Market Overview

Pitney Bowes Partners with Genpact to Leverage Best-in-Class Digital Technology Platform for Financial Services Business


Wheeler Financial™ from Pitney Bowes Launched to Provide Equipment
Financing to Small and Medium Businesses

Pitney Bowes Inc. (NYSE:PBI), a global technology company that provides
commerce solutions in the areas of ecommerce, shipping, mailing,
finance, and data, today announced a partnership with Genpact (NYSE:G),
a global professional services firm focused on delivering digital
transformation. This innovative partnership allows Pitney Bowes to
leverage a best-in-class digital technology platform to expand its
lending capabilities.

This press release features multimedia. View the full release here:

Through Genpact's business-process-as-a-service (BPaaS) capability, one
of the first of its kind in the equipment finance market, Pitney Bowes'
will offer its clients a unique, state of the art equipment finance
platform. This managed services operating model will allow Wheeler
Financial, which Pitney Bowes launched today, to scale quickly and meet
market and customer needs in a flexible and agile manner. Wheeler
Financial will help clients purchase new equipment and services critical
to the industries in which they operate with loans, leases, and other
financial structures.

"Pitney Bowes has the reach, distribution, and capital to continue to
invest in the needs of our clients," said Marc B. Lautenbach, President
and Chief Executive Officer, Pitney Bowes. "Our partnership with Genpact
gives us a digital technology platform and innovative business model to
deliver a cost efficient, seamless customer experience. We are building
a stronger future together with our clients for mutual growth."

Genpact brings its decades-long operations experience in equipment
finance to provide digital technology, process expertise, and portfolio
and customer operations support. Through its digital business platform
Genpact Cora, Genpact is committed to transforming and innovating the
technology that supports the equipment finance market, leveraging
advanced technologies such as artificial intelligence and robotic
process automation.

"Equipment leasing is a dynamic industry with changing market conditions
that demand agile, efficient operations—especially critical to meet the
needs of small and medium sized business that often operate on tight
margins," said NV "Tiger" Tyagarajan, Genpact President and Chief
Executive Officer. "The innovative BPaaS model we are creating with
Pitney Bowes leverages digital technology and advanced analytics to
provide faster and better access to data enabling smarter, quicker, and
more strategic asset financing decisions along with superior customer

Focused on financing for equipment beyond what Pitney Bowes
manufactures, Wheeler Financial provides flexible financing solutions
for multiple needs of small and medium businesses and is committed to
investing in clients' sustainability and growth.

"Continuing our history of innovation, we are taking a new approach to
the equipment finance market," said Christopher Johnson, Senior Vice
President and President, Pitney Bowes Financial Services. "In partnering
with Genpact, we can access both digital, best in class technology, and
managed services that allow us to be more agile and cost efficient in
the marketplace. This allows us to gain scale efficiently to meet our
client's needs. This partnership adds an important additional dimension
to our competitiveness."

Pitney Bowes Financial Services has been providing commercial lending
opportunities and solutions to purchase Pitney Bowes equipment for more
than 30 years; financing over $10B to date. The Pitney Bowes Bank, Inc.,
Member FDIC, resides in Salt Lake City, Utah and was established in 1997
to facilitate buying of U.S. postage – a form of currency. Pitney Bowes
clients can access extended lines of credit for postage, supplies,
shipping expenses and postal equipment rental. In addition, they can
hold deposit accounts and earn interest while they prepay for postage

Pitney Bowes is continuing to reinvest in its financial services
business as it makes resources available to its significant small and
medium business client base. The company has facilitated commerce for
nearly 100-years and is committed to having a positive impact on local
communities and jobs.

Visit the Wheeler
Financial from Pitney Bowes
website to learn more. See Genpact's
website for more details on its commercial
leasing and leading solutions

About Pitney Bowes
Pitney Bowes (NYSE:PBI) is a global
technology company providing commerce solutions that power billions of
transactions. Clients around the world, including 90 percent of the
Fortune 500, rely on the accuracy and precision delivered by Pitney
Bowes solutions, analytics, and APIs in the areas of ecommerce
fulfillment, shipping and returns; cross-border ecommerce; office
mailing and shipping; presort services; location data; customer
information and engagement software; services; and financing. For nearly
100 years Pitney Bowes has been innovating and delivering technologies
that remove the complexity of getting commerce transactions precisely
right. For additional information visit Pitney Bowes, the Craftsmen of
Commerce, at

About Wheeler Financial from Pitney Bowes
Wheeler Financial™
from Pitney Bowes is a subsidiary of the Pitney Bowes Bank, member FDIC,
dedicated to helping small to lower middle market clients acquire the
critical assets they need to grow and expand their business with
innovative financing solutions. The Pitney Bowes Bank, together with
Pitney Bowes, has been leasing Pitney Bowes equipment for over 20 years.
Our expansion into helping our clients finance other purchases reflect
our continued commitment to helping our customers grow efficiently and

About Genpact
Genpact (NYSE:G) is a global professional
services firm that makes business transformation real. We drive
digital-led innovation and digitally-enabled intelligent operations for
our clients, guided by our experience running thousands of processes
primarily for Global Fortune 500 companies. We think with design, dream
in digital, and solve problems with data and analytics. Combining our
expertise in end-to-end operations and our AI-based platform, Genpact
Cora, we focus on the details – all 87,000+ of us. From New York to New
Delhi and more than 25 countries in between, we connect every dot,
reimagine every process, and reinvent companies' ways of working. We
know that reimagining each step from start to finish creates better
business outcomes. Whatever it is, we'll be there with you –
accelerating digital transformation to create bold, lasting results –
because transformation
happens here
. Get to know us at
and on LinkedIn,
and Facebook.

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