Finastra, R3 and seven global banks are teaming up to build a blockchain based marketplace for syndicated loans; banks include BNP Paribas, BNY Mellon, HSBC, ING and State Street; Fusion LenderComm, which uses R3's Corda platform, will be able to handle real-time credit agreements, accrual balances, position information and transaction data. Source.
On Monday, Finastra and Jifiti announced a point of sale Buy Now Pay Later (BNPL) embedded finance partnership for financial institutions.
Finastra is still behind the three core technology providers Jack Henry, FIS and CSI; however they are launching initiatives in...
When China’s Aggressive Debt Collectors Come Knocking: ‘You Committed a Sin’ After being acquired by SoFi, Galileo’s Clay Wilkes looks...
Finastra CEO Simon Paris tells CNBC that European Banks are falling behind their U.S. counterparts when it comes to innovation;...
Newer core bank technology providers like Nymbus, Finxact or Finastra see an opportunity building with the rising trend in de...
Back in 2013 four core banking providers dominated the U.S. market owning a 96 percent share, that market share is...
Finastra partnered with FormFree to streamline borrowing for mortgage lenders with an automated underwriting process.
Fintech solutions are helping to lower the barrier to entry for women in emerging markets and the tools are beginning...
I anchor around the issues Libra is seeing in trying to develop a money, and what alternate strategies are available. We also analyze elements of a JP Morgan 2020 blockchain report, which highlights the differences between running a financial products (like a money) and a financial software (like a payments processor). In light of this necessary pivot for the regulated Facebook, we look again at Ethereum's decentralized finance ecosystem and the types of challengers it has created for Jack Henry, Finastra, Envestnet, TradeWeb, and other infrastructure providers.