles the complexity of open banking. For banks currently managing open banking in-house, Ozone API can be used to reduce internal complexity and development resources. While launching open banking in new markets usually takes 12-18 months, Ozone API delivers compliance within weeks, enabling banks to go to market faster.

Globally, banks spend hundreds of millions of pounds every year on basic regulatory compliance. And open banking regulations, which differ by market, are constantly evolving, requiring deep expertise and extensive development. By utilizing 10x SuperCore and Ozone API, banks can also enable new models, such as embedded finance, to serve customers and distribute products in new ways.

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Frederico Venturieri, VP and Global Head of GTM and Partnerships at 10x, commented,
<blockquote>“As Open APIs become the key channel to deliver embedded finance, open banking becomes a critical component for banks which must go beyond merely complying with regulation. By combining SuperCore with Ozone API’s SaaS platform, it becomes much easier for banks to create commercial value and monetize open banking.”</blockquote>
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Huw Davies, Co-Founder and CEO at Ozone API, commented,
<blockquote>“As global specialists in open banking standards, our partnership with 10x makes it easier for banks to reduce complexity in their tech stack, allowing banks to comply with any global open banking standards, so they can focus on accelerating growth and value creation.”</blockquote>
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-ENDS-
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About 10x Banking
<a style="color: #4bbb87;" href="https://www.innovatefinance.com/company/10xbanking/">10x’s</a> mission is to make banking 10x better for customers, banks, and society. Founded in 2016, the company';s next-generation core banking platform,
SuperCore®, enables banks to launch products and customer experiences faster and more cost-effectively, powered by real-time data. The platform supports retail, SME, and corporate banking across current and savings accounts, credit cards, lending, and mortgages. Available as a SaaS platform hosted in the public cloud, SuperCore is fully managed by 10x to ensure local and regional compliance, robust security, always-on performance, and operational resilience. Today, 10x powers some of the world's leading banks, supporting greenfield projects, core migrations, and banking as a service partnerships.

Learn more at: <a style="color: #4bbb87;" href="https://www.10xbanking.com/">www.10xbanking.com</a>

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About Ozone API
<a style="color: #4bbb87;" href="https://www.innovatefinance.com/company/ozone-api/">Ozone API</a> empowers banks and financial institutions to adapt and thrive in the new world of open data, by providing the technology to unlock the power of open finance and change the world. The UK-based fintech provides the leading standards-based open API platform, supporting all global standards and providing the tools and expertise to help banks and financial institutions create real commercial value. With a founding team that led the development of the UK open banking standards, Ozone API continues to shape global open finance helping regulators, banks and technology platforms to accelerate open finance.

Learn more: <a style="color: #4bbb87;" href="https://ozoneapi.com/">https://ozoneapi.com/</a>

10x Banking and Ozone API join forces to help banks harness the power of open banking faster, reducing timelines from months to weeks

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Research commissioned by <a class="c-link c-link--underline" tabindex="-1" href="https://www.10xbanking.com/" target="_blank" rel="noopener noreferrer" data-stringify-link="https://www.10xbanking.com/" data-sk="tooltip_parent" data-remove-tab-index="true">10x Banking</a>, founded by Antony Jenkins, former Group CEO of Barclays, reveals the importance of technological progress to the retention of product teams and market share, which is “key to survival”

London, UK July 12th:

Banks’ digital transformation progress is vital to the retention of their product teams, it has been revealed, with 94% of product managers admitting they would leave their current position to work for a competitor bank with better technology and 92% claiming they would leave for a bank with more ambitious transformation goals.

These figures, revealed as part of a comprehensive research report by 10x, the transformational cloud-native SaaS core bank operating system founded by former Barclays CEO Antony Jenkins, provide insight into how imperative true digital transformation is for the survival of traditional banks.

10x’s research has made it clear that banks must realign their focus on digital progression, driving transformation that not only attracts and retains valued customers, but ensures ambitious product managers are motivated and incentivised to stay.

Surveying more than 150 senior decision makers and more than 150 product managers, business analysts and project managers, across eight markets (UK, South Africa, the Nordics, Australia, New Zealand Germany, India and Vietnam), 10x’s study sought to understand the decision-making process within the world’s leading banks when it comes to digital transformation, specifically their ability to adopt new technologies, respond to market change, roll out new products, and prioritise resource appropriately.

