Top fintech stories this week – 12 January 2018
Catch up on FinTech Future’s top five fintech stories of the week – all in one place!
Core Banking System
Janata Bank moves merged and acquired banks to Oracle FFS Flexcube
Data migration project in Nepal completed with the help of JMR Infotech.
Harrods Bank acquired by challenger Tandem
UPDATE. Purchase completed following regulatory approval from the Bank of England.
Eight US credit unions to move to FLEX core banking tech in 2018
US-based core processor FLEX also finished 2017 with the conversion of eight credit unions onto its tech.
Conister Bank in core banking tech revamp with TCS
EXCLUSIVE: Isle of Man’s community bank is modernising its core banking platform.
Top fintech stories this week – 5 January 2018
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Motor City Community Credit Union in core banking tech revamp with Fiserv and Celero
Motor City Community Credit Union (MCCCU) will migrate to Fiserv’s DNA core banking platform.
State Bank of Pakistan completes major core banking tech upgrade
Moving from Temenos’ Globus G11 to T24 R15.
Top ten core banking software projects in 2017
A look back at some of the major core banking software projects in 2017.
Top ten fintech opinion pieces in 2017
They thought for you.
Bahrain Middle East Bank chooses Wolters Kluwer’s OneSumX for Finance
Will provide the basis for its core banking and reporting system.
Mambu powering Wenance’s Latin American expansion
Will be using its Software-as-a-Service (SaaS) core banking system.
PR Savings Bank in core banking tech revamp with Temenos T24
Philippine Resources Savings Banking Corporation is implementing Temenos’ T24 core banking and analytics solutions.
Path Solutions beats ICS Financial Systems to core banking system deal in Iraq
Al-Rajih Islamic Bank, a greenfield bank in Iraq, has signed for the iMAL core banking system from Path Solutions.
Commerzbank and HSBC partner for securities settlement
Commerzbank and HSBC Transaction Services have formed a new partnership for securities settlement.
Two more US credit unions join Fiserv in tech revamp
Illinois Educators Credit Union and Members Financial select Fiserv for their tech overhauls.
Five US credit unions in core tech revamp with Fiserv’s DNA
Five credit unions in the US have opted to implement Fiserv’s DNA core processing platform.
Al Baraka Banking Group signs for Path Solutions’ iMAL core banking system
Bahrain-based Al Baraka Banking Group (ABG) has signed to implement the iMAL core banking system from Path Solutions at four of its 15 international subsidiaries.
Itaú Unibanco in wealthtech revamp with Temenos
Itaú Unibanco, Latin America’s largest banking group, has signed for a new core banking solution – Temenos’ T24 – for its international private banking business.
Oracle FSS launches new version of Flexcube core banking system, V14
Oracle FSS has unveiled the latest release – V14 – of its flagship core banking system, Flexcube.
New live site for ICS Banks core banking system in Iraq
Al-Thiqa Islamic Bank has gone live with new core banking software, ICS Banks, supplied by ICS Financial Systems (ICSFS).
TSB unveils new banking tech platform, Proteo4UK
“We have created a more digital, agile and flexible TSB,” stated Paul Pester, CEO of TSB, at the unveiling of the bank’s new technology platform, Proteo4UK.
SmartSolution gains first core banking tech client in Central America, Blue Creek Credit Union
Blue Creek Credit Union (BCCU) in Belize is implementing a new core processing system, Universa, supplied by Canadian banking tech vendor SmartSolution.
De Volksbank live with new core banking platform, Ohpen
De Volksbank, a retail and SME bank in the Netherlands, has migrated over 122,000 investment accounts to Ohpen’s core banking platform.
Validata lands core banking testing deal in US
Validata has inked a deal with a large US bank to deliver quality assurance for the bank’s Temenos T24 core banking transformation project. Banking Technology understands this is Commerce Bank.
Integris Credit Union in core banking tech revamp with Validata
Canada-based Integris Credit Union has deployed Validata’s suite of products to support its transition to Temenos’ T24 core banking system.
Case study: EBank and Fiorano – core banking integration
Namibia’s EBank has achieved digital transformation of services with Fiorano’s core banking integration. Fiorano Enterprise Service Bus seamlessly integrates EBank’s Temenos T24 core banking system with third party suppliers and channels facilitating its vision of financial inclusion.
Core banking system integrator Syncordis acquired by L&T Infotech
Indian tech vendor L&T Infotech (LTI) has acquired Syncordis, a Luxembourg-based core banking implementation specialist, for €15 million.
Raiffeisen Switzerland sheds its stake in core banking tech vendor Avaloq
Raiffeisen, the third largest banking group in Switzerland, is selling its 10% stake in core banking tech vendor Avaloq to private equity firm Warburg Pincus.
Top fintech stories this week – 17 November 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Airtel Payments Bank live with new core banking system
Airtel Payments Bank, a start-up subsidiary of Indian telco Airtel, has gone live with its core banking system. This is understood to be Oracle FSS’s Flexcube.
Core banking: true digital banking requires innovation on all layers
By adopting a layered model that moves the focus from presentation to orchestration, banks can deliver an omni-access digital service that truly works for customers, says Peter-Jan Van de Venn, CCO of Dutch digital core banking platform provider Five Degrees.
Top tier US bank in cash management tech revamp with Temenos and Finastra
EXCLUSIVE: A top tier US-based bank is modernising its global cash management ops with technology from Temenos and Finastra (formerly D+H Corporation).
Gibraltar Savings Bank goes live with iFinancial BankWare core system
Gibraltar Savings Bank has gone live on International Financial Systems’ (iFinancial) Bankware core system – the first phase of a three-phase implementation plan to replace its in-house legacy system.
Al Qurtas Islamic Bank live with new core banking system, BML Istisharat’s ICBS
A start-up bank in Iraq, Al Qurtas Islamic Bank, has gone live with its core banking system, ICBS, supplied by a Lebanon-based banking tech vendor, BML Istisharat.
Bar Harbor Bank & Trust in core banking tech overhaul with Jack Henry
Bar Harbor Bank & Trust has implemented new core banking software, Jack Henry & Associates’ Silverlake, provided on an outsourced basis.
Co-op Money NZ moves credit union members to new core banking system, Flexcube
Another member of Co-op Money NZ, the industry body for New Zealand’s credit unions and mutual building societies, is due to go live with a new core banking platform, Oracle FSS’s Flexcube.
Panin Dubai Syariah selects ICS Banks core banking platform
Panin Dubai Syariah, an Islamic bank in Indonesia, has selected ICS Banks core banking platform from ICS Financial Systems (ICSFS) to replace its legacy tech.
Bank on Dave gearing up for launch in 2018
Burnley Savings and Loans, a lending company based in Burnley, UK, is awaiting a banking licence from the UK regulator for its Bank on Dave challenger bank.
Warwyck Private Bank signs for ERI’s Olympic core banking system
Mauritius-based Warwyck Private Bank has signed a deal with Swiss banking software tech vendor ERI to implement its Olympic core banking system.
