Corporate-to-bank integration partner AccessPay and financial software provider Finastra have partnered to improve host-to-host connections in traditional corporate banking.
The partnership will automate the connections between corporate clients and banks’ back-office systems, speeding up manual processes and reducing costs, the companies say.
Through this offering of direct connectivity for payments, the firms aim to improve the relationships between banks and corporate clients.
The services will be available through Finastra’s FusionFabric.cloud platform and AccessPay’s app, which connects to Finastra’s Fusion Global PAYplus and Fusion Payments To Go solutions.
Anish Kapoor, CEO and co-founder of AccessPay, says: "This partnership is a huge step forward in our vision to bring more streamlined corporate-to-bank connectivity, and showcases how easy it can be to deliver a customer experience more akin to personal banking when integrating with the AccessPay solution. It is game-changing for the industry.”
Sigal Druker, director of payments sales enablement and business development at Finastra, comments: “Financial institutions must embrace the new world of payments to drive innovation, meet customer expectations and focus on service excellence. Through our joint solution, we enable corporate and business customers to benefit from a digitalised end-to-end payment transaction.”
