Thunes Adopts Finastra’s SaaS Platform to Offer Alternative Payment Rails for Banks

Thunes, a Singaporean cross-border payments network, announced that it will integrate Finastra‘s Software as a service (SaaS) payments connectivity platform – Fusion Total Messaging.

The partnership will allow Finastra’s customers, mainly financial institutions, to access new payment rails across 115+ markets, helping them to instantly send money to countries or use payment methods which they were not able to access before.

Dawei Wang

“The pace at which the cross-border payment industry is transforming and the rate at which customers’ demands are changing, coupled with the ever increasing regulatory scrutiny, are driving us to constantly challenge ourselves, look beyond the horizon, and seek synergies with dynamic, innovative and engaging partners.

In a bid to deliver a better global payments experience for everyone, we are delighted to partner with Finastra to deepen connectivity to existing and new financial institutions on the Finastra platform,”

said Dawei Wang, Head of Strategic Partnerships, Thunes.

Source: https://fintechnews.sg/57109/payments/thunes-adopts-finastras-saas-platform-to-offer-alternative-payment-rails-for-banks/