UST Acquires Prodigy Labs, Bettering its Talent to Pressure Virtual Transformation within the Monetary Sector in Canada

UST Acquires Prodigy Labs, Bettering its Talent to Pressure Virtual Transformation within the Monetary Sector in Canada

Addition of enhanced end-to-end monetary answers additional strengthens UST’s complete portfolio of products and services

TORONTO and ALISO VIEJO, Calif., Jan. 31, 2023 /PRNewswire/ — UST, a number one virtual transformation answers corporate, has obtained TCB Company, a Canadian generation provider corporate that operates beneath the title of Prodigy Labs, as a part of a maintain Prodigy Ventures Inc. (TSXV: PGV) that shall be price as much as CAD12.5 million. A number one supplier of leading edge generation answers, Prodigy Labs performs an energetic function serving to monetary products and services company pressure complete virtual transformation campaigns. The purchase considerably strengthens UST’s place within the monetary products and services sector.

This newest strategic transfer aligns with UST’s focal point on turning in trendy answers that assist monetary establishments boost up their virtual transformation. The purchase of Prodigy Labs will permit UST to expand answers that make it more uncomplicated for monetary establishments to totally take part within the impulsively increasing monetary products and services panorama. Along with additional strengthening the corporate’s virtual transformation functions within the monetary products and services sector, the purchase expands UST’s presence within the Canadian marketplace.

“The Canadian monetary sector is evolving in a lot of thrilling techniques, and the purchase of Prodigy Labs will place UST for long run luck in a rising marketplace. Including the state-of-the-art answers advanced by way of Prodigy Labs will beef up UST’s products and services portfolio, making improvements to our talent to ship end-to-end virtual transformation within the monetary products and services trade,” stated Mehmet Pasa, Basic Supervisor for Banking and Bills, UST.

“With the purchase of Prodigy Labs, UST is including further energy and capacity to its apply of turning in end-to-end virtual transformation within the monetary products and services trade. UST is in a position for the longer term and may be in a position to assist transfer monetary establishments into a contemporary virtual framework for the supply of a firstclass buyer and member revel in. This strategic acquisition positions us for luck within the Canadian monetary products and services marketplace, a key vertical for UST, improving our talent to satisfy call for on this dynamic sector whilst additionally offering close to shore enhance to serve the USA marketplace,” stated Sunil Kanchi, Leader Knowledge Officer and Leader Funding Officer, UST.

“Prodigy Labs has performed an energetic function in modernizing provider supply, and strengthening Prodigy Labs’ dating with UST will empower its staff to stay turning in those essential products and services to its faithful consumer base. I’m excited that Prodigy Labs will proceed its expansion as a UST corporate, construction on its monetary energy and vast world portfolio of goods, products and services and assets,” stated Tom Beckerman, Founder, Chairman & CEO, Prodigy Ventures.

UST is dedicated to improving its competitiveness by way of taking part with main organizations advancing groundbreaking virtual transformation answers that simplify operations for shoppers and inner stakeholders alike.

About UST

For greater than 23 years, UST has labored aspect by way of aspect with the arena’s ideally suited firms to make an actual affect thru transformation. Powered by way of generation, impressed by way of other folks, and led by way of our objective, we spouse with our shoppers from design to operation. Thru our nimble manner, we establish their core demanding situations, and craft disruptive answers that convey their imaginative and prescient to existence. With deep area experience and a future-proof philosophy, we embed innovation and agility into our shoppers’ organizations—turning in measurable worth and lasting alternate throughout industries, and around the globe. In combination, with over 30,000 workers in 30+ nations, we construct for boundless affect—touching billions of lives within the procedure. Consult with us at www.UST.com

About Prodigy Ventures Inc.

Prodigy delivers Fintech innovation. The Corporate supplies vanguard platforms, together with IDVerifact™ for virtual identification, and tunl.™ for open banking and buyer chat enhance, coupled with seamless integration of our companions best-of-breed Fintech platforms. Prodigy has been identified as one in all Canada’s quickest rising firms with more than one awards.

Media Contacts, UST:

Tinu Cherian Abraham
+1 (949) 415-9857

Merrick Laravea
+1 (949) 416-6212

Neha Misri
+91-9284726602
[email protected]

Media Contacts, U.S.:
S&C PR
+1-646.941.9139
[email protected]

Makovsky
[email protected]

Media Contacts, Australia:

Workforce Lewis
[email protected] 

Media Contacts, U.Okay.:
FTI Consulting
[email protected]

Emblem: https://mma.prnewswire.com/media/1422658/UST_Logo.jpg

SOURCE UST

UST Acquires Prodigy Labs, Bettering its Talent to Pressure Virtual Transformation within the Monetary Sector in Canada

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