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Mphasis-Tone Tag tie-up for digital banking solutions

The Dollar Business Bureau Bangalore-based Mphasis and ToneTag on May 16 announced a strategic partnership in order to provide an array of digital banking solutions for retail and banking sectors. According to the deal, IT services provider Mphasis will work together with ToneTag to create solutions and serve as an integration partner for ToneTag's sound-based technology all over the world to facilitate contact-less proximity communication, customer engagement services and location-based services, apart from other solutions. With this partnership, Mphasis will offer frictionless checkout solutions and omni-channel client engagement that can benefit bank branches, dealerships, physical outlets and experience stores, Mphasis said in a statement. Through the agreement, both the companies aim to augment the experience of retail in the offline establishments of both banking ...