The partnership between a global software leader in banking & financial services and a cloud-based 4th generation core banking platform aims to improve operational efficiency, reduce risk, and support long-term growth.
BOCA RATON, Fla., & PEACHTREE CORNERS, GA - Aug. 25, 2026 /PRNewswire/ Alogent, a global software leader in the banking and financial services market, and Open Banking Solutions (“OBS”), an advanced, cloud-based core and digital banking solution designed to give community-based financial institutions a competitive edge in the rapidly evolving landscape, have entered into a strategic partnership. This collaboration aims to provide credit unions and financial institutions with a more comprehensive and streamlined banking technology ecosystem that meets modern demands.
Alogent and Open Banking Solutions Join Forces to Bring Unified Technology Ecosystem to Financial Institutions of All Sizes
As technology rapidly continues to evolve in ways which merge the digital space with everyday life, it creates both fresh opportunities and new challenges. Fraud threats are on the rise and operational demands keep increasing. As a result, banks and credit unions have begun to move away from siloed solutions in favor of integrated platforms which provide greater visibility across the enterprise, streamline workflows, and improve risk management.
Alogent and OBS have established a strategic partnership to help financial institutions better address these challenges. The collaboration leverages two state-of-the-art solutions: OBS’ 4th generation, cloud-based core banking platform and Alogent’s Unify platform which provides end-to-end Day 1 and Day 2 deposit processing, including all deposit channels, back-office automation, and check fraud prevention.
Alogent is a global software leader in the banking and financial services market which provides proven, end-to-end check payment processing, and enterprise content, information, and loan management platforms, to financial institutions of all sizes, including credit unions, community banks, and some of the largest national and international institutions.
Open Banking Solutions (OBS) is a fully featured core banking platform that includes integrated state-of-the-art digital banking, digital account opening of all product types, workflow engine, management dashboards and reporting, loan collections, G/L and Open Banking ready APIs. Its scalable and cost-effective cloud solutions can integrate and evolve alongside businesses through flexible and commercially friendly contracts.
Together, Alogent and OBS offer banks and credit unions a streamlined technology solution designed to improve operational efficiency, reduce risk, and support long-term growth. Credit unions and financial institutions can now have access to a more robust, integrated technology ecosystem that combines a modern core banking platform with proven deposit automation and check fraud prevention.
By partnering with Alogent, OBS expands its ecosystem with a trusted leader in check processing and digital payment technologies, giving banks and credit unions greater flexibility, faster access to specialized capabilities, and preferred commercial terms. The announcement is timely because financial institutions are actively evaluating modernization strategies that reduce implementation complexity while preserving access to proven technology partners.
“Most comprehensive solution in the industry that supports teller capture, back counter, mobile capture and check processing will provide unparallel service to our banks and credit unions,” said Joe Lockwood, CEO of Open Banking Solutions.
"Financial institutions are under increasing pressure to modernize operations and reduce complexity without adding more disconnected systems," said Dede Wakefield, CEO of Alogent. "Together, OBS and Alogent deliver a unified technology ecosystem that helps banks and credit unions automate deposit operations and strengthen fraud prevention, while reducing technology sprawl and providing the scalability and enterprise-wide visibility needed for future growth,” said Dede Wakefield, CEO of Alogent.
Learn more about these solutions and the partnership by scheduling a demo with OBS.
About Alogent
Alogent provides proven, end-to-end check payment processing, and enterprise content, information, and loan management platforms, to financial institutions of all sizes, including credit unions, community banks, and some of the largest national and international institutions. Our unique approach spans the entire transaction ecosystem – capturing and digitizing transaction data, exception tracking, and automating entire transaction and loan management workflows so that information is available across the enterprise. Alogent’s solution suites leverage the latest in machine learning and predictive analytics, including enterprise-wide data intelligence and reporting solutions that enable financial institutions to deliver products and services that boost engagement through personalization and data-backed decisions. Learn more about Alogent at www.alogent.com
About Open Banking Solutions
Open Banking Solutions is an advanced, cloud-based core and digital banking solution designed to give community-based financial institutions a competitive edge in the rapidly evolving landscape. Launched in the US, in February 2023, the platform boasts a robust cloud core processor that can streamline workflows and scale with the businesses as they grow. Open Banking Solutions is a full featured core banking platform that includes integrated state-of-the-art digital banking, digital account opening of all product types, workflow engine, management dashboards and reporting, loan collections, G/Land Open Banking ready APIs. It can integrate with businesses through industry shattering flexible and commercially friendly contracts. This next generation full suite of solutions is built by a team of experts with over a century of experience serving community-based financial institutions.
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SOURCE Alogent and Open Banking Solutions