Nucleus Software announced the release of FinnAxia 3.0, the latest version of its integrated transaction banking product suite.
The product enables banks to eliminate multiple siloed applications and includes a Direct Debit solution based on internationally accepted ISO20022 messaging standards.
It is also compliant with the major payments and settlement systems across the globe including the SEPA Direct Debit Mandate (SDD) in Europe and NACH in India.
Nucleus Software noted that the integrated transaction banking solution helps bank’s corporate customers reduce their account receivables cycle thereby optimizing Days Sales Outstanding (DSO).
