Savana, which claims to be one of the industry leaders in financial software for banks and Fintechs, announced that Battle Financial, Inc., building the proposed Eagle County Colorado-based Battle Bank, has selected Savana “as the digital delivery platform to orchestrate its technology ecosystem and automate processes between the core products and customer channels.”
Additionally, the bank will reportedly be the first “to leverage Savana’s newly launched online and mobile digital banking experience for consumer banking, business banking and account opening.”
Pending regulatory approval, Battle Bank is “expected to launch in early 2023 and is led by two pioneers in the banking industry, Frank Trotter and Vincent Amato.” Both were part of the former group of founders of everBank.com, which was eventually “acquired at just over $27 billion in total assets by TIAA in June 2017.”
Frank Trotter, President, Battle Financial, Inc., said:
“We’re building Battle Bank for the non-conforming. A national community bank of sorts, that empowers people to make better, more informed banking decisions. An important piece of delivering on this promise is ensuring on day one that customers have a streamlined and intuitive user experience each time they interact with the bank from account opening to daily maintenance — we’ve partnered with Savana to deliver exactly that.”
While the Savana platform’s robust API library can be leveraged to enhance the functionality of any new or existing digital UX for banks, Battle Bank prioritized “reduced complexity and speed-to-market in choosing Savana’s end-to-end digital solution.”
As a result, Battle Bank will “benefit from a single, holistically designed platform encompassing the mobile and online experience, as well as the real-time orchestration of processes and transaction requests across the enterprise.”
Mike Wolfel, CEO, Savana, remarked:
“We are proud to be selected by Battle Financial, Inc. as the digital delivery platform for Battle Bank. The bank can now shape and own its processes and digital experience together through a single platform, a key differentiator illustrating Battle Bank’s commitment to revolutionizing the banking experience.”
