LemonadeLXP Launches BankConnect™ Infrastructure: A Breakthrough Solution for Financial Institutions with .bank Domains

PRESS RELEASE

OTTAWA, CANADA — June 17, 2025 — LemonadeLXP, the leading digital training and enablement platform for financial institutions, today announced the launch of BankConnect™, a groundbreaking new product that solves critical technical challenges for banks with .bank domains while dramatically reducing their implementation costs.

BankConnect™ is the result of a landmark agreement with the .bank domain registry, enabling financial institutions to seamlessly integrate LemonadeLXP's services without compromising on security or incurring substantial additional expenses.

Introducing BankConnect™: Simplifying .bank Compliance

The .bank domain extension provides financial institutions with enhanced security and verification. However, its strict technical requirements have historically created obstacles for banks wanting to use cloud-based services like LemonadeLXP.

"BankConnect™ represents a true innovation in how financial institutions can leverage our platform," said John Findlay, CEO of LemonadeLXP. "We've transformed what was once a complex technical challenge into a simple, affordable framework that maintains the highest security standards while eliminating unnecessary costs."

BankConnect™, in partnership with the .bank registry, enables compliant nameserver integration, maintaining the highest security standards while eliminating costly technical workarounds.

Enterprise-Grade Security Built In

BankConnect™ maintains all the rigorous security protections that make .bank domains the gold standard for financial institutions online.

"Security is at the core of BankConnect™," said Alexandre Lemaire, CTO of LemonadeLXP. "We've integrated Cloudflare's advanced protection systems in alignment with .bank requirements, ensuring our .bank clients receive the same level of security they expect from their .bank domains. BankConnect™ fully complies with all .bank requirements while simplifying the technical implementation."

90% Cost Reduction

The most compelling feature of BankConnect™ is its dramatic impact on implementation costs. Typically, when leveraging CNAME and Cloudflare Business zones, banks needed special technical configurations that increased monthly costs from $25 to $250 – a 900% increase.

"BankConnect™ eliminates these excessive costs entirely," added John. "Financial institutions can now access our digital training platform with enterprise-grade security at the standard pricing tier – saving them thousands of dollars annually while simplifying their compliance burden."

Availability

BankConnect™ is available immediately for all LemonadeLXP customers with .bank domains. Existing customers can contact their account representative for seamless migration to the new system.