Tagged: finastra

Finastra, Visa Announce BaaS Offering Integrating Visa Direct

Finastra and Visa ( NYSE: V) announced a Banking as a Service (BaaS) collaboration to co-develop new functionality on its Payments Hub solutions and implement Visa Direct – which provides access “to more than two billion accounts through push to account offerings.” The new capability… Read More

Finastra, HSBC to Bring Banking as a Service FX Capability to Mid-Tier Banks

Finastra and HSBC (NYSE: HSBC) announced that they are working together “to distribute HSBC’s FX services via Finastra’s FusionFabric.cloud platform under a Banking as a Service (BaaS) experience.” This collaboration will “take advantage of the best elements of modern API-driven connectivity with licensed institutions’ secure,… Read More

Embedded Finance: Finastra Introduces Consumer Lending Solution

Finastra recently unveiled its embedded consumer lending solution, “enabling access to traditional regulated lending options for consumers at point-of-sale (POS).” Financial institutions, distributors and merchants will “benefit from a platform that makes it easy for their customers to access lending options.” For end consumers, Finastra… Read More

Rabobank Extends Collaboration with Finastra for its Payments Hub

Finastra recently announced that Rabobank – a large international financial services group headquartered in the Netherlands – has selected “the latest version of Fusion Global PAYplus for increased efficiency and innovation in payments.” Finastra‘s payments hub will also “help the bank migrate to the new… Read More

Mindtree and Finastra to Provide Managed Services Payments Solutions in the Nordics, the UK, Ireland

Mindtree (NSE: MINDTREE), a global tech services and digital transformation company, and Finastra, a financial technology provider, has announced a partnership to bring Finastra’s Fusion Payments To Go payments technology “to banks in the Nordics, the UK and Ireland, as a managed service.” As part… Read More

Finastra Appoints Isabel Fernandez to Support Lending Business Growth

Finastra has confirmed the appointment of Isabel Fernandez, a “highly” regarded senior banking and technology executive, “to the role of EVP for the company’s Lending Business Unit, effective May 2022.” Isabel will be “part of Finastra’s recently expanded leadership team as the company pivots to… Read More

Banking as a Service (BaaS) Continues to Gain Steady Momentum: Report

Finastra recently published a market assessment report, titled “Banking as a Service: Outlook 2022 | Paving the way for Embedded Finance.” The research canvassed the opinions of 1,600 senior industry executives, “exploring the opportunities presented by Banking as a Service (BaaS) – to provide retail… Read More

Finastra Augments Fusion LIBOR Transition Calculator With New Rates in Preparation for Dec. 31 Deadline

Finastra announced this week it has introduced additional alternative reference rates (ARR) and risk-free rates (RFRs) to its Fusion LIBOR Transition Calculator. The move enables banks, corporates and borrowers to calculate ARR in preparation for the end of the majority of LIBOR rates on Dec…. Read More

Finastra Teams Up with Hexaware to Support Virtual Payments for European Banks

Finastra has entered into a partnership with Hexaware Technologies  in order to offer managed services for Finastra’s payments solutions deployed via the Cloud. As mentioned in the announcement, the move should assist Hexaware clients in Germany, Belgium, the United Kingdom and Ireland with taking ownership… Read More

Finastra Integrates Thunes Payments Platform

Thunes, a global payments platform, will be integrated into Finastra’s SaaS payments connectivity platform – Fusion Total Messaging. According to Thunes, the new partnership will allowFinastra’s 8,600 customers to access new payment rails across 115+ markets, helping them to instantly send money. Dawei Wang, Head… Read More

Workers Credit Union Chooses Finastra to Support Innovation and Position for Strategic Growth

Finastra reveals that Workers Credit Union has chosen Fusion Phoenix as its Core banking solution to grow its membership, “future-proof its business and strengthen its position against competitors, including digital banks.” Workers Credit Union will reportedly use Fusion MortgageBot, Fusion ECM, Fusion Originate, Fusion Analytics,… Read More

Fintech Finastra Launches Faster Onboarding Services for Cloud Payments Technology

As Sibos 2021 opened (in a virtual environment) on October 11, 2021, Finastra unveiled its updated instant onboarding capabilities for its Fusion Payments To Go service. As first reported by Finextra, the solution should allow banking institutions to gain access to the benefits of Finastra’s… Read More

Digital Transformation: First National Bank of Manchester Selects Finsatra’s Core Banking Solution

Finastra revealed on Wednesday (September 29, 2021) that First National Bank of Manchester (FNBM) has chosen Fusion Phoenix as its Core banking solution to “best serve its account holders and grow the bank.” As mentioned in a release, the decision represents “an upgrade from its… Read More

Finastra Introduces Total Lending Home to Provide Access to its Lending Services via Single Entry Point

Finastra has introduced Total Lending Home, a Cloud-powered platform for deploying and managing the Total Lending suite of solutions. Lending products offered via the Total Lending Home portal reportedly include Fusion LaserPro, Fusion DepositPro, Fusion Compliance Reporter and ProSign Online, with more lending solutions to… Read More

Allied Payment Network, Finastra to Launch Allied Bitcoin Wallet on FusionStore

Allied Payment Network and Finastra this week announced that Allied Bitcoin Wallet, a new app will soon be launched on Finastra’s FusionStore. The service, created by Allied in partnership with NYDIG, will enable financial institutions to offer their customers and members the ability to buy,… Read More

Fintech Finastra and International Chamber of Commerce to Pilot Trade Funding Marketplace in Ecuador

The International Chamber of Commerce (ICC) and Finastra have announced that they are bringing the trade funding marketplace pilot to Ecuador. ICC TRADECOMM – designed to tap into the international $1.5 trillion trade finance gap – should enable local SMEs to unlock new financing options…. Read More

Global Banks Taking Proactive Tech Approach in 2021: Finastra

Global bank investment strategies are becoming more proactive, data from a Finastra survey suggest. Finastra surveyed 785 professionals from institutions in the US, UK, Singapore, France, Germany, Hong Kong, and the UAE for Financial Services: State of the Nation Survey 2021. In 2021 banks’ top… Read More

London based Fintech Finastra to Offer Fusion Risk Solution to Arkéa Banking Services

Finastra, a financial services software and Cloud-enabled solutions provider, revealed on Tuesday (June 8, 2021) that Arkéa Banking Services, a subsidiary of Crédit Mutuel Arkéa and a company focused on banking and insurance services in France, has chosen Finastra’s Fusion Risk solution to help enhance… Read More

London based Fintech Finastra Partners with Be | Shaping the Future to Offer Managed Services

Finastra, a financial services software and Cloud-enabled solutions provider, has decided to extend its partnership with Be | Shaping the Future, a global group offering consulting, IT and digital engagement services to the financial services sector. The partnership extension should see Be offering managed services… Read More

Fintech Finastra’s Fusion Cloud Core Banking Helps Firms Quickly Deploy Digital-First Banks, Company Exec Explains

The Coronavirus crisis has accelerated digital transformation across the world, including the APAC region, which has resulted in many bank branch closures. There’s also been a significant increase in retail banking activities that’s supported by all-digital challenger banks. These virtual banks are digital-first and are… Read More

Send this to a friend