Finastra

Company Announcements

Seattle Bank expands relationship with Finastra to drive innovation
Seattle Bank expands relationship with Finastra to drive innovation

2nd October 2019

With a modern and open core, Seattle Bank will be able to grow its unique client offering Lake Mary, FL, October 2, 2019 - Seattle Bank, a single branch boutique bank with $650 million in assets, has selected Fusion Phoenix from Finastra to be the open, modern core to run its banking operations, enabling the bank to better serve clients. The...
Finastra launches Fusion Mortgagebot Data Insights to help financial institutions optimize their mortgage business
Finastra launches Fusion Mortgagebot Data Insights to help financial institutions optimize their mortgage business

1st October 2019

Early adopter Bank Independent already benefiting from insightful business intelligence dashboards to improve borrower experience and drive portfolio growth Lake Mary, FL, October 1, 2019, Finastra has launched Fusion Mortgagebot Data Insights – a powerful new tool that benchmarks mortgage borrower behavior and demographics for banks and...
Allied Payment Network and Monotto launch first apps built with financial institutions on Finastra’s FusionFabric.cloud
Allied Payment Network and Monotto launch first apps built with financial institutions on Finastra’s FusionFabric.cloud

30th September 2019

Allied Payment Network and Certified Federal Credit Union create real-time bill pay app Monotto and another US financial institution use AI to automate savings Lake Mary, FL, September 30, 2019 – Ahead of its Finastra Universe Community Markets event in Chicago, US, this week, Finastra has announced the launch of two new applications...
Finastra and NetGuardians team up on AI-powered financial messaging fraud detection
Finastra and NetGuardians team up on AI-powered financial messaging fraud detection

23rd September 2019

Innovative solution combats fraudulent transactions before money leaves the bank or corporate organization London, UK, September 23, 2019 – Today at Sibos 2019, Finastra has announced its partnership with Swiss Fintech, NetGuardians, which sees the two companies launching an AI-powered fraud detection solution for financial messaging....
FNBT to grow its business with Finastra’s open core
FNBT to grow its business with Finastra’s open core

18th September 2019

Using the Fusion Phoenix core and 11 other solutions, the bank will be able to continue to evolve its offerings to meet customer demand Lake Mary, FL, September 18, 2019 – First National Bank and Trust Company (FNBT), headquartered in Beloit, WI, with 16 locations in Wisconsin and Illinois and approximately $1.2 billion in assets, has...
Access to funding top priority for corporate treasurers today according to Finastra research
Access to funding top priority for corporate treasurers today according to Finastra research

10th September 2019

Report reveals current challenges and identifies the digital treasury ecosystem of the future, with an open platform model on the cards London, UK, September 10, 2019 – Ahead of Sibos 2019, Finastra commissioned IDC to survey 400 corporate treasurers around the world to reveal key treasury priorities. The findings* show that access to...
Finastra gears up for SFTR with Regulatory Reporting as a Service
Finastra gears up for SFTR with Regulatory Reporting as a Service

5th September 2019

Tailored tool streamlines compliance process to save time and money London, UK, September 5, 2019, Finastra announced today that it has launched a tailored, Securities Financing Transaction Regulation (SFTR) reporting tool that will help banks prepare for the April 2020 deadline. Built on Finastra’s existing Regulatory Reporting solution...
Finastra strengthens APAC team with Wissam Khoury as new head
Finastra strengthens APAC team with Wissam Khoury as new head

30th August 2019

Expanded role sees Khoury become SVP and General Manager for MEA and APAC Singapore – August 30, 2019, Finastra has appointed Wissam Khoury to lead its Asia Pacific (APAC) business. In this new expanded role as Senior Vice President and General Manager for Middle East and Africa (MEA) and APAC, Khoury is responsible for driving...
Finastra lands core cloud deal with neobank, Gravity
Finastra lands core cloud deal with neobank, Gravity

16th August 2019

New SME focused bank selects Fusion Essence in the cloud to power end-to-end digital banking and lending services London, UK, August 15 2019 – Finastra has today announced that Gravity, a new UK-based bank seeking authorization to serve SMEs with lending, credit card and deposit services, has selected Fusion Essence in the cloud for its...
29 percent of UK SME finance managers likely to switch their main bank account in the next five years
29 percent of UK SME finance managers likely to switch their main bank account in the next five years

1st August 2019

Finastra survey finds opportunities for challenger banks in the UK SME market despite little awareness of Open Banking London, UK, August 1 2019: Finastra today unveiled the results of a survey with YouGov exploring the attitudes of more than 450 UK SMEs to banking, and their appetite for new products and services. The research found that some...