30-07-2025
Hatton National Bank partners with Nucleus Software to upgrade transaction banking with FinnAxia®
By News Desk Published on July 30, 2025, 09:44 IST
Nucleus Software Exports Ltd. has announced a strategic partnership with Hatton National Bank PLC (HNB), one of Sri Lanka's premier private banks, to enhance its transaction banking capabilities through the deployment of FinnAxia®, Nucleus's advanced transaction banking suite.
The collaboration is aimed at helping HNB accelerate digital transformation, particularly in the areas of payments, cash management, and corporate banking services. The rollout of FinnAxia® is a key step in HNB's ambition to strengthen its leadership in the SME and corporate banking segments, both domestically and internationally.
'We are reimagining our transaction banking strategy to not only retain our leadership position in the payments and cash management space but to significantly expand our presence in the SME and corporate banking segments,' said Damith Pallewatte, Managing Director & CEO, HNB. 'FinnAxia® gives us the technology edge to offer a comprehensive, digital-first experience.'
Since going live, HNB has reported a 10X increase in customer onboarding and a 6X jump in transaction volumes, showcasing early success of the implementation. The platform enables real-time dashboards, automated reconciliation, and enhanced visibility, which is critical for treasuries to make data-driven decisions.
Vishnu R. Dusad, Managing Director and Co-Founder of Nucleus Software, stated:
'With FinnAxia®, we are not just delivering technology, but building a competitive advantage. Our partnership with HNB reflects a shared ambition to redefine digital transaction banking in Sri Lanka.'
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