Finastra - News, Articles & Research

Finextra TV/cloud

Lending Modernisation: Quick Wins for Banks

Join FinextraTV in conversation with Robert Downs, Global Head of Corporate & Syndicated Lending, Finastra and Prakash Pattni, Managing Director - Digital Transformation, IBM Cloud for Financial Services, IBM, as we explore a plethora of topics including digitalisation gaps, cloud innovation, data and knowledge management, regulation, and competition and how they all intersect with each other to modernise lending. This compelling conversation explores current problems with data in the lending industry and how modern technologies such as AI and automation transform lending processes, products and ensure quick wins for banks.

22 May 2024

Company announcement/retail

Cache Valley Bank re-builds tech stack with Finastra

Finastra today announced that Cache Valley Bank, a community bank with $2.9 billion in assets serving Utah and Southern Idaho, has expanded its collaboration with the financial software provider, gaining increased flexibility and agility through its cloud-based solutions.

16 May 2024

Company announcement/payments

Finastra gets Fed ISO 20022 certification

Finastra, a global provider of financial software applications and marketplaces, today announced it has completed testing and certification through the Federal Reserve for ISO 20022, becoming one of the first vendors in the industry to complete the process for multiple solutions.

13 May 2024

Company announcement/wholesale

Finastra seeks to redefine Kondo user experience with OpenFin

Finastra, a global provider of financial software applications and marketplaces, and OpenFin today announced a partnership to redefine the user experience of Finastra Kondor, a leading bank treasury management system.

01 May 2024

Company announcement/security

Finastra supports Confirmation-of-Payee checks for ScotPayments

Finastra, a global provider of financial software applications and marketplaces, today announced the go-live of its Bacsactive-IP Confirmation of Payee (CoP) service with ScotPayments, a centralized payments platform that supports the digital transformation of public services in Scotland.

29 April 2024

Company announcement/retail

Finastra unveils Next Gen Mobile Banking

Today at Ignite! 2024, Finastra, a global provider of financial software applications and marketplaces, announced the availability of its latest mobile banking software, Next Gen Mobile Banking, a new digital banking experience for community banks and credit unions.

24 April 2024

News/payments

NextGen Nordics 2024: The current state of play of cross-border payments

Moderating the second panel of the day, Niamh Curran, senior reporter at Finextra, discussed real-time cross border payments with Patrik Havander, head of B2B Connect Europe at Visa, Christian Schwarz, director payments Europe at Finastra, Dr Hubertus von Poser, member of the management board at PPI, Colin Williams, global lead for clearing transformation at J.P. Morgan, and Jenny Winther, head of payment schemes at Svenska Handelsbanken.

23 April 2024

Company announcement/cloud

British Caribbean Bank picks Finastra Essence

Finastra, a global provider of financial software applications and marketplaces, announces that British Caribbean Bank Limited (BCB), a Turks and Caicos-based financial institution offering international bank accounts and customized loan options, has selected Finastra Essence, deployed on Microsoft Azure cloud, to modernize its core technology and transform its back-office operations.

22 April 2024

Company announcement/retail

Finastra launches online marketplace for retail lending

Finastra, a global provider of financial software applications and marketplaces, today announced the launch of the Solution Store, an innovative online platform that offers customers the convenience of browsing and purchasing Finastra retail lending solutions.

17 April 2024

Company announcement/sustainable

Finastra works with TradeSun on sustainable supply chain finance

Finastra today announced that it has integrated AI-powered ESG (environmental, social and governance) scoring capabilities into its working capital solution, Trade Innovation.

16 April 2024

Company announcement/regulation

Finastra launches small business data collection module for DFA 1071 compliance

Finastra, a global provider of financial software applications and marketplaces, today announced the launch of its Small Business Data Collection module, which enables banks to easily comply with the Equal Credit Opportunity Act (ECOA) small business data collection requirements, mandated by Section 1071 of the Dodd-Frank Act (DFA).

11 April 2024

Company announcement/payments

Jefferson Bank selects Finastra Payments To Go for instant payments

Finastra today announced that Jefferson Bank, an independent, bank serving communities across Texas, has selected Finastra Payments To Go, a payments-as-a-service solution for its new instant payments services.

11 March 2024