British Caribbean Bank triggers core banking overhaul with Finastra
The lender has opted to transition its core to the vendor’s Fusion Essence solution.
The lender has opted to transition its core to the vendor’s Fusion Essence solution.
Finastra’s tech will enable the bank to deliver instant payment services including FedNow and RTP.
Stawchansky will be responsible for guiding the firm’s customer technology and GenAI development plans.
The group is migrating from Finastra’s Equation core to its cloud-based Essence solution.
LPBank says its deal with Finastra forms part of its wider digital transformation strategy.
The bank’s new portal will service its corporate clients with digital workflows and host-to-host integration solutions.
The bank can now offer financial institutions access to Europe’s TARGET Instant Payments Settlements (TIPS).
Innovative technologies are bringing the future of payments forward for banks.
The San Marino-based fintech will deploy Finastra’s SaaS solution for high-value corporate payment processing.
This is the third building society client deploying Finastra’s Essence solution.
Finastra says its tech will enable the bank to leverage the benefits of ISO 20022’s data-rich MX messaging format.
BKN301 Group’s long term strategy is to bring a BaaS payments solution to corporates in the MENA region.
The company will deploy Finastra’s Essence and Retail Analytics offerings.
Finastra will migrate the bank’s Fusion Phoenix core solution from on-site hosting to the cloud.
The corporate digital banking platform unifies trade, supply chain finance, lending and treasury services.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Seattle Bank customers can now access loans for high-value transactions directly through merchants.
Vemanti will deploy Finastra’s Fusion Essence solution, with plans to launch initially in Vietnam.
Cover story: FACE OFF – Confrontation can be a good thing.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Finastra is understood to be exploring the sale of its banking portfolio for as much as $7 billion.
The UK’s fifth largest building society looks to replace core tech and hire more tech staff.
FinTech Futures recaps five of the top core banking deals of 2022.
FinWise says it selected Finastra to propel its banking business and build on its fintech partnership lending programme.
The bank is expanding its partnership with Finastra to introduce new business payments services.
The bank will deploy Finastra’s end-to-end working capital solution, Fusion Trade Innovation.
The firm will utilise Finastra’s Fusion Essence and Fusion Payments To Go solutions.
Union Bancaire pour le Commerce et l’Industrie (UBCI) modernises trade and cash management tech.
The bank has migrated the operations of Scotiabank (Belize) onto Finastra’s Fusion Essence platform.
The two firms have worked together, leveraging Finastra’s Unified Corporate Portal solution, since October 2021.
The bank is moving its treasury activities to the cloud with Finastra’s Kondor solution.
The firms say the move will enable banks to embed FX services “directly” into corporate and branch channels.
Project New Era, set to launch in September, is a pilot evaluating the future digital currency ecosystem in the UK.
Microsoft says the partnership will drive value for SMEs, “the backbone of job creation in the world’s economy”.
FinTech Futures takes a look back at some of the year’s top core banking deals.
Finastra’s Fusion Essence Cloud solution will power the bank’s planned subsidiary in the Philippines.
The buyer is CloudWing Network Technologies, a subsidiary of Hundsun Technologies.
Exciting vacancies at Finastra, OakNorth and Grant Thornton. Apply today!
Exciting vacancies at OakNorth, Finastra and Oracle. Apply today!
The Massachusetts-based firm is also taking a handful of ancillary Finastra systems.