Finastra Makes Trade Finance Technology More Accessible for Regional Banks

T2Covered by 1 source · first reported by PYMNTS at 20 Oct, 14:39 UTC

Finastra has launched a cloud-enabled solution designed to help U.S. banks digitize and automate their standby letter of credit (SBLC) flows, without having to deploy a full trade finance platform, the company said in a Monday (Oct. 19) press release. The new Finastra StandbyX offers regional and…