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Why financial institutions must implement modern payment solutions

Finastra Global PAYplus - a modern, multi-cloud, and microservices-based payments solution is enabling FIs to modernize payments infrastructure and realize rapid cost savings and operational efficiencies. With enhanced API-driven connectivity and intelligent preprocessing services, the solution ensures secure and reliable payments experience.

Larger financial institutions (FIs) and banks have developed large, sophisticated payment ecosystems that have served them well until now. However, to embrace new opportunities around instant payments, real-time cross-border transactions, ISO 20022 adoption, and Gen AI use cases, banks need a resilient payments infrastructure, making it essential to prioritize payments modernization plans.

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