Passionately Serving Our Clients Since 1995

Finastra
 

Finastra Appoints Gary E. Bischoping, Jr. as Chief Financial Officer

March 18, 2020 – Finastra has appointed Gary E. Bischoping, Jr. as Chief Financial Officer (CFO), effective March 16, 2020. Based at Finastra’s headquarters in London, Gary brings a wealth of technology experience, having recently held the role of CFO at Varian, a mid-cap medical technology US multinational.

Read More...
Email this NewsEmail this News

Active.Ai makes conversational banking available to Finastra customers via FusionFabric.cloud

March 4, 2020 – Finastra customers can now consume Active.Ai’s conversational AI retail banking app via the FusionStore. Banks and credit unions will be able to quickly deploy AI avatars to engage their customers and members 24x7 in the banking channel of their choice.

Read More...
Email this NewsEmail this News

Finastra Powers Retail Banking Innovation with Four New Fintech Apps on FusionStore

February 26, 2020 – Finastra today announced the launch of four new retail banking apps on FusionStore, the firm’s app marketplace. Built during Finastra’s first appathon in North America, at the tail end of last year, the apps – which provide innovative saving, spending control and personal finance management services for banks in the US – use open APIs, accessible via the FusionFabric.cloud development platform.

Read More...
Email this NewsEmail this News

Finastra Brings its Fusion Phoenix Core to the Cloud

February 19, 2020 – Finastra has brought its core banking platform, Fusion Phoenix, to the cloud, with Commerce National Bank & Trust of Winter Park, Florida, and Commencement Bank of Tacoma, Washington being the first US banks to access the core solution via public cloud.

Read More...
Email this NewsEmail this News

Finastra Extends Medical Insurance Benefits to Partners of LGBTQ Employees in India

February 6, 2020Finastra today announced that it has extended medical insurance benefits to partners of its LGBTQ employees in India, as part of its drive to create a diverse and inclusive workplace.

Read More...
Email this NewsEmail this News

Guotai Junan International Launches Trading Operations in Hong Kong with Finastra

January 30, 2020 - Finastra today announced that Guotai Junan International (GTJAI) has gone live with Finastra’s end-to-end equities derivatives trading and cross-asset risk solution, Fusion Sophis. The move has enabled GTJAI to launch trading operations in Hong Kong following a short implementation, helping to fuel the firm’s growth and maximize market share.

Read More...
Email this NewsEmail this News

Finastra Strengthens its Position in Israel with New Office Opening

January 27, 2020Finastra is investing further in Israel with a new office in Kfar Saba, just outside Tel Aviv. The office, which is home to over 330 employees, offers more space for the Finastra team to grow as the company strengthens its position in the country, and provides an ultra-modern workspace to inspire creativity and facilitate collaboration.

Read More...
Email this NewsEmail this News

Synopsys and Finastra Partner to Secure Financial Services App Ecosystem

January 22, 2020 - Synopsys, Inc. (Nasdaq: SNPS) and Finastra today announced a partnership establishing an application security validation program for FusionFabric.cloud, Finastra’s open platform for developing, deploying and consuming financial applications.

Read More...
Email this NewsEmail this News

TONIK Selects Finastra’s Core Banking Solution to Power Southeast Asia’s First Pure-Play Licensed Digital Bank

January 21, 2020 - Finastra announced today that TONIK, the first licensed digital-only bank in Southeast Asia, has selected Fusion Essence in the cloud to power its end-to-end core banking capabilities. The move will support TONIK as it launches its retail deposit and customer loans services in the Philippines, giving it agility and the ability to scale quickly.

Read More...
Email this NewsEmail this News

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. 

Read More...
Email this NewsEmail this News

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.

Read More...
Email this NewsEmail this News

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.

Read More...
Email this NewsEmail this News

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.

Read More...
Email this NewsEmail this News

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.

Read More...
Email this NewsEmail this News

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.

Read More...
Email this NewsEmail this News

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.

Read More...
Email this NewsEmail this News

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.

Read More...
Email this NewsEmail this News

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.

Read More...
Email this NewsEmail this News

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.

Read More...
Email this NewsEmail this News

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.

Read More...
Email this NewsEmail this News

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.

Read More...
Email this NewsEmail this News

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.

Read More...
Email this NewsEmail this News

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.

Read More...
Email this NewsEmail this News

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.

Read More...
Email this NewsEmail this News

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.

Read More...
Email this NewsEmail this News