Fintech company Thunes integrates with Finastra's Software-as-a-Service platform, enabling the provision of alternative payment networks

In a strategic move to meet the rapidly transforming needs of the cross-border payment industry, Thunes, a Singaporean cross-border payments network, has partnered with Finastra. This partnership aims to provide new payment methods that were previously inaccessible to Finastra's customers, primarily financial institutions.

Through this collaboration, Finastra's customers will gain access to new payment rails across more than 115 markets, enabling them to send money instantly to countries they could not previously access. This expansion is expected to bring about significant changes in the cross-border payment landscape for Finastra's customers.

Dawei Wang, the Head of Strategic Partnerships at Thunes, plays a crucial role in this partnership. He is spearheading the efforts to deepen connectivity to financial institutions on the Finastra platform.

The partnership is a response to the changing demands of customers in the cross-border payment industry, as well as the increasing regulatory scrutiny in this sector. It is also a strategic move to seek synergies with dynamic, innovative, and engaging partners.

Thunes will integrate into Finastra's Fusion Total Messaging SaaS payments connectivity platform. This integration will allow Finastra's customers to leverage Thunes' extensive network, enhancing their cross-border payment capabilities.

The partnership is a testament to both companies' commitment to delivering seamless and efficient cross-border payment solutions to their customers. As the cross-border payment industry continues to evolve, this partnership is poised to play a significant role in shaping its future.

For more information about Dawei Wang and his role in this partnership, it would be beneficial to consult specific press articles or company communications from Thunes and Finastra. Alternatively, professional networks like LinkedIn could provide insights into his professional activities.

Fintech company Thunes integrates with Finastra's Software-as-a-Service platform, enabling the provision of alternative payment networks