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Pancreta Bank to Optimize Regulatory Compliance with Finastra

December 5, 2019Finastra today announced that Pancreta Cooperative Bank, a leading cooperative organization in Greece with more than 85,000 active members, has selected its Fusion Risk solution to automate regulatory reporting and minimize the cost of compliance. 

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Finastra Joins World Economic Forum

December 2, 2019Finastra today announced that it has joined the World Economic Forum. The move will see the company collaborating with industry leaders and policy-makers to drive change across financial services, world trade and beyond, to help build a better, sustainable future.

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Lisa Fiondella Joins Finastra as Chief Data Officer

November 21, 2019 – Finastra has hired Lisa Fiondella as Chief Data Officer to lead its comprehensive data strategy, including how data collected through the FusionFabric.cloud platform and various cloud-based solutions, can be best utilized.

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Askari Bank Selects Finastra to Power its Trade Finance Business

November 19, 2019 - Last week at Finastra Universe Dubai, Finastra announced that Askari Bank, a leading commercial bank in Pakistan, has chosen its market leading trade finance solution, Fusion Trade Innovation, to digitalize its trade finance business.

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United Arab Bank Chooses Finastra to Power Digital Transformation

November 14, 2019 - Finastra announced today, during Finastra Universe Dubai, that it has signed a transformative deal with United Arab Bank, a UAE-based bank that offers services to retail and corporate customers.

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Finastra Launches Fusion Treasury Essential – Helping Banks Automate Treasury in just 90 days

November 4, 2019 - Finastra today unveiled Fusion Treasury Essential – a packaged solution designed for smaller banks that don’t already have a dedicated treasury system, but are looking to automate and modernize the treasury function.

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Finastra Appoints Mehjabeen Poonawala as New India Head

October 30, 2019 - Finastra today announced the appointment of Mehjabeen Poonawala as its new Head of India. In this new expanded role, Mehjabeen is responsible for driving Finastra’s growth strategy and deepening the company’s partnerships and footprint in India, in addition to her existing roles as Site Lead for Pune and Head of Finastra’s Agile Center of Excellence.

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Ripple to Bring Blockchain Technology to Finastra’s Banking Customers

October 9, 2019 – Ripple, the enterprise blockchain solution for global payments, and Finastra have teamed up to offer Ripple’s blockchain technology through Finastra’s payments solutions to support fast cross-border payments.

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Seattle Bank Expands Relationship with Finastra to Drive Innovation

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.

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Finastra Launches Fusion Mortgagebot Data Insights to Help Financial Institutions Optimize their Mortgage Business

October 1, 2019 – Finastra has launched Fusion Mortgagebot Data Insights – a powerful new tool that benchmarks mortgage borrower behavior and demographics for banks and credit unions against that of more than 1,400 other Fusion MortgagebotPOS users.

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Allied Payment Network and Monotto Launch First Apps Built with Financial Institutions on Finastra’s FusionFabric.cloud

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 built on its FusionFabric.cloud open development platform.

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Finastra and NetGuardians Team Up on AI-Powered Financial Messaging Fraud Detection

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.

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FNBT to Grow its Business with Finastra’s Open Core

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 selected the Fusion Phoenix core banking platform and a suite of solutions from Finastra.

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Access to Funding Top Priority for Corporate Treasurers Today According to Finastra Research

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 funding, risk management and improving usability are top of mind for treasurers today.

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Finastra Gears Up for SFTR with Regulatory Reporting as a Service

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.

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Finastra Strengthens APAC Team with Wissam Khoury as New Head

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, Wissam is responsible for driving Finastra’s growth strategy, strengthening its regional footprint, accelerating sales and continuing to deepen customer partnerships across both regions.

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Finastra Lands Core Cloud Deal with Neobank, Gravity

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 end-to-end core banking capabilities.

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Finastra Achieves SWIFT Certified Application Label 2019 for Payments Solution

August 8, 2019 - Finastra announced today that Fusion PAYplus Financial Transaction System (FTS), its payment processing and messaging application for the European market, has achieved the SWIFT Certified Application label for a seventh consecutive year.

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revverbank selects Finastra’s Cloud Banking Solution to Power its New Services for SMEs

July 24, 2019 - Finastra announced today that revverbank, a Manchester-based new bank for regional businesses and savers in the UK, has selected Fusion Essence in the cloud to power its end-to-end core banking capabilities.

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Corporate Treasurers in EMEA are Looking Beyond their Banks for Innovation, according to Finastra

July 2, 2019 - New research from Finastra has revealed that the market dominance of banks in the delivery of corporate treasury services is under threat from non-bank market entrants.

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Finastra Partners with Xceptor to Automate its Securities Market Offering

June 26, 2019 - Finastra announced today that it has partnered with Xceptor, an intelligent automation software company, to offer new reconciliation functionality to its securities market customers.

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Berkshire Bank to Offer Real-time Payments with Finastra

June 18, 2019 - Berkshire Bank of Massachusetts is upgrading its payments technology to Finastra’s flagship payments solution, Fusion Global PAYplus, in order to be among the first regional banks in the Northeast to offer real-time payments capabilities.

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Finastra Appoints Mark Miller as Chief Financial Officer

May 15, 2019 Finastra has announced the appointment of Mark Miller as Chief Financial Officer (CFO) effective May 13, 2019.

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More Global Banks Commit to Finastra’s Fusion LenderComm

May 14, 2019 – Finastra has signed three global banks on its Fusion LenderComm platform as part of a coordinated campaign, including BNP Paribas, Natixis and Societe Generale. With NatWest, which joined recently, the ramp up signals a move towards a new era of efficiency in this complex space.

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Finastra to Launch FusionONE Hackathon with Microsoft Azure

April 9, 2019Finastra today announced the first public hackathon on its FusionFabric.cloud open development platform, underpinned by Microsoft Azure.

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