With Banque Delubac & Cie’s New Offering, Finastra Promotes Instant Payments

In a significant move toward enhancing the world of instant payments, Banque Delubac & Cie, a renowned independent financial institution known for its specialized banking services, has forged a strategic partnership with Finastra, a leading global provider of financial software applications and marketplaces, as outlined in Fintech Global News. This collaboration marks a pivotal moment in the financial sector as the two entities join hands to introduce Banque Delubac & Cie’s instant payments service, fueled by Finastra’s cutting-edge solution, Payments To Go.

Banque Delubac & Cie’s reputation for delivering tailored financial solutions aligns seamlessly with Finastra’s position as a prime provider of financial software solutions and marketplaces, catering to institutions of all sizes. The integration of Finastra’s software-as-a-service (SaaS) solution is poised to usher in a new era of innovation, significantly boosting business growth and operational efficiency for Banque Delubac & Cie.

Finastra’s Payments To Go is a transformative SaaS offering meticulously designed to streamline end-to-end payment processing. This innovative solution paves the way for swift deployment of instant payment services, enabling banks to introduce agile digital payment solutions while mitigating complexities and reducing operational costs. Notably, it enables institutions to seamlessly align with proposed EU regulations for instant payments, ensuring effortless and cost-effective access to Europe’s TARGET Instant Payments Settlements (TIPS) through integration with Finastra’s Financial Messaging Gateway.

Djillali Ouadah, Head of Correspondent Banking at Banque Delubac & Cie, emphasized the importance of meeting customer expectations for instant, secure, and seamless payments. He stated, «Customers expect to make and take payments instantly, seamlessly and securely, 24/7. 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 has 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.»

Sylvie Boucheron-Saunier, Global Chief Revenue Officer, Payments at Finastra, highlighted the impending regulatory changes in the EU, stating, «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. 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.»

This partnership between Banque Delubac & Cie and Finastra underscores the financial industry’s commitment to staying ahead of the curve in delivering efficient and secure instant payment solutions, ultimately benefiting customers across Europe and beyond. As the financial landscape continues to evolve, this collaboration promises to play a pivotal role in shaping the future of banking and payment services.