Core Insights - Tangerine Bank has entered a ten-year agreement with Engine by Starling to develop a new digital banking platform for over two million Canadian customers [1][5] - The partnership aims to enhance client experience by transitioning Tangerine's core banking system to Engine's cloud-native platform [1][4] Technology and Features - The new platform will support various banking services including digital onboarding, chequing accounts, savings, overdrafts, debit cards, and money management through a mobile application [2] - Engine by Starling will provide technology and a dedicated team in Toronto to assist Tangerine in delivering improved digital services [2][4] Operational Efficiency - The platform is designed to consolidate account views and support tools for Tangerine's employees, focusing on reducing operational costs and complexity [2] - Engine's core banking system allows for rapid innovation and a quicker time-to-market for new products and features [4][6] Strategic Importance - This agreement marks a significant milestone for Engine by Starling, being their largest deal to date and highlighting their scalable and adaptable technology [6] - Tangerine is Engine's first client in North America, indicating Engine's strategy for international growth and capability development [5][6]