Finastra Divests Core Banking Division to Shift Focus to Payments and Lending
Pollen Street, a private capital asset management firm, is set to acquire Finastra’s global core banking software division, known as Universal Banking (UB), with plans to support its transition to an independent entity. The announcement made on June 19 states that Pollen Street aims to inject funds into UB to accelerate innovation in products, enhance […]
Circle Partners with Finastra to Introduce USDC Settlement to $5 Trillion Global Payments
Finastra Partners with Circle for Payment Hub Integration Finastra, a financial technology company based in London that works with some of the largest banks globally, announced on Wednesday that it will integrate its payment hub with Circle’s USDC Stablecoin. This collaboration provides banks with an option to conduct cross-border transfers using digital tokens. The integration […]