Finastra teams up with i2c to power digital wallets & card processing

By Gloria Methri

Finastra has partnered with i2c Inc. to bring payment issuance solutions to North American banks and credit unions. Under the partnership, Finastra’s bank and credit union clients will have access to i2c’s robust suite of card processing and value-added services.

Clients that move their processing to i2c will be able to offer their customers popular digital wallets such as Apple Pay, Google Pay, and Samsung Pay, as well as improved features such as cardholder alerts and controls.

This solution is powered by seamless API connectivity between i2c’s card processing solution suite and Finastra Phoenix. This open and flexible core solution provides the agility that banks and credit unions need to future-proof their institutions.

“i2c’s agility and flexibility in delivering digital wallet solutions make them an ideal partner, as we look to offer our clients cutting-edge payment services,” said Peter Longo, VP Product Management, US Core and Digital at Finastra. “Our choice to partner with i2c was driven by their global reach, deep industry expertise, and ongoing ability to provide the most advanced technology, keeping our clients competitive in a rapidly evolving market. Together, we empower financial institutions with the tools they need to enhance customer experiences, streamline operations, and drive growth.”

“We are excited to partner with Finastra, a global leader in core banking,” said Seth Perlman, Global Head of Product at i2c. “Together, we’ll help financial institutions streamline their operations, improve their customer experience, boost profitability, and operate worry-free with our highly reliable and scalable platform.”

The partnership was rolled out earlier this year with plans to expand service in the months to follow.