Country for PR: United Kingdom
Contributor: PR Newswire Europe
Monday, May 16 2022 - 20:44
AsiaNet
Mindtree and Finastra Partner to Deliver Managed Services Payments Solutions in the Nordics, the UK and Ireland
LONDON, May 16, 2022 /PRNewswire-AsiaNet/

    Mindtree (https://www.mindtree.com/), a global technology services and 
digital transformation company, and Finastra (https://www.finastra.com/), 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 and Global Head of Partner and Ecosystems at Finastra, 
said, "We welcome Mindtree to our partner ecosystem. Together we will enable 
agile banks in the Nordics, the UK and Ireland to tap into our Fusion Payments 
To Go solution, hosted by Mindtree in the cloud. 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 Business Officer for Banking, Financial Services and 
Insurance at Mindtree, said, "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 also aligns well with the P27 
initiative in the Nordics, which promotes interoperability, paperless systems, 
and real-time payment capabilities. 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 
(https://www.finastra.com/solutions/fusion-payments-go) offers scalable 
payments processing and clearing functionality, with automated and rapid 
onboarding for financial institutions, via open APIs. Beyond the significantly 
reduced go-live timeframes, the solution also enables smaller banks and 
financial institutions to enjoy the benefits of an advanced Payments Hub with 
modernized capabilities.

    Finastra was named a Leader in payment hub platforms in a recent Omdia 
report. Click here 
(https://www.finastra.com/press-media/finastra-lands-payments-leader-status-omdi
a-universe-report) for further information.

    About Finastra

   Finastra is a global provider of financial software applications and 
marketplaces, and launched the leading open platform for innovation, 
FusionFabric.cloud, in 2017. It serves institutions of all sizes, providing 
award-winning solutions and services across Lending, Payments, Treasury & 
Capital Markets and Retail & Digital Banking for banks to support direct 
banking relationships and grow through indirect channels, such as embedded 
finance and Banking as a Service. Its pioneering approach and commitment to 
open finance and collaboration is why it is trusted by ~8,600 institutions, 
including 90 of the world's top 100 banks.

    For more information, visit finastra.com (https://www.finastra.com/).

    About Mindtree

    Mindtree (NSE: MINDTREE) is a global technology consulting and services 
company that enables enterprises across industries to drive superior 
competitive advantage, customer experiences and business outcomes by harnessing 
digital and cloud technologies. A digital transformation partner to more than 
275 of the world's most pioneering enterprises, Mindtree brings extensive 
domain, technology and consulting expertise to help reimagine business models, 
accelerate innovation and maximize growth. As a socially and environmentally 
responsible business, Mindtree is focused on growth as well as sustainability 
in building long-term stakeholder value. Powered by more than 35,000 talented 
and entrepreneurial professionals across 24 countries, Mindtree — a Larsen & 
Toubro Group company — is consistently recognized among the best places to work.

    For more, please visit www.mindtree.com (https://www.mindtree.com/) or 
@Mindtree_Ltd. (https://twitter.com/Mindtree_Ltd).  

    For more information, contact: media@mindtree.com. 

    Photo: https://mma.prnewswire.com/media/1818468/Mindtree_Finastra.jpg

Source: Mindtree