Finastra and i2c have partnered to offer debit card issuance and digital wallet solutions to banks and credit unions in North America.
The collaboration gives Finastra’s clients an access i2c’s card processing and value-added services.
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Under this partnership, banks and credit unions that transition their processing to i2c will be able to offer digital wallets such as Apple Pay, Google Pay, and Samsung Pay.
Additionally, improved features such as cardholder alerts and controls will be available to customers.
The solution is facilitated by API connectivity between i2c’s card processing solution suite and Finastra Phoenix.
This open and flexible core solution offers the agility needed for banks and credit unions to future-proof their operations.
Finastra US Core and Digital Product Management vice-president Peter Longo said: “i2c’s agility and flexibility in delivering digital wallet solutions make them an ideal partner, as we look to offer our clients cutting-edge payment services,
“Our choice to partner with i2c was driven by their global reach, deep industry expertise, and ongoing ability to provide the most advanced technology, keeping our clients competitive in a rapidly evolving market.
“Together, we empower financial institutions with the tools they need to enhance customer experiences, streamline operations, and drive growth.”
Launched earlier this year, the partnership aims to expand services in the months ahead.
i2c Product global head Seth Perlman said: “We’re excited to partner with Finastra, a global leader in core banking.
“Together, we’ll help financial institutions streamline their operations, improve their customer experience, boost profitability, and operate worry-free with our highly reliable and scalable platform.”
