In order to assist Italian banks with their payment transformation initiatives, Finastra, a global provider of financial software applications and marketplaces, has announced an expanded partnership with Corvallis, Tinexta Group, provider of IT services in the Italian financial services industry.
In addition to Finastra Payments To Go, an end-to-end SaaS payment processing solution, and Global PAYplus, a functionally-rich payment hub solution, the collaboration expands the scope of Finastra’s SaaS digital banking solution, Essence.
Italian banks can abide by the upcoming European instant payments regulation and update dated and complex IT infrastructures by enabling SEPA and international payments.
Corvallis provides complementary solutions, such as those for anti-money laundering (AML), payment and settlement, and fraud management, and has extensive implementation expertise.
Read More: Finastra and Corvallis extent instant payments pact in Italy
