Finastra, a fintech company, has teamed up with SIA to provide payments services for European financial institutions.
The partnership allows financial institutions to use the Finastra (formerly D+H) payments solutions to connect via SIAnet to RT1, EBA CLEARING’s pan-European Instant Payments infrastructure.
Prior to EBA CLEARING’s platform that will be launched in November 2017, financial institutions will be able to experiment with real-time payments on the Finastra cloud-based testing environment. This environment provides simulated connectivity to EBA CLEARING’s RT1 for this purpose.
SIA is an Italy-based company operating in the area of ITC, providing design, implementation, and management infrastructure and technological services for financial institutions.