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First Pacific Bank Expands Its Instant Payments Offerings With Finastra, Driving Growth

Fintech Finance

Finastra has announced that First Pacific Bank , a Southern California-based community bank that offers custom financial solutions for individuals and businesses, has selected Finastra Payments To Go to modernize its payments infrastructure. To learn more about Payments To Go, visit Finastra at Sibos 2024 on stand G30.

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Finastra Leaders Predict Top Fintech Trends For 2024

Fintech News

Leveraging AI for personalised lending Source: Freepik According to Isabel Fernandez, EVP of Lending at Finastra , mid-sized and community banks are advancing beyond larger banks due to their agility and less cumbersome legacy systems.

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Finastra Leaders Predict 2024 Fintech Trends Amidst Global Challenges

Fintech News

According to Isabel Fernandez , EVP of Lending at Finastra, mid-sized and community banks are advancing beyond larger banks due to their agility and less cumbersome legacy systems. They are focusing on digital transformation, developing customised credit solutions, and improving risk management. .”

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The Clearing House’s Strategies To Drive RTP Uptake

PYMNTS

TCH paid particular attention to community banks’ and credit unions’ abilities to connect with faster payment schemes. The federal government deliberated in 2018 and 2019 over developing its own real-time payment system, FedNow , to compete with RTP. That [arrangement] was never going to fly in the U.S.”. Proving Value.

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Backbase and Alacriti Partner to Provide Instant Payment Solutions for Financial Institutions

Fintech Finance

Backbase, leveraging Alacriti’s Orbipay Payments Hub , will support end-to-end payment orchestration and processing through the RTP® network, the FedNow® Service, Visa Direct, Fedwire, and ACH payment rails.