Adastra Partners with PaymentComponents to Offer Open Banking in Canada and USA

Fazzaco learned that Adastra, a global data & analytics solutions provider, has partnered with PaymentComponents, a global leader in B2B payments and fintech solutions, to enable open banking and payments capabilities in Canada and the USA.

This partnership will enable financial institutions to better serve their existing customers, and attract new clients with transparent and competitive services.

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Darren Edery, President at Adastra North America, said, "We are excited to work closely with PaymentComponents to continue to bring innovative solutions to the fintech sector, in ways that will streamline the functionality and integrations of banks' core systems." 

​"The routing and scheduling features being implemented with the solutions implemented with PaymentComponents are designed to simplify our clients' operations while adding control to their payment processes," added Edery.

Sotiris Nossis, CEO at PaymentComponents, said, "Collaborating with a tech pioneer such as Adastra allows us to boost our position as a comprehensive fintech solutions provider in the region. The combined strengths from Adastra and PaymentComponents will offer customers exclusive solutions that they can take to market effectively."