Harrods Bank acquired by challenger Tandem
UPDATE. Purchase completed following regulatory approval from the Bank of England.
Harrods Bank
£3.6m emergency cash injection pumped into Tandem
UK-based challenger bank Tandem received an emergency cash injection of £3.6 million from its existing investors earlier this year when a major funding deal with House of Fraser collapsed.
Top fintech stories this week – 11 August 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Harrods Bank implements Temenos T24 core banking system
UK-based Harrods Bank is implementing a new core banking system, having abandoned the FIS Profile project, Banking Technology understands.
Top fintech stories this week – 23 September 2016
Catch up on Banking Technology’s top five fintech stories of the week – all in one place! Harrods Bank in search of new core banking system EXCLUSIVE. The FIS Profile project is dead. Long live a new project! Deutsche Bank GTB builds new payments platform EXCLUSIVE. Dovetail to deliver? Misys unveils Platform-as-a-Service strategy Opens up […]
Harrods Bank in search of new core banking system
The FIS Profile core banking project is dead. Long live a new core banking project! UK-based Harrods Bank is back to market to find a new core banking solution, Banking Technology understands. It is understood to be in talks with a broad number of tech suppliers, including Temenos and Misys (the incumbent provider). The bank […]
Harrods Bank loses CEO
Just a couple of months following the appointment of the new CIO at Harrods Bank, its chief executive – Peter Ball – leaves. Ball has moved to specialist lender Together, to head its retail division. Together has been ramping up its leadership team – over the last three months alone it has added Colin Kersley, […]
Harrods Bank gets new CIO, but core banking overhaul in question
Will Simon Bateman, the new CIO of London-based Harrods Bank, restart the bank’s long-suffering core banking software overhaul? Bateman moves from another UK-based bank, Aldermore, where he spent around three years, first as transformation and change director and then as head of IT for the savings business line. Aldermore, a small domestic bank focused on […]