Commenting on the findings, 10x Founder and CEO Antony Jenkins said:
<blockquote>“The core aim of financial institutions should be to securely and responsibly take care of their customers. In order to do so effectively, banks require market-leading talent. As our findings reveal, institutions resistant to digital transformation have committed a significant oversight, as a lack of perceived innovation has rendered them vulnerable to talent shortages. It seems clear that those on the ground recognise the opportunities to be gained by adopting digital processes and can quickly acknowledge when progress is minimal. If banks don’t align with these expectations, employees in their masses are willing to seek roles at banks that do.”</blockquote>
These findings follow previous revelations unearthed by 10x’s research that found 63% of bank managers believe they have lost out on winning new customers due to slow digital transformation. Further, banks admit to losing 20% of their customers due to poor customer experience, a factor closely associated with agile new technologies designed to increase UX and customer satisfaction. Combined, research into customer and employee retention highlights the very real impact that slow digital transformation is having on financial institutions’ ability to remain competitive.
<blockquote>“In an environment where technology is shaping sectors faster than ever before, and upskilling workforces remains a constant challenge, banks must understand that they cannot compete long-term without powerful technology and the skilled workforces able to use it effectively”</blockquote>
 continued Jenkins. 
<blockquote>“Digital transformation in the financial sector is no longer a preference, but a key to survival.”</blockquote>
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-ENDS-

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About 10x Banking
<a style="color: #4bbb87; text-decoration: underline;" href="https://www.10xbanking.com/">10x Banking</a> (10x) is on a mission to transform financial services to make banking 10x better for customers, banks, and society.
Founded in 2016, 10x empowers banks to move from monolithic to next-generation core banking solutions delivered through the world’s most comprehensive and powerful cloud native SaaS bank operating system.
With its secure, reliable, scalable, and modular core banking platform SuperCore®, 10x supports highly customizable product behaviors and accounting rules, integrates with banks’ wider technology estates, and harmonizes with local and regional compliance and regulatory requirements. SuperCore enables banks to deliver products, services, and customer experiences to retail and SME customers faster and more cost-effectively.

Digital transformation a defining factor in banks’ employee retention and future stability, new study reveals

So far, true core banking transformation has been held back by the compromise between fast-to-market but inflexible "configuration" neo cores on one hand, and flexible but highly complex and costly "framework" neo cores on the other.   
The 10x Banking platform offers the best of both worlds, driving a generational leap forward in core banking technology; the world’s first “meta core”. Its modular, highly scalable and customizable core uniquely allows banks to build hyper-personalized products at high-speed and low-cost, using a combination of configuration and coding, supporting any programming language. 
Proven across transformational deployments including Chase UK, Old Mutual and Westpac, 10x Banking offers Retail, SME and Corporate/Commercial banks an accelerated, de-risked pathway to full cloud-native transformation.

10x Banking

So far, true core banking transformation has been held back by the compromise between fast-to-market but inflexible "configuration" neo cores on one hand, and flexible but highly complex and costly "framework" neo cores on the other.   
The 10x Banking platform offers the best of both worlds, driving a generational leap forward in core banking technology; the world’s first “meta core”. Its modular, highly scalable and customizable core uniquely allows banks to build hyper-personalized products at high-speed and low-cost, using a combination of configuration and coding, supporting any programming language. 
Proven across transformational deployments including Chase UK, Old Mutual and Westpac, 10x Banking offers Retail, SME and Corporate/Commercial banks an accelerated, de-risked pathway to full cloud-native transformation.

Founder, Chair and CEO, 10x Future Technologies Group

Antony Jenkins CBE is the Founder, Chair and CEO of 10x Future Technologies Group, a fintech company that aims to redefine how banks operate and engage with customers. His ambition is to be the global bank operating system of choice by applying cloud native technology to everything from checking accounts to savings to loans.  
He is an external member of the Prudential Regulation Committee of the Bank of England, and Chair of Currencies Direct—the U.K.’s first non-bank foreign exchange payments specialists. Antony is also a member of the Advisory Board at Palamon Capital Partners. 
Previously, Antony led a global FTSE 100 financial services business, holding board leadership positions at Barclays Bank, including the Group Chief Executive (2012-2015). He was also responsible for several large business units at Citigroup (1989-2005). 
Additionally, he has chaired Business in the Community and the Institute for Apprenticeships and Technical education. He has held board positions at Visa Europe, Absa Group, Barclays PLC, Fannie Mae and Blockchain.com 
Raised in the North West, Antony was awarded an MA from the University of Oxford and an MBA from Cranfield University. 
 Antony was awarded a CBE for services to business in the Queen’s Birthday Honours in June 2021.