2019’s top core banking deals
Core banking – a bank’s bread and butter, but what deals really stood out in 2019? We’ve created a list of some core banking deals FinTech Futures thought shook up the market this year (in no particular order).
Some big deals were signed this year
Westpac partners with 10x Future Technologies to build new platform
Australian lender aims to build banking-as-a-service operations with 10x Future Technologies at the core.
Mambu signs first Brazilian client Acesso
A big “bem vindo ao Brasil” for Mambu as it heads to South America.
Mizuho rolling out Flexcube core banking tech
One of Japan’s biggest banks modernises its corporate and commercial ops with Oracle.
Sumitomo Mitsui Trust Bank turns to Oracle for tech modernisation
Another Japanese win for Oracle, with the fifth-largest bank switching corporate ops.
Emirates NBD switches to Intellect Design for banking overhaul
Dubai-based bank puts iGTB at the centre of $410 million transformation.
TCS wins core replacement at National Bank of Bahrain
TCS beats out competition from Oracle FSS, Infosys, Temenos and Finastra to win Bahrain deal.
Al Rajhi Bank turns to Temenos for digital revamp
Saudi Arabia’s second-largest lender plumps for Temenos for Islamic banking and financing.
Bank Mandiri selects Avaloq Banking Suite to consolidate legacy wealthtech
Avaloq charged with underpinning wealth division with $14 billion in assets under management.
New York’s a wonderful town for Fiserv DNA
Bank with $51.2 billion in assets replaces legacy FIS system with Fiserv flagship.
Bank of America embarks on corporate banking tech modernisation
Major US lender opts for Infosys and its Finacle system to revamp its corporate banking.
