Stanbic IBTC Bank has announced its successful upgrade to FinnAxia 9.0, through its partnership with Nucleus Software, marking a significant milestone in their long-standing partnership and shared commitment to driving innovation in transaction banking.

 

The milestone reflects more than a decade of collaboration between both organisations in strengthening transaction banking capabilities and delivering enhanced value to corporate and institutional clients.

 

As customer expectations continue to evolve and businesses increasingly demand seamless, real time and digitally enabled banking services,  the two brands remain focused on leveraging technology to improve service delivery, enhance operational efficiency and support business growth.

 

The advancement to FinnAxia 9.0 enhances Stanbic IBTC Bank’s transaction banking platform, strengthening its ability to deliver integrated payments, collections, liquidity management and cash management solutions.

 

The upgrade supports greater agility across operations, improves automation and connectivity, enhances digital experiences for customers, and provides a scalable foundation for future growth and innovation.

 

Commenting on the milestone, Executive Director, Corporate and Transaction Banking, Stanbic IBTC Bank, Eric Fajemisin, explained that the bank’s relationship with Nucleus Software, spanning a decade, forms part of its broader commitment to continuously strengthen the solutions and services we provide to clients.

 

“As transaction banking continues to evolve,  we remain focused on investing in capabilities that help businesses operate with greater speed, visibility and confidence.

 

“The advancement to FinnAxia 9.0 enhances our transaction banking platform and strengthens our ability to deliver innovative, efficient and customer focused solutions in a rapidly changing environment,” Fajemisin added.

 

Also speaking on the development, Head of Transaction Banking, Stanbic IBTC Bank,  Jesuseun Fatoyinbo, described the partnership as further strengthening the bank’s ability to simplify customer journeys, improve operational efficiency and introduce new capabilities more rapidly.

 

 

Speaking on the milestone, Chief Executive Officer and Executive Director, Nucleus Software, Parag Bhise, expressed the organisation’s delight at supporting the bank’s continued efforts at enhancing its transaction banking capabilities.

 

” FinnAxia 9.0 has been designed to help financial institutions respond to evolving customer expectations through improved automation, connectivity and operational efficiency,” he added.