Saturday, June 28, 2025
19.6 C
London
HomeBankingKBC Bank: Chooses Finastra for LIBOR transition

KBC Bank: Chooses Finastra for LIBOR transition

Date:

UK Tribunal Rules Visa and Mastercard Interchange Fees Breach Competition Law

Landmark decision finds payment giants’ multilateral interchange fees unlawful,...

Spendbase Launches Digital Banking Platform and Virtual Cards for Businesses

Spendbase expands its financial platform with new digital banking...

FIS and Visa Partner to Help Regional and Community Banks Offer Fintech Services

FIS collaborates with Visa to empower regional and community...
  • Finastra building an open platform that accelerates collaboration and innovation in financial services, creating better experiences for people
  • KBC Bank, a Belgium-based bank with operations across Europe, US and Asia Pacific
  • Chosen Finastra to help manage its transition through the upcoming interbank references rates changes
  • It selected Fusion Loan IQ Alternate Reference Rates (ARR) module to manage new rates and to expand its lending business
  • The bank also opted for the Fusion LIBOR Transition Calculator to help calculate rates ahead of the transition period
  • Fusion LIBOR Transition Calculator help KBC Bank manage the transition before the ARR module is rolled out

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories