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HDFC Bank Partners with Microsoft Azure for Digital Transformation

HDFC Bank, India's largest private sector bank, announced a partnership with Microsoft to modernize its data infrastructure using Azure and Power Platform. The collaboration includes building an App Innovation and Automation Factory. This positions HDFC to accelerate its digital banking and embedded finance capabilities.

Jan 3, 2023

Finxact to Power Zenus Bank's Global Digital Banking Platform

Finxact announced it will power Zenus Bank's global digital banking platform, providing scalable real-time core banking with open APIs. The platform supports retail, corporate, and partnership operations on Microsoft Azure. This enables Zenus to offer borderless banking services at scale.

Oct 26, 2022

Finastra and Microsoft Deliver Embedded Lending for SMEs via Dynamics 365

Finastra and Microsoft announced a collaboration to deliver embedded lending options to SMEs within Microsoft Dynamics 365. The solution uses open APIs and leverages business data to speed up financing decisions. An initial North America launch was planned for summer 2022.

Apr 12, 2022

U.S. Bank and Microsoft Partner to Embed Payments in Cloud Platforms

U.S. Bank and Microsoft announced a partnership on February 22, 2022, to embed payment capabilities into Microsoft's platforms. The collaboration aims to accelerate cloud-based banking innovations including invoicing and business payments.

Feb 22, 2022

Finastra Launches Fusion Phoenix Core Banking Platform in the Cloud

Finastra launched its Fusion Phoenix core banking platform in the cloud via Microsoft Azure. Commerce National Bank & Trust and Commencement Bank were the first U.S. customers. The move enables community banks to access scalable, cloud-native core banking infrastructure, aligning with BaaS and embedded finance trends.

Feb 19, 2020

Finastra Launches Cloud-Based Core Banking Solution for UK Challengers

Finastra launched Fusion Essence, a cloud-based core and digital retail banking solution on Microsoft Azure, targeting UK challenger banks. The platform supports payments, lending, deposits, and regulatory reporting. It enables fast market entry and third-party integrations, serving as infrastructure for new banking entrants.

Sep 25, 2018

Saxo Bank Partners with Microsoft to Migrate BaaS Platform to Azure Cloud

Saxo Bank announced a partnership with Microsoft to migrate its trading and investment platform to the Microsoft Cloud. Saxo Bank operates a white-label banking-as-a-service model supporting over 120 partnerships globally. The cloud migration aims to enhance scalability and performance for Saxo's BaaS partners, providing access to over 35,000 financial instruments.

Apr 24, 2018