Tagged: finastra

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

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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

Isabel Fernandez

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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

Plug and Play Joins Forces With Finastra For FusionFabric.cloud Platform Expansion

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Plug and Play recently announced it has joined forces with UK-based fintech Finastra to help expand the FusionFabric.cloud platform for open innovation. Plug and Play reported that through the collaboration, it will support Finastra with the ultimate goal of bringing more fintechs to the platform to bring… Read More

Fintech Finastra Partners Indian Multinational Firm HCL Technologies to Offer Treasury Management Services

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Finastra, a financial services software and Cloud-enabled solutions provider, has confirmed that it will be teaming up with HCL Technologies, an India-based multinational tech firm, in order to offer treasury management technology via the Cloud to smaller banks based in Europe, North America, India, and… Read More

Digital Transformation: Fintech Finastra to Assist Shinhan Bank Vietnam with Integrating New Trading and Risk Software

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Finastra, a financial services software and Cloud-enabled solutions provider, has revealed that Shinhan Bank Vietnam has decided to integrate its trading and risk software with the Fusion Kondor and Fusion Risk solutions. These solutions have been chosen because they’re supposed to offer greater flexibility and… Read More

Digital Transformation: Fintech Finastra to Provide Core Banking Solutions to Detroit’s First Independence Bank

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Finastra, a financial services software provider, has revealed that its Fusion Phoenix core product will be used by the First Independence Bank, which was established in 1970. The institution has been serving the banking needs or requirements of the Detroit Metropolitan area. It’s one of… Read More

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