Top fintech stories this week – 23 March 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Core Banking System
Beacon Community Bank opts for Jack Henry’s Silverlake core banking system
The solution is supplied on a hosted basis via JHA OutLink Processing Services.
Saudi Real Estate Refinance Company live on TCS Bancs core system
TCS says this is the “first of its nature deployment in the Middle East region”.
SAB lands new core banking tech deal in West Africa
The Confédération des Institutions Financières d’Afrique de l’Ouest (CIF) in tech revamp with SAB.
BB&T scraps SAP core banking tech project
SAP’s first core banking technology project in the US is no more, it is believed.
Folkefinans in tech revamp with Mambu’s SaaS-based core banking system
Nordic finance and credit company Folkefinans is implementing Mambu’s core banking tech.
Two Chinese FIs live with TCS Bancs core banking system
Gansu Bank and Hunan Rural Credit Union in China have gone live with TCS Bancs.
Lanco FCU live with new core banking system, Symitar’s Episys
New tech is provided on a hosted basis by Member Driven Technologies (MDT).
Banque du Caire in core banking tech revamp with Temenos T24
Oracle FSS’s Flexcube core banking tech out, Temenos’ T24 in, at Banque du Caire in Egypt.
New customers drive Avaloq to record 2017 revenue
Swiss core banking vendor reveals record revenue of over $584.4m.
Silkbank completes core banking tech upgrade
Silkbank in Pakistan now on the R16 version Temenos’ T24 core banking system.
Barclays France in wealth management tech revamp
New owner AnaCap aims to create “the leading independent wealth manager in France”.
Saradar Bank live with Temenos’ T24 core banking system
Saradar Bank in a “big bang” go-live with new core banking tech.
Oman’s Bank Muscat refreshes on TCS Bancs core system
System will be used for its fund and investment operations.
Kawartha Credit Union picks Fiserv’s DNA for revamp
Ontario-based organisation has opted to replace its Acumen core processing platform.
India’s central bank issues Swift ultimatum for core banking
With a deadline of 30 April 2018.
Al Jazeera Finance live with new core banking system, Ethix from ITS
Path Solutions’ iMAL out, ITS’s Ethix core banking system in, at Al Jazeera Finance in Qatar.
Thailand’s Kasikornbank selects Avaloq core banking system
The project will be Avaloq’s first in the country.
Temenos buys trading platform provider Fidessa for £1.4bn
Deal now confirmed from yesterday’s (20 February) report.
Softtek and Mambu unveil banking Platform-as-a-Service
SaaS-y engine provider partners with Mexican system integrator.
KBC in group-wide tech renovation project with Temenos
KBC is on a “progressive renovation” journey of its international operations.
Temenos enjoys software licensing growth of 22%
Revels in a decent 2017 and keeps the momentum gained in 2016.
Fiorano the firepower in I&M Bank’s digital leap
Kenyan bank will use Fiorano’s platform while integrating with Infosys’ Finacle core banking system.
SGBL turns to Backbase for digital banking revamp
Lebanon-based Société Générale de Banque au Liban makes its choice.
Stanbic Bank in core banking system upgrade with Validata
Validata has gained a new taker in Africa for its quality assurance (QA) software – Stanbic Bank.
Abcul searches for new CEO as Mark Lyonette moves on
Abcul’s CEO position comes with a circa £70,000 annual salary.
Five new core banking tech clients for CSI
Computer Services Inc, a US-based provider of banking software, bags some action for its core processing tech.
Techmill and Temenos to deploy new core banking system at CHDB
Myanmar-based bank replacing legacy system with Temenos’ T24.
Banco Postal implements Fiorano’s integration software
Fiorano’s tech helps integrate with Banco Postal’s two core banking systems and national payment subsystem.
New go-lives and clients for core banking tech vendor BML Istisharat
BLC Bank has ousted Ambit Treasury Management in favour of BML Istisharat’s ICBS.
Trustbank Amanah goes live on Path Solutions’ iMAL core banking system
The first Islamic bank in Suriname opts for system from Path Solutions.
Myanmar Citizens Banks signs for Temenos’ T24 core banking system
The implementation partner is India-based Techmill Technologies.
ION acquires treasury management tech vendor Openlink
ION heading for a clean sweep of the treasury management software market?
Case study: Sberbank – tech them on
Sberbank now benchmarks its performance against technology companies not other banks.
Banking Technology February 2018 issue out now
Vision dreams of passion. And all the while I think of fintech.
Finabank in core banking tech revamp with Temenos and Sofgen
Finabank in Suriname has signed for a front-to-back office suite of tech from Temenos.
PostFinance in core banking tech upgrade
Swiss Post’s financial services arm will be updating its core banking software over the Easter weekend.
EFG and BSI unite on Temenos T24 core banking system
The BSI business was moved from Avaloq Banking Suite onto Temenos’ T24.
Banking tech round-up: 25 January 2018
Features Yolt, Chevy Chase Trust, FIS, Haven Savings Bank and Connecticut Online Computer Centre.
Member Driven Technologies adds four US credit unions
They all opt for Symitar Episys core banking platform.
