Finastra - News, Articles & Research

Event/ai

Reimagine banking: How to effectively modernise your core and de-risk at the same time

How can banks adapt to modern industry and consumer demands?

Speakers from: Finastra

19 September 2024 101

Company announcement/retail

Finastra inks collaboration pact with Tech Mahindra

Tech Mahindra, (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, has announced a strategic partnership with Finastra, a global provider of financial software applications and marketplaces, to help corporate banks accelerate their digital transformation journeys.

01 August 2024

Finextra TV/wholesale

Reimagining Your Core: How Banks Can Thrive Amidst Rapid Technological Change

Narendra Mistry, CPTO of Universal Banking at Finastra, emphasises that banks must adapt quickly to evolving technology and customer expectations. Success lies in implementing efficient core banking systems, that enable innovation at scale and at pace, while navigating AI and data with a focus on mindset and business services. Lean systems, like those of neo and digital-only banks, are good, but long-term growth requires a clear vision, a strong culture and breadth of capabilities. For established banks with pre-existing infrastructures, symbiosis – where next gen solutions are deployed alongside existing solutions – can offer a fast way to deliver outstanding experiences, stay ahead of competitors and, when appropriate, ease transitions.

24 July 2024

Finextra TV/wholesale

Adapting to change: How financial institutions can revolutionise core banking systems

Siobhan Byron, EVP of Universal Banking at Finastra, discusses how innovation is not just limited to the neo and startup banks, indeed established banks are combining the move-fast philosophies of the emerging players with their own considerable assets. The conversation highlights the need for financial institutions to have a clear vision and strategy, find the right pace and technology for transformation, avoid high-risk methods, outline the challenges of losing market share, talent, and the ability to meet future needs if institutions fail to stay current and innovative.

24 July 2024

Company announcement/wholesale

Finastra integrates supply chain platform with CredAble

Finastra, a global provider of financial software applications and marketplaces, today announced its partnership with CredAble, a working capital finance platform, to expand the functionality of Finastra Trade Innovation.

23 July 2024

Company announcement/payments

Finastra completes Swiss Interbank Clearing instant payments readiness project

Finastra, a global provider of financial software applications and marketplaces, today announced the completion of a Swiss Interbank Clearing (SIC) instant payments readiness project. Using Finastra’s cloud-based Service Bureau offering, Swiss banks can seamlessly transition to facilitating instant interbank payments.

11 July 2024

Company announcement/retail

Bank Midwest launches digital offshoot using technology from Finastra

Finastra today announced that Bank Midwest, an employee-owned bank with locations throughout Iowa, Minnesota and South Dakota, has launched OnePlace.bank, a digital bank powered by Finastra, focused exclusively on the financial needs of the healthcare community.

24 June 2024

Company announcement/regulation

Sumsub secures long-term contract with Finastra

Sumsub, a global full-cycle verification platform, is partnering with Finastra, a global provider of financial software applications and marketplaces, to support financial institutions worldwide with their compliance processes.

20 June 2024

Company announcement/startups

ORO Bank launches, powered by Finastra

Finastra announced today that its technology is powering ORO Bank. The new cloud-first institution serves individuals and businesses in Bhutan, and around the world, with a specific focus on providing safe, innovative and sustainable banking.

04 June 2024

Company announcement/retail

Finastra and Newgen Software join forces

Global provider of low-code platform, Newgen Software and Finastra, a global provider of financial software applications, partner to offer best-in-class banking solutions for existing customers and jointly expand the market base.

23 May 2024

Company announcement/payments

LGT to implement Finastra's payment hub

Finastra, a global provider of financial software applications and marketplaces, today announced it has been selected by LGT to roll out instant payment services in Austria and Liechtenstein, with other markets to follow.

23 May 2024

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