The deployment provides BDO with a scalable framework capable of managing both high-value and mass-payments. By consolidating these functions into a single system, the bank gains the agility to support complex industry standards, including ISO 20022, and the flexibility to interface with emerging domestic and cross-border payment networks.
Carlo B. Nazareno, head of Cash Management Services at BDO, noted that the upgrade reinforces the bank's capacity to meet evolving market requirements and deliver a more seamless experience to its retail and institutional clients. For Finastra, the partnership highlights the adaptability of its software in handling the nuanced clearing requirements of a major universal bank. The move aligns with a broader financial sector trend toward unified, API-enabled payment hubs that prioritize resilience and faster time-to-market.





Comments (0)
No comments yet. Be the first!