Editorial & Advertiser disclosure

Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Home > Top Stories > USAMERIBANK LIVE ON FINASTRA’S NEXT-GENERATION, HOSTED PAYMENTS HUB

USAMERIBANK LIVE ON FINASTRA’S NEXT-GENERATION, HOSTED PAYMENTS HUB

Published by Gbaf News

Posted on August 28, 2017

3 min read

Last updated: January 21, 2026

Ukrainian air force strikes drone depot in Russia's Oryol region - Global Banking & Finance Review — The image depicts the aftermath of Ukraine's air force attack on a drone storage facility in Russia's Oryol region, showcasing Ukraine's military efforts to reduce drone strikes on its infrastructure.

Solution implemented in just three months to improve customer service, increase straight-through processing and future-proof its technology investment

USAmeriBank is live on Finastra’s next-generation, hosted payments hub for US domestic and international wire transfers. USAmeriBank selected Finastra’s hosted solution in order to have the flexibility to quickly add new payments rails and services, future-proofing its technology investment, while improving customer service and increasing straight-through processing.

The bank realized the benefits of selecting a hosted solution by going live with Finastra’s next-generation payments hub in just three months from signing. In addition to quick time-to-market and ease of implementation, another benefit of using a hosted solution is a reduction of maintenance effort and total cost of ownership, as the technology and business services are maintained by Finastra.

“Today marks an important milestone in our journey to provide world class wire service capabilities to our customers,” said Kelly Spica, SVP Director of Deposit Operations, USAmeriBank. “In recent years, we have seen steady and significant growth in our wire business, and by implementing Finastra’s next-generation payments hub, we will be able to continue to add capacity and additional payment rails, virtually at the flick of a switch, in order to meet market demand and satisfy the needs of our customers.”

Going live on the next-generation payments hub marks the first phase of USAmeriBank’s journey with Finastra. In the coming months, the bank plans to add US ACH, and eventually real-time payments components, completing the bank’s journey to a fully-outsourced payment processing model.

“By offering our next-generation payments hub as a hosted solution, we are able to provide our clients with rapid time-to-market and ease of implementation,” said Nadeem Syed, CEO, Finastra. “USAmeriBank’s customers will quickly benefit from a market-leading payments solution with the highest levels of scalability, reliability and availability.”

Solution implemented in just three months to improve customer service, increase straight-through processing and future-proof its technology investment

USAmeriBank is live on Finastra’s next-generation, hosted payments hub for US domestic and international wire transfers. USAmeriBank selected Finastra’s hosted solution in order to have the flexibility to quickly add new payments rails and services, future-proofing its technology investment, while improving customer service and increasing straight-through processing.

The bank realized the benefits of selecting a hosted solution by going live with Finastra’s next-generation payments hub in just three months from signing. In addition to quick time-to-market and ease of implementation, another benefit of using a hosted solution is a reduction of maintenance effort and total cost of ownership, as the technology and business services are maintained by Finastra.

“Today marks an important milestone in our journey to provide world class wire service capabilities to our customers,” said Kelly Spica, SVP Director of Deposit Operations, USAmeriBank. “In recent years, we have seen steady and significant growth in our wire business, and by implementing Finastra’s next-generation payments hub, we will be able to continue to add capacity and additional payment rails, virtually at the flick of a switch, in order to meet market demand and satisfy the needs of our customers.”

Going live on the next-generation payments hub marks the first phase of USAmeriBank’s journey with Finastra. In the coming months, the bank plans to add US ACH, and eventually real-time payments components, completing the bank’s journey to a fully-outsourced payment processing model.

“By offering our next-generation payments hub as a hosted solution, we are able to provide our clients with rapid time-to-market and ease of implementation,” said Nadeem Syed, CEO, Finastra. “USAmeriBank’s customers will quickly benefit from a market-leading payments solution with the highest levels of scalability, reliability and availability.”