Mindtree– Global Technology Services and Digital Transformation Company Finastra, a leading financial technology provider, today announced a partnership to bring Finastra’s Fusion Payments To Go payments technology to banks in the Nordics, the UK and Ireland, as a managed service.
As part of the partnership, Mindtree will host Finastra’s proven payments solution in the cloud and handle integration of the technology across the rest of the banks’ existing solutions, minimizing risk and boosting efficiency for users.
Denise Parker, SVP, Global Head of Ecosystems and Partner at Finastra, stated, “We welcome Mindtree to our partner ecosystem. We will be able to enable agile banks in Ireland, the UK, and the Nordics to access our Fusion Payments ToGo solution hosted in the cloud by Mindtree. 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.”
Mukund Rao, Chief Financial Services and Insurance Officer at Mindtree, stated, “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 is also in line with the Nordics P27 initiative which promotes interoperability, paperless system and real-time payments. 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.”
Fusion Payments To Go through open APIs, the solution offers scalable payment processing and clearing functionality with automated and fast onboarding for financial institution. The solution allows smaller banks and financial institutions to take advantage of the advanced Payments Hub’s modernized capabilities, while allowing them to go live in significantly shorter time frames.