Jefferson Bank, a respected independent bank renowned for its personalized customer service and community values, has announced an extended partnership with Finastra, a leading global FinTech provider. This collaboration aims to modernize Jefferson Bank's payments infrastructure, leveraging Finastra's innovative software solutions to meet the evolving demands of the financial services industry, particularly in the realm of instant payments.
By adopting Finastra's cloud-based solution, Payments To Go, Jefferson Bank will enhance its digital payment offerings and swiftly implement the FedNowSM service, ensuring 24/7 availability of instant payment services for Texans. Finastra's Payments To Go, deployed on Microsoft Azure's cloud, offers agility and resilience, exemplifying the advanced capabilities Finastra brings to the financial sector. This strategic partnership enables Jefferson Bank to efficiently deliver Real-Time Payments (RTP TCH) and FedNow services, meeting the growing demand for instant payment transactions and future-proofing its operations with Finastra's comprehensive technology suite.
