Tag "Finastra"

Juniper Reveals 5 Core Banking Vendors Leveling the Playing Field for Incumbents

Temenos, FIS, Mambu, Finastra, and Tata Consultancy Services have been identified as the top five core banking system vendors poised to help incumbent banks compete with challenger banks, according to a recent study by Juniper Research. The study evaluated 18

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Finastra Powers Rapid Launch of Bhutan’s Digital Bank ORO in Six Months

ORO Bank, touted as Asia’s first full-reserve digital bank, leveraged global financial software provider Finastra’s SaaS core banking solution to launch its cloud-based platform within six months. The Bhutanese bank had launched last week. Finastra’s combination of rich, broad, and

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Finastra Leverages OpenFin to Offer Streamlined Treasury Experience

Finastra, a global financial software provider, has teamed up with OpenFin to enhance the user experience in treasury management systems. This partnership focuses on upgrading Finastra’s Kondor system, widely used by banks for treasury management. By incorporating OpenFin’s technology, Finastra

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Mike Stawchansky to Spearhead Finastra’s Gen AI Initiatives as New Tech Chief

Financial software provider Finastra has appointed Mike Stawchansky as its new Senior Vice President and Chief Technology Innovation Officer. Mike, who will be working closely with the Office of the CEO, is set to spearhead the company’s initiatives in customer

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Finastra to Power LPBank’s Treasury Revamp in Vietnam

Vietnam’s Lien Viet Post Joint Stock Commercial Bank (LPBank) has partnered with financial software provider Finastra and NGS Equipment and Communication Joint Stock Company (NGS) to enhance its treasury operations. The move is aimed at improving the bank’s operational efficiency

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Finastra Leaders Predict Top Fintech Trends For 2024

Financial software provider Finastra has shared its executive insights expert predictions for the fintech and banking technology landscape in 2024. Each executive offers a unique perspective from their own business segment, focusing on key areas across lending, payments, treasury services

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Singapore FIs Show More Caution in Adopting BaaS, AI, and Embedded Finance

Singapore’s financial institutions have demonstrated a mix of resilience and cautiousness in adopting new banking technologies amid challenging global economic conditions, according to financial software provider Finastra‘s annual global survey. The ‘Financial Services: State of the Nation Survey 2023’ indicates

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An Ecosystem Approach to Banking the Underbanked

Reaching Indonesia’s unbanked and underbanked population has been a long-standing challenge for banks. Hindered by numerous factors, including sociocultural diversity, low levels of financial literacy, and Indonesia’s archipelagic geography, the expansion of traditional banking channels has been cost-prohibitive. The result

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Finastra and ELCY to Offer Unified Trade Finance Solution for Corporates

Finastra, a global provider of financial software, and ELCY, a specialist in e-commerce solutions for trade finance, have partnered to offer a trade finance solution for corporates. The Corporate Trade Finance Portal will enable corporates to communicate with all their

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Bank Treasurers Can Be Key Players in Driving Efficiency

Before 2008, the role of the bank treasurer broadly revolved around reporting, balance sheet management and cash management. This changed when the global financial crisis saw well-established financial institutions run out of liquidity and eventually fail. Today, treasurers are increasingly

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