Banque Delubac & Cie launches instant payments offering with Finastra
France-based Banque Delubac & Cie, which offers specialist banking services, has gone live with its new instant payments offering in partnership with Finastra.
With the Finastra Payments To Go Software-as-a-Service (SaaS) solution, the bank can now offer other financial institutions access to Europe’s TARGET Instant Payments Settlements (TIPS).
Finastra’s solution provides “end-to-end” payment processing to enable the rollout of instant payment services, as well as reduce complexity and operational costs for institutions. Finastra adds that the solution is “tightly integrated” with its Financial Messaging Gateway “for direct access to multiple payment rails”.
“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,” comments 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.”
Djillali Ouadah, head of correspondent banking at Banque Delubac & Cie, adds that the solution has given it “the agility and scalability required to keep pace with customer demands, while ensuring that we continue to deliver the best possible user experience”.