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CR2 achieves “Technology Standout” designation in Celent ABC vendor view for RDBP

(Last Updated On: 5 March 2023)

CR2, a global leader in digital banking and payments business has achieved the “Technology Standout” designation by Celent in their ABC Vendor View for “Retail Digital Banking Platform (RDBP) International Edition.

This report set out to award vendor platforms based on Celent’s proprietary ABC scoring methodology – Advanced technology, Breadth of functionality, Customer base and support. The 2022 edition of the report includes market-leading retail digital banking platforms from across the globe.

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According to Celent, “CR2 stands out for being able to serve a variety of markets. Thanks to its flexible, configurable platform and its support of multiple channels including non-internet based and agency banking. Its strength in payments is evident in its feature scope. Its steady investment in technology has translated into strong implementation and integration scores by customers”.

Commenting on the recognition, Cormac Duncan, Head of Product Management, CR2, said, “We are delighted to receive the “Technology Standout” recognition from Celent. It is always good to get external recognition for the work we do. 2022 marked a significant year with many highlights here at CR2.”

“We continue to develop our BankWorld Platform with a focus that powers our bank partners to deliver user journeys that ‘WOW’ their customers while keeping the technical implementation simple. This commitment to keeping technical implementation simple is very important across financial services and underpins our robust growth strategy,” he added.

About CR2 and Celent

CR2 is a leader in digital banking and payments and powers over 100 banks in 60 countries across the world.

BankWorld is their core digital banking and payments platform that offers the broadest capabilities in market and uniquely integrates Digital Banking, Card Issuing with ATM, and Switching. In addition, CR2’s Partner Ecosystem combines the confidence of BankWorld with access to easy plug-in, third-party Fintech innovations.

In simple terms, CR2 helps financial service providers to build around consumers with technology that supports both customer experience and an ability to deliver consistently.

Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in financial services technology. With a team of internationally experienced analysts, Celent is uniquely positioned to offer strategic advice and market insights on a global basis.

By Latoya Mwanda

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