Banque Delubac & Cie, a distinguished independent financial institution known for its specialist banking services, has announced its collaboration with Finastra, a leading global provider of financial software applications and marketplaces.
The two companies have come together to roll out Banque Delubac & Cie’s instant payments service, empowered by Finastra Payments To Go. The strategic partnership enables the bank to grant other financial establishments access to Europe’s TARGET Instant Payments Settlements (TIPS) and to adapt swiftly to the ever-evolving financial demands.
Finastra stands out in the global FinTech sector as a prime provider of financial software solutions and marketplaces tailored for institutions across various scales. On the other hand, Banque Delubac & Cie, an independent financial entity, prides itself on offering unique banking services, dedicated to meeting the distinct needs of its clientele.
With Finastra’s software-as-a-service (SaaS) solution in place, Banque Delubac & Cie is set to usher in an era of faster innovation while also driving business growth. This implementation not only strengthens the bank’s operational robustness but also enhances its potential to introduce new services quickly and efficiently.
Finastra’s Payments To Go stands as a transformative SaaS offering, meticulously crafted to facilitate end-to-end payment processing. Its design promotes swift rollouts of instant payment services, ensuring banks can introduce agile digital payment solutions. The solution, by mitigating complexities and reducing operational expenses, empowers institutions to integrate novel services, aligning with proposed EU regulations for instant payments. Furthermore, its seamless integration with Finastra’s Financial Messaging Gateway guarantees effortless and cost-effective access to TIPS.
Banque Delubac & Cie Head of Correspondent Banking Djillali Ouadah said, “Customers expect to make and take payments instantly, seamlessly and securely, 24/7. As transaction volumes continue to grow, we will provide a highly reliable payment processing solution to facilitate instant payments, without compromising security. Finastra’s industry expertise and robust solution has given us the agility and scalability required to keep pace with customer demands, while ensuring that we continue to deliver the best possible user experience.”
Furthermore, Finastra Global Chief Revenue Officer, Payments Sylvie Boucheron-Saunier commented, “Payment services providers (PSPs) in all 27 countries in the EU, will soon be required by regulation to enable the sending and receiving of instant payments, any time or day. Our solution has enabled Banque Delubac & Cie to provide its customers with access to faster, more transparent and inclusive payment services. The rapid time to value and our close collaboration has ensured that the solution meets the bank’s needs and ambitions for success.”
Keep up with all the latest FinTech news here.
Copyright © 2023 FinTech Global