Finastra and Mindtree Partnered to Improve Banking Operations

Finastra and Mindtree Partnered to Improve Banking Operations
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Mindtree and Finastra have collaborated to use “Fusion Payments To Go payments technology” of Finastra to enhance the operational abilities of Irish, Nordics, and UK banks. Finastra is an organization that enables the financial services world, to deliver the future of banking has partnered with Mindtree, a global tech company that lets companies harness digital technologies and new ways of working for business transformation with a vision, that Finastra’s established cloud-based payment solution will be hosted by Mindtree.

Mukund Rao, Chief Business Officer for Banking, Financial Services and Insurance, Mindtree, commented, “Finastra offers best-of-breed payments solutions and, alongside our deep expertise and cloud capabilities, we are excited to join hands with them to support banks in transforming payments and making them real-time, convenient and secure. The move also aligns well with the P27 initiative in the Nordics, which promotes interoperability, paperless systems, and real-time payment capabilities. We pride ourselves on being a trusted partner to our customers and are confident that this partnership will help them unlock an innovation and technology advantage.”

The digital transformation company will also integrate Finastra’s technology right through the existing solutions of banks enhancing operational efficiency for users, and reducing the risk involved in using banking services.

Denise Parker, SVP and Global Head of Partner and Ecosystems, Finastra, stated, “We welcome Mindtree to our partner ecosystem. Together we will enable agile banks in the Nordics, the UK and Ireland to tap into our Fusion Payments To Go solution, hosted by Mindtree in the cloud. The partnership is about helping banks to better serve their customers by keeping ahead of market changes, delivering faster innovation and opening business growth opportunities.”

Fusion Payments To Go payment technology is empowered with features, like improved payment clearing, and fast enrolment for financial organizations, using open APIs. Apart from shortened go-live timespan, the technology helps financial companies and smaller banks access the advantages of a new-age Payment Hub with next-gen abilities.

Read: COMO and SAP Fioneer Come Together for Cloud for Banking


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