thefintech.info

Synechron completes integration of payments services and solutions provider Attra

Featured News

Synechron, Inc., a leading global digital transformation consulting firm, announced that it has now fully integrated its subsidiary, Attra, a payment technology services and solutions provider. based in Melbourne, Australia, within the largest Synechron brand. Attra, acquired by Synechron in December 2020, is now Synechron Payments and is Synechron’s newest line of business.

Prasad Guntupalli, former co-founder and executive vice president of Attra, will continue to lead Synechron Payments and assume the title of chief operating officer. Since being acquired, Attra has benefited from the synergies with Synechron and achieved 62% growth as a business.

“We are excited to be integrated under one name and leadership structure as we continue our important work. As one firm, under one unmatched brand, our like-minded teams can provide a more robust digital transformation toolkit of real-world solutions. Our combined strengths will help financial services, banking and technology companies empower their operations and realize their digital realities,”
Prasad Guntupalli, Managing Director of Synechron Payments.

Attra’s team of more than 2,500 payment technology professionals, working in the banking and finance sector, will continue to provide services throughout the payment value chain. Synechron Payments will provide expert advice, software lifecycle, application development and maintenance, and quality technical services to customers worldwide. This capability will be available at all Synechron business centers worldwide.

“We are pleased to have the talented and dedicated Attra team members around the globe officially join our enriched company as we advance our core mission to bring digital innovation to our clients. Amid a rapidly evolving business landscape, we have important work to do in helping organizations navigate the changes needed to build the foundations for their future business ambitions.”
Faisal Husain, Synechron’s Co-founder and CEO.

Now that this integration is complete, the Attra brand name will be dropped. All business practices, practices, offices, employees and customer engagement have been completely transferred, becoming an essential part of Synechron’s global business. Attra customers will continue to work seamlessly with their existing teams, as Synechron will take over all of Attra’s existing contracts with customers.

Attra and Synechron have spent the past 24 months taking an integrated approach and solving complex financial services problems spanning multiple payment solutions. Together, the companies have expanded their lifecycle banking and payments platform capabilities. Attra has 27 years of experience providing a full suite of Cards, Next Generation Payments and Core Banking services and solutions, successfully fulfilling many commitments for Banks, Financial Institutions, third-party payment processors and other payment companies globally.

In addition, Synechron leverages Attra’s core technology specialties focusing on digital transformation through intelligent automation, IT infrastructure, mainframe and cloud, UI/UX, computing mobility and channels, information management, performance engineering and network security. These services complement Synechron’s newly redefined suite of business services to help financial services and large technology companies meet their operational needs. Synechron’s core business includes consulting, design, data, cloud, and end-to-end engineering.

The Attra Accelerator program joins Synechron’s collection of Accelerator solutions, combining them into 76 business-focused applications across nine programs in self-funded FinLabs. The entire list of customers will now be able to take advantage of Synechron’s enhanced and expanded set of digital transformation capabilities.

B2B Banking BankingTech digital Economy Finance FINTECH Payment thefintech trending

Related Posts