Tag "Finastra"
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
Read More
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
Read More
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
Read More
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
Read More
Development Banks Driving Environmental Change Through Technology
Sustainability has emerged as one of the most pressing issues of our time and ESG is no longer just a nice-to-have. Nearly 90% finance executives surveyed in Hong Kong and Singapore by Finastra think it’s important for the financial services
Read More
Can the Financial Industry Afford to Ignore ESG Principles?
As the world undergoes rapid changes, businesses in the banking, financial services, and insurance (BFSI) sectors are also expected to adapt to new norms. Environmental, social, and governance (ESG) principles have become more than an option and are now essential
Read More
Finastra: APAC Banks Lead the Global Pack In Fintech Partnership Investments
Fintech partnerships are a critical part of APAC banks’ strategies with 87% of them planning to connect with an average of four fintechs in the next 12-18 months, according to a research by Finastra, a financial services software and cloud
Read More
Finastra Launches ESG Service for Lending
Financial services software and cloud solutions provider Finastra has launched its ESG Service, a cloud-native SaaS solution that streamlines sustainability-linked lending. As a cloud-native SaaS solution that uses open APIs, it provides a high degree of flexibility to support varied
Read More
Finastra Partners With Integro Technologies for Frictionless Trade Finance
Financial services software and cloud solutions provider Finastra has partnered with Aurionpro’s subsidiary Integro Technologies for frictionless trade finance. Banks will now be able to combine Integro’s SmartLender solution’s advanced exposure risk capabilities with Finastra’s Trade Innovation solution’s front-to-back capabilities
Read More
Singapore’s Appetite for Open Banking Is at an All-Time High, Finastra Survey Shows
Open banking is now universally and unequivocally regarded as a key part of a bank’s landscape, according to a global research by financial services software and cloud solutions provider Finastra. The ‘Financial Services: State of the Nation Survey 2022’ found
Read More