Banque Delubac & Cie launches instant payments offering with Finastra
By Gloria Methri
Banque Delubac & Cie, an independent financial institution offering specialist banking services, has launched its instant payments offering with Finastra Payments To Go.
With the SaaS solution implemented, the bank can provide other institutions with access to Europe’s TARGET Instant Payments Settlements (TIPS), while future-proofing its business to respond quickly to changing demands. The solution will also help the bank deliver faster innovation and drive business growth.
“Customers expect to make and take payments instantly, seamlessly, and securely, 24/7,” said Djillali Ouadah, Head of Correspondent Banking at Banque Delubac & Cie. “As transaction volumes continue to grow, we will provide a highly reliable payment processing solution to facilitate instant payments, without compromising security. Finastra’s industry expertise and robust solution have given us the agility and scalability required to keep pace with customer demands while ensuring that we continue to deliver the best possible user experience.”
Payments To Go provides end-to-end payment processing as a scalable SaaS model, enabling banks to accelerate their instant payment services rollout and deliver flexible digital payment offerings faster and more efficiently.
By reducing complexity and operational costs, institutions can implement new offerings – such as compliance with the proposed EU instant payments regulation – and drive business growth. Tightly integrated with Finastra’s Financial Messaging Gateway for direct access to multiple payment rails, the solution has provided the bank with easy, frictionless, and more affordable access to TIPS.
“Payment services providers (PSPs) in all 27 countries in the EU, will soon be required by regulation to enable the sending and receiving of instant payments, any time or day,” said Sylvie Boucheron-Saunier, Global Chief Revenue Officer, Payments at Finastra. “Our solution has enabled Banque Delubac & Cie to provide its customers with access to faster, more transparent, and inclusive payment services. The rapid time to value and our close collaboration has ensured that the solution meets the bank’s needs and ambitions for success.”
IBSi Daily News Analysis
September 29, 2023
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