Sandstone Technology and Chetwood Bank have won the IBSi Digital Banking Award 2025 in the “Customer and Program Impact” category. The award recognizes the successful launch of Chetwood Bank’s upgraded digital savings platform, developed in partnership with Sandstone Technology.
The platform was rolled out in under seven months, automating the customer onboarding process and significantly improving the user experience. Since its launch, Chetwood Bank has seen a 39% increase in customers completing the application journey and opening savings accounts, demonstrating the platform’s efficiency and customer-focused design.
The IBSi Digital Banking Awards saw more than 100 nominations and participation from over 20 technology vendors across various categories. The competition was intense, making the win for Chetwood Bank and Sandstone Technology all the more significant. Their collaboration highlights how strong technology partnerships can deliver impactful business results.
The project’s success is a result of the close alignment between Sandstone Technology and Chetwood Bank. The teams worked together to ensure the platform met customer needs while being efficient to implement. Both companies celebrated the achievement, emphasizing the importance of collaboration, innovation, and agility in delivering meaningful digital solutions.
The IBSi Digital Banking Awards recognize excellence in digital banking and innovation. With the fast-paced changes in the industry, this recognition highlights the tangible impact of Chetwood Bank and Sandstone Technology’s work. The platform has proven to be a game-changer, driving business growth while enhancing customer satisfaction.
As digital banking continues to evolve, collaborations like this one between Sandstone Technology and Chetwood Bank will shape the future of financial services. This award-winning project stands as an example of how technology can drive transformation in the banking industry.
