July 14, 2022: The National News -- Finastra, a UK-based financial services company, is collaborating with HSBC to offer cost-effective banking-as-a-service (BaaS) foreign exchange solutions to mid-tier lenders.
The service will run on Finastra's cloud platform and licensed institutions' regulated infrastructure, the company said on Thursday. It will be available from the second half of 2022, beginning with financial institutions in Asia-Pacific, with other regions to follow soon after.
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