Skip to content
Banking, Finance Investment

Sandstone Technology and Chetwood Bank Win at IBS Intelligence Digital Banking Awards 2025

Sandstone Technology 2 mins read

Sandstone Technology, in collaboration with Chetwood Bank, is proud to announce that we have been awarded the IBSi Digital Banking Award 2025 in the Customer and Program Impact category.

 

The award recognises the outstanding success of Chetwood Bank’s digital savings platform, delivered in partnership with Sandstone Technology. After a swift deployment which took less than seven months, Chetwood’s customers are now fully onboarded onto their new digital banking platform, with full automation of onboarding checks. Furthermore, the Bank has seen an impressive 39% increase in customers transitioning through the application journey and opening a savings account. 

With over 100 nominations and more than 20 technology vendors competing across five categories, this year’s IBS Intelligence Awards were more competitive than ever. Winning amidst such strong competition highlights the strength of what a solid technology partnership can achieve when the two organisations are aligned across execution, customer experience and the transformative objectives for the business. 


"At Sandstone Technology, driving real-world impact for our banking partners is at the heart of everything we do," said Sandstone Technology’s Chief Customer Officer, Jennifer Harris. "This award is a testament to the incredible collaboration between Sandstone Technology and Chetwood Bank and what an aligned vision can achieve when there is mutual understanding and respect across our teams." 

Nikhil Gokhale, Director - Research & Digital Properties at IBS Intelligence said, “Congratulations to Chetwood Bank and Sandstone Technology for winning in the Customer & Program Impact category at the 2025 edition of the IBSi Digital Banking Awards. Their efforts in creating meaningful, personalised digital experiences have delivered real value to the customers. This recognition is a strong validation of their program’s tangible success and customer-first mindset.”

"We’re incredibly proud to have won this award in partnership with Sandstone Technology. From the outset, our teams were united by a shared vision — to deliver something truly impactful for our customers, and quickly. This recognition is not just a celebration of the result, but of the collaboration, agility, and innovation that made it possible”, said Carly Morris, Head of Savings at Chetwood Bank.


About us:

About Sandstone Technology 
Sandstone Technology delivers innovative digital banking and origination solutions for financial institutions across the globe. Leveraging over 25 years of expertise to enhance customer and banking staff experiences across retail and business banking, Sandstone’s focus is to make the complex simple with secure, compliant, cloud-based technology. 

About Chetwood Bank 
Chetwood Financial Limited, trading as Chetwood Bank, is a fully authorised UK bank dedicated to getting the basics right and offering straightforward savings and mortgages. Our no nonsense approach is designed for real people and their real lives.  
 
Chetwood Bank is a trading name of Chetwood Financial Limited, company number 09964966. Chetwood Financial Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, under registration number 740551. Authorisation can be checked on the Financial Services Register at www.fca.org.uk. We’re also registered with the Information Commissioner’s Office under registration ZA218401 and we’re a member of CIFAS, the UK’s leading fraud prevention service. Chetwood Financial Limited is registered in England and Wales and our offices are at Ellice Way, Wrexham Technology Park, Wrexham, LL13 7YT.  

For all media enquiries, please email: [email protected]

Media

More from this category

  • Banking, Finance Investment
  • 09/12/2025
  • 08:00
Money magazine

Money magazine names best telco providers for 2026

Money has awarded the best-value telco providers for 2026, showcasing providers who can help Aussies save on their monthly internet and mobile bills. TPG was equal first in two of the three mobile awards, with the TPG 50GB medium plan taking top spot alongside the iiNet 50GB medium plan (noting iiNet is owned by TPG Telecom) in the Best-Value Mobile Plans – High Usage category, and the TPG 25GB small plan winning the Best-Value Mobile Plan – International Calls alongside the iiNet 25GB small plan. The TPG 50GB medium plan is $35 per month and $315 annual, prepaid monthly and…

  • Finance Investment
  • 09/12/2025
  • 01:55
RK Equity

RK Equity Releases Policy White Paper Proposing a USA Strategic Lithium Reserve

A Market-Based Mechanism to Stabilize Lithium Prices, Counter China’s Oversupply, and Enable Western Supply Chain InvestmentNEW YORK, Dec. 08, 2025 (GLOBE NEWSWIRE) -- RK Equity today released a new policy white paper titled “The USA Strategic Lithium Reserve: Stabilizing Price Volatility from China-Dominated Oversupply.” The report outlines a practical, rapidly deployable mechanism the United States can use to counter extreme lithium price volatility and reduce dependence on Chinese chemical conversion.The paper argues that a U.S. Strategic Lithium Reserve (SLR)—modeled on the Strategic Petroleum Reserve—could provide the price stability needed for private capital to finance new lithium mining and conversion projects across the Western…

  • Finance Investment
  • 08/12/2025
  • 21:55
Bitget Limited

Bitget October 2025 Protection Fund Maintains $741M Average Despite Slumptober

VICTORIA, Seychelles, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Bitget, the world’s largest Universal Exchange (UEX), today released its October 2025 Protection Fund report, recording an average monthly valuation of $741,435,710 despite a challenging month across digital asset markets. The fund peaked at $811,031,000 on October 6 and registered a monthly low of $691,886,000 on October 17, maintaining stability even as broader crypto prices declined.October marked one of the more turbulent months for the industry this year, with major assets facing sharp corrections and heightened volatility. Against this backdrop, Bitget’s Protection Fund, established in 2022 with a base commitment of $300…

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time you distribute with Medianet. Pay per release or save with a subscription.