Tag "Finastra"

Modernization Meets AI as Instant Payments Define the Future

The financial services landscape is radically transforming, driven by evolving customer demands and constant technological advancements, with the payments sector at the forefront. In an age of digital commerce, the demand for real-time, frictionless payments is higher than ever. Consumers

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Microsoft Deepens Partnership with Finastra to Help Banks Modernize Trade

Financial services software and cloud solutions provider Finastra have entered into a multi-year global agreement with Microsoft for trade platform modernization. Powered by a full microservices architecture using Microsoft Azure, the Finastra Trade Innovation platform in cloud will enhance banks’

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Revolutionising Swiss Banking: Why Instant Payments are the Future

The demand for instant payment (IP) services around the world has soared in recent years, primarily driven by shifting customer expectations for fast, convenient, and seamless fund transfers. In response to this demand, the Swiss Interbank Clearing (SIC) payment system

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Finastra Partners Fragmos Chain to Digitalise OTC Derivatives Post-Trade

Finastra is collaborating with French blockchain platform Fragmos Chain to provide out-of-the-box integration with Finastra Summit, its over-the-counter (OTC) derivatives market solution. The API-first integration via FusionFabric.cloud enables banks globally to digitalise their OTC derivatives products to reduce the costs

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Finastra Integrates With Visa Direct for Cross Border Payouts

Financial services software and cloud solutions provider Finastra and Visa will co-develop new functionality to enable banks and financial institutions to offer their SME and individual clients cross-border payout solutions in multiple currencies and countries. The collaboration integrates Finastra’s Payments

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Finastra Partners With Microsoft to Offer Financing Options for North American SMEs

Financial services software and cloud solutions provider Finastra announced a Banking as a Service (BaaS) collaboration with Microsoft to bring new lending options to thousands of Small and Medium Enterprises (SMEs). Finastra’s SME embedded finance solution on Microsoft Dynamics 365

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Finastra Study: Banking-as-a-Service to Gain Massive Traction in the Next Year

According to a global study by Finastra, Banking-as-a-Service (BaaS) and inclusive banking services will have a significant impact on the industry over the next twelve months. While this trend is expected worldwide by 85 percent of the surveyed global financial

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ICC and Finastra Team up To Close the Growing Trade Finance Gap

The International Chamber of Commerce (ICC) and Finastra, a London-based financial services software and cloud solutions provider, have committed to a strategic initiative to tackle the growing trade finance gap. Both organisations are orchestrating an ecosystem and exploring the development

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Studie: Banken in Deutschland riskieren Rückstand im Open Banking

Eine Studie von Finastra zeigt, dass 75 Prozent der Banken in Deutschland offene Programmierschnittstellen (APIs) in den kommenden zwölf Monaten einsetzen wollen, um Open Banking zu ermöglichen – im Vergleich zu durchschnittlich 88 Prozent in anderen Ländern. Zudem ist Open

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White Paper Outlines Need for Smaller Lenders to Collaborate with Fintechs

Community banks and credit unions are struggling to keep up with the pace of innovation due to limited capacity, lack of skills, and limited budget. Given these limitations, smaller lenders must collaborate with fintech companies to meet fast-changing customer demands

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