Australia's Bendigo And Adelaide Bank Partners With MongoDB To Modernize Its Core Banking Technology With MongoDB Atlas
Portfolio Pulse from Benzinga Newsdesk
Australia's Bendigo and Adelaide Bank has partnered with MongoDB to modernize its core banking technology using MongoDB Atlas and generative AI, aiming to reduce costs and accelerate customer-focused innovation.

June 13, 2024 | 10:14 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
MongoDB has partnered with Bendigo and Adelaide Bank to modernize the bank's core technology using MongoDB Atlas and generative AI, which is expected to reduce costs and enhance customer-focused innovation.
The partnership with Bendigo and Adelaide Bank to modernize its core banking technology using MongoDB Atlas and generative AI is likely to positively impact MongoDB's revenues and market position. The focus on cost reduction and innovation aligns with current market trends favoring technological advancements in the banking sector.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80