Finastra in the news

Finastra has been named a leader in the digital banking platform market by QKS Group for its comprehensive corporate banking solution.

Finastra is integrating AI across its financial software portfolio, including payments, lending, and trade finance, to improve efficiency and automate processes.

The Finastra summit highlights accelerated digital trade adoption driven by electronic bills of lading, regulatory reforms, and technological advancements like AI and open ecosystems, transforming the historically paper-based industry.

Finastra, backed by Vista, is actively pursuing new acquisition opportunities, following past divestitures.

BanBif is adopting Finastra's Trade Innovation and Corporate Channels platforms to modernize its trade finance operations, aiming to improve efficiency and client service.

Pollen Street Capital is set to acquire Finastra's Universal Banking division, which provides core banking software to a global client base.

Clifford Chance advised Pollen Street Capital on its acquisition of Universal Banking, Finastra's core banking solution division.

Finastra divested its core banking software business, Universal Banking, to Pollen Street to concentrate on payments and lending, while Pollen Street will invest in UB's growth and innovation.

Pollen Street Capital is acquiring Finastra's Universal Banking unit with legal support from Paul, Weiss.

Finastra sold its US mid-market banking unit, including core and digital banking software, to CORA Group to focus on its primary business areas.

Finastra released Data Insights 2.0 to help mortgage lenders identify application friction points and benchmark performance against industry peers.

U.K. financial software provider Finastra sold its U.S. mid-market banking business and Phoenix core system to Constellation Software's CORA Group.

CORA Group has acquired Finastra's U.S. mid-market banking unit to expand its banking technology portfolio for community banks and credit unions.

Finastra is divesting its U.S. mid-market banking software unit to CORA Group to streamline its business focus.

Finastra is selling its US mid-market core banking and digital platforms to Cora Group to focus on core strategic growth areas.

Finastra is selling its US mid-market banking software operations, including core and digital banking platforms, to Cora Group.

Data Insights 2.0 helps mortgage lenders identify why borrowers abandon applications to improve conversion rates.

Finastra's Sydney summit focused on the practical application of AI, open platform adoption, and collaborative innovation strategies in the banking sector.

Cora Group has acquired Finastra's US mid-market banking unit to operate it as a standalone entity.

CORA Group acquired Finastra's U.S. mid-market banking assets including Phoenix Core and MalauzAi to operate them as a standalone software entity.