Today, we're excited to announce our Business Continuity Tool, a first-of-its-kind solution built to enhance operational resilience for banks in the event of the failure of a third-party partner.
The Business Continuity Tool is a suite of white-labeled digital banking experiences designed to help banks enhance their business continuity procedures and reduce operational disruption in the event of the failure of a third-party program partner—without being dependent on the partner.
The tool is built on top of Unit’s White-Label App, giving end-customers timely access to their banking services and funds via the same account numbers and card numbers that they previously used. This new service can streamline and reduce the uncertainty associated with the wind-down of a third-party program.
“As a critical service provider to our bank customers, reliability is something that we take seriously. Ensuring end-customers maintain access to their deposits and banking products is crucial,” said Itai Damti, CEO and co-founder of Unit. “We built the Business Continuity Tool to empower banks to create more robust risk-management procedures and prevent any disruption in service for end-customers. This innovation is a reflection of our ongoing commitment to building technology for banks and leverages our White-Label App to deliver a solution to minimize impact to end-customers.”
The Business Continuity Tool is available immediately to all bank customers on the Unit platform. If you’re interested in learning more about the Business Continuity Tool or Unit's suite of product offerings for banks, please contact our Bank Sales Team.
Last updated
August 29, 2024