Rabobank has selected Finastra (previously D+H) to centralize cross-border payments.

Netherlands-based Rabobank is implementing the Finastra global payment hub solution in order to enhance its ability to respond to customer demand and industry developments and realize improved payments infrastructure and reduced cost of ownership.

Finastra says that the solution will enable Rabobank to consolidate legacy payment operations, simplify operations, and reduce operating expenses.

“After careful consideration and analysis, Rabobank found the global payment services hub to be able to meet our cross-border payments requirements right away,” says Heimen Schuring, head of channel support & payment engine, Rabobank.

Mikael Lindh, head of payments sales, EMEA, Finastra, comments, “Financial institutions today face significant challenges, including pressure to increase efficiency while reducing cost. However, many are realizing that the right solution can help them meet these challenges, including providing more robust cross-border payments and improved capabilities.”

Photo: rabobank.com