Latest news with #VishnuR.Dusad
Business Standard
30-07-2025
- Business
- Business Standard
Nucleus Software redefines transaction banking for HNB PLC with FinnAxia
Hatton National Bank PLC (HNB PLC), one of Sri Lanka's leading and most forward-looking financial institutions, has implemented FinnAxia, the advanced Transaction Banking Suite from Nucleus Software, as part of a strategic initiative to strengthen its leadership in digital banking and meet the growing needs of its corporate and SME clients across Sri Lanka and around the globe. In a highly competitive market where customer expectations are evolving rapidly, HNB recognized the need for a robust, scalable and integrated platform to deliver world-class, transaction banking services. The rollout of FinnAxia marks a decisive move to future-proof HNB's cash management business, deepen client relationships, and enhance revenue streams. Since going live, HNB has already experienced a 10X increase in customer onboarding and a 6X jump in transaction volumes. "At Nucleus Software, we believe that the future of transaction banking lies in a modular, intelligent platformone that is agile, deeply integrated, and purpose-built to scale with dynamic business ecosystems, said Vishnu R. Dusad, Managing Director & Co-Founder, Nucleus Software. Our partnership with HNB reflects a shared ambitionto redefine digital transaction banking in Sri Lanka. With FinnAxia, we are not just delivering technology, but building a competitive advantage.
Business Upturn
30-07-2025
- Business
- Business Upturn
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.' Ahmedabad Plane Crash News desk at
