Stanbic IBTC Bank has upgraded its transaction banking infrastructure to FinnAxia 9.0, a digital transaction banking suite provided by technology partner Nucleus Software.
Stanbic IBTC Bank and Nucleus Software have upgraded to FinnAxia 9.0, marking a key milestone in their decade-long partnership to enhance transaction banking for corporate and institutional clients.
As corporate demand shifts toward real-time digital solutions, Stanbic IBTC Bank and Nucleus Software said they remain focused on leveraging technology to boost operational efficiency, elevate service delivery and support client growth.
The upgrade to FinnAxia 9.0 strengthens Stanbic IBTC’s transaction platform across payments, collections, liquidity and cash management delivering better automation, improved digital customer experiences and a scalable base for future innovation.
Transaction banking across Africa is entering a new era driven by demand for real-time payments, digital trade and intelligent liquidity tools. In response, financial institutions are upgrading to modern tech stacks that combine rapid innovation with security, reliability and client-focused delivery.
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The move to FinnAxia 9.0 supports Stanbic IBTC Bank’s strategy to leverage technology for corporate value creation while maintaining strong operational standards.
Eric Fajemisin, Executive Director of Corporate and Transaction Banking at Stanbic IBTC Bank noted that”Our decade-long partnership with Nucleus Software reflects our focus on continuously elevating client solutions. Upgrading to FinnAxia 9.0 strengthens our platform to deliver faster, more efficient and customer-focused transaction banking as the market evolves.”
About the Author
Praise fortune is a tech analyst and journalist based in Nigeria, Her work serves as a vital bridge between complex corporate maneuvers and the everyday reader, breaking down high-stakes financial, regulatory, and technological shifts across the African continent into clear highly readable narratives. With a deep focus on fintech, traditional banking transformation and digital infrastructure, she have become a dedicated analyst of the architects building Africa’s digital economy.
