Saturday, May 4, 2024
HomeFintechFIS Powers Actual-Time Funds for Singapore’s Belief Financial institution

FIS Powers Actual-Time Funds for Singapore’s Belief Financial institution


Funds service supplier FIS introduced that it’ll energy real-time cost transactions for Singapore’s digital financial institution Belief.

Belief Financial institution will utilise the FIS Open Funds Framework (OPF) which is an agile and modern ISO 20022-native real-time funds platform to facilitate cost transactions for the financial institution, together with conventional and instantaneous or real-time funds.

This cloud native resolution will permit Belief to scale funds volumes because the financial institution continues to develop its enterprise.

Following its launch in September 2022, Belief’s buyer base has scaled quickly to greater than 400,000 prospects with over 6 million transactions throughout 2022.

“Belief provides clear, easy-to-use companies to its prospects by means of its trendy cloud-native know-how.

 

The FIS resolution will assist us to course of funds in a means that’s scalable and creates a seamless digital expertise for our prospects’ on a regular basis banking actions.”

mentioned Tarun Punjabi, Product Lead at Belief Financial institution.

Kanv Pandit

Kanv Pandit

“Belief was the primary of a number of new digitally-native banks just lately launched in Singapore, which has made it an early adopter of contemporary applied sciences.

 

Digitally-native banks are reimagining the consumer expertise by simplifying the banking and cost expertise.”

mentioned Kanv Pandit, Group Managing Director, APAC, Banking Options at FIS.

Print Friendly, PDF & Email



RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments