Tuesday, May 30, 2023
[email protected]
 Fintech Zoom
  • MARKETS
    • Trading
    • Stock Futures
    • Exchange Traded Fund (ETF)
    • Best Stocks To Buy Now
    • Penny Stocks
    • Forex Market
    • Bonds & Rates
    • Stock Market Guides
    • Commodities
      • Brent Crude Oil Price
      • WTI Crude Oil Price
    • Breaking Stock Market News
    • Reviews in Stock Market
    • Asian Markets
    • European Markets
    • US Markets
  • WORLD INDICES
    • DAX PERFORMANCE-INDEX
    • Russel 2000 (RUT)
    • STOXX Europe 600 (SXXP)
    • Euro Stoxx 50
    • CAC 40 Index (FCHI)
    • FTSE 100 Index
    • Nikkei 225 Index
    • HSI – Hang Seng Index
    • NSE Nifty 50 Index
    • NASDAQ Composite Index
    • Dow Jones (INDEXDJX: .DJI)
    • S&P 500 Index
    • ASX – Australian
    • Shanghai Index (SSE)
  • BUSINESS
  • CRYPTO
    • Metaverse
    • Tokens
    • Crypto Reviews
    • NFT : Non-Fungible Tokens
    • Stablecoins
    • Blockchain
    • Ethereum
    • Buy Bitcoin
    • Best Crypto
    • Bitcoin
    • Altcoins
  • MONEY
    • Insurance
    • Taxes
    • Mortgages
    • Loans
    • Personal Finances
    • Credit Cards
    • Interest Rates
  • BANKING
    • Banks Near Me
    • Payments
    • ATM Near me
    • Best Banks
    • Banks Guides
    • Transfer Money Online
    • Mobile Banking
    • Digital Bank
    • Secure Bank Login
  • TECH
    • Social Media
    • Login
    • Error Pages
    • Is It Down?
    • Download
    • Settings
  • LUXURY
    • Luxury Food & Drink
    • Luxury Cars
    • Luxury Style
    • Luxury Motors
    • Luxury Travel
    • Luxury Tech
  • LIFESTYLE
    • Travel
    • Entertainment
    • Health
    • Cars
    • Near Me
    • Life
    • Weather Tomorrow
  • INVESTMENT
    • Real Estate
    • Famous Investors
  • ABOUT US
    • Why Fintech Zoom?
    • What is FintechZoom?
    • Advertise with Us
    • Careers in FintechZoom
    • Fintech Zoom Logo
    • FintechZoom PRO
    • FintechZoom Contacts
No Result
View All Result
  • MARKETS
    • Trading
    • Stock Futures
    • Exchange Traded Fund (ETF)
    • Best Stocks To Buy Now
    • Penny Stocks
    • Forex Market
    • Bonds & Rates
    • Stock Market Guides
    • Commodities
      • Brent Crude Oil Price
      • WTI Crude Oil Price
    • Breaking Stock Market News
    • Reviews in Stock Market
    • Asian Markets
    • European Markets
    • US Markets
  • WORLD INDICES
    • DAX PERFORMANCE-INDEX
    • Russel 2000 (RUT)
    • STOXX Europe 600 (SXXP)
    • Euro Stoxx 50
    • CAC 40 Index (FCHI)
    • FTSE 100 Index
    • Nikkei 225 Index
    • HSI – Hang Seng Index
    • NSE Nifty 50 Index
    • NASDAQ Composite Index
    • Dow Jones (INDEXDJX: .DJI)
    • S&P 500 Index
    • ASX – Australian
    • Shanghai Index (SSE)
  • BUSINESS
  • CRYPTO
    • Metaverse
    • Tokens
    • Crypto Reviews
    • NFT : Non-Fungible Tokens
    • Stablecoins
    • Blockchain
    • Ethereum
    • Buy Bitcoin
    • Best Crypto
    • Bitcoin
    • Altcoins
  • MONEY
    • Insurance
    • Taxes
    • Mortgages
    • Loans
    • Personal Finances
    • Credit Cards
    • Interest Rates
  • BANKING
    • Banks Near Me
    • Payments
    • ATM Near me
    • Best Banks
    • Banks Guides
    • Transfer Money Online
    • Mobile Banking
    • Digital Bank
    • Secure Bank Login
  • TECH
    • Social Media
    • Login
    • Error Pages
    • Is It Down?
    • Download
    • Settings
  • LUXURY
    • Luxury Food & Drink
    • Luxury Cars
    • Luxury Style
    • Luxury Motors
    • Luxury Travel
    • Luxury Tech
  • LIFESTYLE
    • Travel
    • Entertainment
    • Health
    • Cars
    • Near Me
    • Life
    • Weather Tomorrow
  • INVESTMENT
    • Real Estate
    • Famous Investors
  • ABOUT US
    • Why Fintech Zoom?
    • What is FintechZoom?
    • Advertise with Us
    • Careers in FintechZoom
    • Fintech Zoom Logo
    • FintechZoom PRO
    • FintechZoom Contacts
No Result
View All Result
FintechZoom
No Result
View All Result

Zenus announces landmark agreement with Finxact

James Albert by James Albert
October 26, 2022
in Press Releases
0

Home » Zenus announces landmark agreement with Finxact

London October 26, 2022 — Zenus Bank – the US digital bank providing services to non-US citizens and residents in over 150 countries – has partnered with Finxact, a Fiserv company and provider of the leading next-gen core banking platform to the US regional and super-regional banking sector, as part of Zenus’ vision to offer US bank accounts to millions of people worldwide. 

Finxact will join Microsoft and implementation partner HSO in helping Zenus deliver a global banking platform that supports Zenus’s retail, corporate, and partnership banking operations.

Zenus Bank makes it easy and safe for clients to access, send, receive and store money in the USA from anywhere globally. The company operates with an international licence to give customers with a global footprint, constant access to their funds without requiring US residency or citizenship. This combats the local residency requirements that banks have when accepting foreign clients and provides access to the US dollar for those in developing countries with less stable economies, transforming the capabilities of international digital banking. In addition, Zenus Bank offers customers institutional FX rates and limitless ACH payments and wire transfers.

Finxact is a high-performance, highly scalable, real-time position-keeping platform that includes an expansive and extensible financial services model. By accessing its open APIs and extensible components, banks can invent, curate, and launch products at the speed required to meet customer expectations in today’s marketplace. The company will be integrated with Zenus’ full Microsoft stack by global platinum partner, HSO.

RelatedPosts on FintechZoom

OCR Labs Global’s Zero Bias AI™ Tech Awarded Further DIATF Certifications

Three New Associate Partners Join The Fintech & Payments Advisory Network

Equals Group announces a positive trading update with revenues up 59%

Global invoice financing group enables clothing giant to grow during times of economic recession

Revolutionizing Finance: STX Next on transforming the financial sector with Cutting-Edge AI & ML

Stubben Edge acquires Insurercore to expand tech offering

Zenus bank was first launched in 2019 by Mushegh Tovmasyan after he found the concept of transferring money overseas a complex, expensive and time-consuming process when working for other banks and currency trading platforms. He also discovered there was significant demand for access to a global secure bank account from employees in developing economies working for companies who currently wait weeks to be paid through local banks. This trend has only accelerated as remote working has become the new norm and companies employ staff all over the world,

Zenus, therefore, believes offering a secure, transparent and scalable international bank will be vital for providing financial inclusion to millions of people, businesses and organisations operating in developing countries as well as employees working for globally orientated firms.

“It is deeply gratifying for the dedicated team of Finxact engineers to see our technology expand the horizons of banking and further the individual goals of the consumers, entrepreneurs and businesses around the world that Zenus will be helping with their first-to-market solution,” said Ryan Victor, Chief Revenue Officer, Finxact. 

“Today’s announcement is a hugely important and exciting step on our journey as a bank toward achieving our ambitions of offering a US banking account for millions of people across hundreds of different countries. When we laid out our technological aspirations and existing infrastructure, Finxact stood out as the obvious choice. We’re building a truly global banking platform, it needs to be secure and stable, scalable, and dexterous enough to align with our business plans,” said Pedro Martinez, CIO, Zenus Bank.

“It’s exciting to see our mission to empower every person and organization on the planet to achieve more come to life through organizations like Zenus. Their capabilities to build a global banking platform, along with the Microsoft technology they’ve already chosen, and the partnership they’re establishing with Finxact, will lay the foundation for a truly world-class digital infrastructure,” said Eduardo Joia, Financial Services Managing Director, Microsoft LATAM.

“HSO is proud to be part of the team helping Zenus Bank open the door to US banking for millions of customers around the world,” said Tom Berger, Vice President of Financial Services, HSO. “We’re excited about the opportunity to bring together the critical components that make up this innovative, cloud-native banking platform by leveraging Microsoft Dynamics 365 and the Azure cloud.” 

ABOUT FINXACT, A FISERV COMPANY 
Finxact’s core is an open banking platform engineered to support the scale and regulatory requirements of the largest financial institutions. Its cloud-native platform provides 100% accessibility to all data and functions via a robust set of modern APIs, empowering banks, fintechs, and their partners to rapidly deliver new experiences by creating products on demand and integrating new services as needed.  Learn more at www.Finxact.com. 

ABOUT ZENUS BANK

Zenus is on a mission to take banking beyond borders. A US digital bank, using award-winning technology to enable individuals and businesses in over 130 countries to open a US bank account online without the need to be a US citizen, resident or registered company, giving access to the security, freedom and convenience of US banking. 

