Padova, 35127,
Italy
Corvallis
Corvallis, a prominent reseller, system integrator, and consulting company, that plays a vital role in numerous system integration and digital transformation initiatives. Corvallis collaboration with software players such as Finastra empowers organizations to embrace disruptive technologies and accelerate their journey to the cloud, thus reshaping their business models.
| Reseller and SI | Vendor | Application | Category | Market |
|---|---|---|---|---|
| Corvallis | Finastra | Finastra Fusion Essence | Core Banking | ERP Services and Operations |
| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Product | Category | When | Insight |
|---|---|---|---|---|---|---|---|---|---|---|
|
|
BKN301 Group | Banking and Financial Services | 50 | $7M | San Marino | Finastra | Finastra Fusion Essence | Core Banking | 2023 |
In 2023, BKN301 Group went live with Finastra Fusion Essence as its Core Banking platform to provision a Banking as a Service solution targeting San Marino with expansion plans for the MENA region. The go-live for Finastra Fusion Essence established the foundational digital banking infrastructure required to offer corporate payment services and on-demand account and card issuance.
Finastra Fusion Essence was configured to manage payments accounts and corporate bookkeeping data, and to support international payment rails including SEPA and SWIFT transfers. The implementation included customer onboarding flows that enable rapid account opening and card issuance, aligning product configuration with the fintech’s BaaS product roadmap and corporate client use cases.
The solution was deployed on Microsoft Azure cloud and integrated with Salt Edge’s Open Banking Compliance for regulated API coverage, while Corvallis and Tinexta Group managed the project and last mile payments integration to meet local requirements. Integrations explicitly implemented include Salt Edge for open banking compliance and payment rail connectivity for cross-border transfers, enabling digital payment wallets and international payments processing.
Corvallis led the implementation and fast rollout activities, handling local compliance adaptation and production cutover tasks, while operational governance was structured to support incremental service delivery and rapid time to market. The deployment impacted payments, corporate banking operations, and customer onboarding functions, positioning BKN301 Group to operationalize a Banking as a Service payments offering for corporates across targeted markets.
Going live with Finastra Fusion Essence enabled BKN301 Group to bring new digital payments capabilities to San Marino and to accelerate its longer-term strategy to deliver a BaaS payments solution into the MENA region. The implementation explicitly facilitated seamless cross-border payments and digital payment wallets for corporate customers, and established the technical and integration foundation to expand services in regulated markets.
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