Tangerine Bank (owned by the Bank of Nova Scotia) is teaming up with UK-based fintech company Engine by Starling to overhaul its core digital banking system under a new 10-year agreement.

The deal will see Tangerine—which serves more than 2 million clients in Canada—move its banking operations to Engine’s cloud-based platform. The system will replace Tangerine’s current infrastructure and aims to improve how customers open accounts, manage money, and access everyday banking tools such as chequing, savings, overdraft, and debit card services.

Tangerine says the update will also make it easier to roll out new products faster while reducing back-end complexity for staff.

For Engine, the partnership marks its first major contract in North America. The company, which spun out of the UK’s Sta

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