Zenus Bank will not open any account or process any transactions from countries which have been sanctioned by the United States Department of the Treasury, Office of Foreign Assets Control ‘OFAC’. Find Zenus at www.zenus.com and @ZenusBank via social channels. Download the Zenus Bank app from the Apple App Store or Google Play Store.

ABOUT HSO

HSO is a Business Transformation Partner with deep industry expertise and global reach, leveraging the full power of Microsoft technology to transform the way in which people work and how businesses operate, ultimately driving improvements in business performance for our clients.

HSO helps companies modernize business operations, adopt intelligent automation, deliver real-time performance insights and connect the enterprise – accelerating the impact of digital transformation based on Microsoft Dynamics 365, Microsoft 365 and Microsoft Azure.

Founded in 1987, HSO has more than 1,400 professionals throughout Europe, North America and Asia and is one of the world’s top business solution and implementation partners. To learn more, please visit www.hso.com.

James Albert

James Albert

James Albert is a personal-finance analyst for FintechZoom and is based in New York. Contact: [email protected]

Related Posts

OCR Labs Global’s Zero Bias AI™ Tech Awarded Further DIATF Certifications

March 9, 2023

Three New Associate Partners Join The Fintech & Payments Advisory Network

February 15, 2023

Equals Group announces a positive trading update with revenues up 59%

February 15, 2023

Global invoice financing group enables clothing giant to grow during times of economic recession

February 15, 2023

Revolutionizing Finance: STX Next on transforming the financial sector with Cutting-Edge AI & ML

February 14, 2023

Stubben Edge acquires Insurercore to expand tech offering

January 20, 2023

Newly rebranded ONE Group partners with RegTech provider Know Your Customer

January 20, 2023

Private equity – private debt sector embraces self-serve technology – capital markets study

November 16, 2022

Zoho Finance platform hits 50% YoY Growth

November 16, 2022
Next Post

Areas in the UK home to the keenest investors

ETPPA welcomes European Commission proposal on Instant
Payments

Ethereum’s Dominance in the Crypto Market Is up 20% Following the Merge

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • About Us
  • Advertise
  • Careers
  • Terms and Conditions
Call us: + 1 917 9939840

© 2016-2023 FINTECH ZOOM - WORLD FINANCE

No Result
View All Result
  • MARKETS
    • Trading
    • Stock Futures
    • Exchange Traded Fund (ETF)
    • Best Stocks To Buy Now
    • Penny Stocks
    • Forex Market
    • Bonds & Rates
    • Stock Market Guides
    • Commodities
      • Brent Crude Oil Price
      • WTI Crude Oil Price
    • Breaking Stock Market News
    • Reviews in Stock Market
    • Asian Markets
    • European Markets
    • US Markets
  • WORLD INDICES
    • DAX PERFORMANCE-INDEX
    • Russel 2000 (RUT)
    • STOXX Europe 600 (SXXP)
    • Euro Stoxx 50
    • CAC 40 Index (FCHI)
    • FTSE 100 Index
    • Nikkei 225 Index
    • HSI – Hang Seng Index
    • NSE Nifty 50 Index
    • NASDAQ Composite Index
    • Dow Jones (INDEXDJX: .DJI)
    • S&P 500 Index
    • ASX – Australian
    • Shanghai Index (SSE)
  • BUSINESS
  • CRYPTO
    • Metaverse
    • Tokens
    • Crypto Reviews
    • NFT : Non-Fungible Tokens
    • Stablecoins
    • Blockchain
    • Ethereum
    • Buy Bitcoin
    • Best Crypto
    • Bitcoin
    • Altcoins
  • MONEY
    • Insurance
    • Taxes
    • Mortgages
    • Loans
    • Personal Finances
    • Credit Cards
    • Interest Rates
  • BANKING
    • Banks Near Me
    • Payments
    • ATM Near me
    • Best Banks
    • Banks Guides
    • Transfer Money Online
    • Mobile Banking
    • Digital Bank
    • Secure Bank Login
  • TECH
    • Social Media
    • Login
    • Error Pages
    • Is It Down?
    • Download
    • Settings
  • LUXURY
    • Luxury Food & Drink
    • Luxury Cars
    • Luxury Style
    • Luxury Motors
    • Luxury Travel
    • Luxury Tech
  • LIFESTYLE
    • Travel
    • Entertainment
    • Health
    • Cars
    • Near Me
    • Life
    • Weather Tomorrow
  • INVESTMENT
    • Real Estate
    • Famous Investors
  • ABOUT US
    • Why Fintech Zoom?
    • What is FintechZoom?
    • Advertise with Us
    • Careers in FintechZoom
    • Fintech Zoom Logo
    • FintechZoom PRO
    • FintechZoom Contacts

© 2016-2023 FINTECH ZOOM - WORLD FINANCE

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?