{"id":67683,"date":"2023-03-22T11:45:56","date_gmt":"2023-03-22T08:45:56","guid":{"rendered":"https:\/\/indexeconomic.com\/?p=67683"},"modified":"2023-03-22T11:45:57","modified_gmt":"2023-03-22T08:45:57","slug":"finastra-partners-with-aspire-systems-to-facilitate-payments-modernization-and-instant-payments-for-financial-institutions-globally","status":"publish","type":"post","link":"https:\/\/indexeconomic.com\/?p=67683","title":{"rendered":"Finastra partners with Aspire Systems to facilitate payments modernization and instant payments for financial institutions globally"},"content":{"rendered":"\n<p class=\"has-text-align-left\">Finastra Payments To Go will enable financial institutions to transform their payments strategy and keep pace with new demands<\/p>\n\n\n\n<p class=\"has-text-align-left\"><strong>Dubai&lt; UAE \u2013 March, 21 2023 \u2013<\/strong><a> <\/a><a href=\"http:\/\/www.finastra.com\/\">Finastra<\/a>, a global provider of financial software applications and marketplaces, today announced its partnership with <a href=\"https:\/\/www.aspiresys.com\/\">Aspire Systems<\/a>, a global technology services firm, to enable financial institutions worldwide to transform their payments operations and accelerate their instant payments offerings. With Finastra\u2019s Payments To Go and Aspire Systems\u2019 implementation and system integration capabilities, customers will benefit from an end-to-end, multi-rail payments processing SaaS solution, available on Microsoft Azure. They will have direct access to networks such as TARGET Instant Payments Settlements (TIPS) from The European Central Bank, the US real time payments (RTP) and FedNow, and SWIFT.<\/p>\n\n\n\n<p class=\"has-text-align-left\">\u201cFacilitating instant payments is a key priority for banks, particularly as customer demand continues to soar,\u201d said Sylvie Boucheron-Saunier, Global Chief Revenue Officer, Payments at Finastra. \u201cAs a highly agile and configurable solution, Payments To Go, available as a cloud-based managed service, enables banks to evolve with ongoing innovation and regulatory demands, quickly, at a low cost and with added security. By partnering with Aspire Systems, we can deliver our evergreen solution to financial institutions globally through the organization\u2019s expertise in delivery and implementation, as well as its value-added services such as for Variable Recurring Payments, Request to Pay and Confirmation of Payee.\u201d<\/p>\n\n\n\n<p class=\"has-text-align-left\">Finastra has extensive experience in the payments industry, with its Global PAYplus solution recently named as best-in-class in Aite-Novarica Group\u2019s Matrix Evaluation of Payment Hub Vendors. Payments To Go provides end-to-end payment processing as a scalable SaaS model, enabling banks to accelerate their instant payments services roll-out and deliver flexible digital payment offerings faster and more efficiently. By reducing complexity and operational costs, institutions can implement new offerings \u2013 such as the US FedNow network, the UK\u2019s New Payments Architecture (NPA) and compliance with the proposed EU instant payments regulation \u2013 and drive business growth. Integrated with Finastra\u2019s open platform for innovation, FusionFabric.cloud, they can also adopt value-added services quickly and seamlessly.<\/p>\n\n\n\n<p class=\"has-text-align-left\">\u201cWith the shift to Payments 4.X, focusing on the customer experience, financial institutions are looking for a convergent payment solution that is compliant, composable and cost-effective,\u201d said Suresh Ranganathan, Global Head of Banking and Financial Services at Aspire Systems. \u201cWith the combination of real time payment support, marketplace integration and Open Banking enablement, our partnership with Finastra will increase value for our customers and help them go to market faster and stay nimble. Finastra\u2019s solution maturity, with Aspire\u2019s technology and domain expertise, will accelerate customers\u2019 strategic and tactical payment modernization efforts as the industry moves into Open Finance.\u201d<\/p>\n\n\n\n<p class=\"has-text-align-left\">For more information about Finastra\u2019s Payments To Go, click <a href=\"https:\/\/www.finastra.com\/solutions\/finastra-payments-to-go\">here<\/a>. For more information about Aspire Systems, click <a href=\"https:\/\/www.aspiresys.com\/\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finastra Payments To Go will enable financial institutions to transform their payments strategy and keep pace with new demands Dubai&lt; UAE \u2013 March, 21 2023 \u2013 Finastra, a global provider of financial software applications and marketplaces, today announced its partnership with Aspire Systems, a global technology services firm, to enable financial institutions worldwide to transform &hellip;<\/p>\n","protected":false},"author":2,"featured_media":67681,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[439],"tags":[],"class_list":["post-67683","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Finastra partners with Aspire Systems to facilitate payments modernization and instant payments for financial institutions globally - 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