PayPal picks Temenos T24 core banking system
T24 will support PayPal’s operations in the US, UK, Germany and Australia.
Cloud
Top ten core banking system projects in 2018
Core banking software is back in fashion!
Tradeshift buys Babelway for cloud integration lift
Babelway’s technology will now be offered as Tradeshift Link.
FI.SPAN raises $4m for UK and Australia expansion
Financial services management platform has some extra holiday spending cash.
Data privacy provider Privitar picks up investment from Citi
UK firm plans to expand its US teams on the East Coast.
Cloud adoption: the key to agile change
What does agility actually mean in practice for the post-trade market?
AWS goes all the way with Ellie Mae
That would be a story. This is about moving to a cloud infrastructure.
Temenos covets cloud cover with NuoDB investment
Vendor ups cloud and container-native database technologies.
Bain Capital Ventures nets $1bn funding for new round of tech bets
Its current portfolio includes companies focused on infrastructure software, security, commerce and fintech.
Cloud security firm Netskope is dope with $168m funding
Massive round led by Lightspeed Venture Partners.
Morgantown Bank & Trust in core banking tech revamp with CSI
The bank is moving to CSI’s NuPoint core banking system, delivered on a hosted basis.
Talend seeks some data talent in Stitch acquisition
Stitch will be rebranded as Stitch Data Loader.
DTCC starts testing phase of blockchain platform
Project includes 15 of the world’s largest banks.
POPin Video Banking Collaboration unveils new brand and clients
“The industry’s first interactive mobile video banking solution” is now known as POPio Mobile Video Cloud.
Red Hat to be acquired by IBM in “game changing” $34bn deal
With the acquisition of Red Hat, IBM will become the world’s #1 hybrid cloud provider.
NCR steps into payments with $184m JetPay acquisition
NCR and JetPay anticipate “a smooth transition” for customers, channel partners and employees.
IBM unveils Open Banking Platform
When a rip and replace strategy is not a viable option.
Cloud based payments-as-a-service enters the mainstream
Banks are becoming increasingly comfortable with the concept of outsourced technology services.
Finastra targets smaller banks with cloud-based paytech
Based on the Microsoft Azure cloud, Fusion Global Payplus will be available in Q2 2019.
FundGuard raises $4m funding to “revolutionise” investment funds tech
FundGuard, a cloud-based investment funds operating system powered by AI, has launched and raised $4m.
Lighter Capital perks up capital client programme
Business tools and service offerings for start-ups funded by US firm.
Kooltra coolly collects $5m funding for FX automation
Canadian cloud platform plans UK and US expansion.
Infosys to acquire Fluido for $76m
Tech firm to buy cloud advisory and consulting services company.
SS&C to acquire fintech data provider Intralinks for $1.5bn
Acquisition brings cloud-based virtual data rooms for banking clients.
Case study: Live Oak Bank and Finxact – riding the second wave
The US, in particular, is in urgent need of new core offerings to support next generation digital banking.
Valley National Bank goes digitally deep with SAP and Axxiome
Oklahoma-based bank just can’t say no to a major revamp.
Life’s Alight for Wipro with $1.5bn deal
Indian firm reveals record ten-year deal with Illinois-based Alight Solutions.
Dfinity raises $105m funding for blockchain supercomputer dream
Sees itself as “The Internet Computer”.
Kony partners with Payveris on digital money movement
Includes P2P and A2A payments, bill pay, and fraud mitigation.
NASA jets in to help Entrust Datacard security
Entrust’s authentication fuelled by Jet Propulsion Laboratory (JPL).
Cloud finance platform Consero gets $50m investment
Boston-based BV Investment Partners invests in Texan firm.
MUFG Union Bank picks FIS Profile core banking system
EXCLUSIVE. The final was a duel against Temenos’ T24.
TradeIt teams with IBM Cloud for Financial Services
Will help developers add universal brokerage functionality to financial apps, platforms, and websites.
EY finds $1bn for fintech foraging
Investment plans in cyber, risk management and cloud-based tech.
Oracle cloud left fuming over Firefighters’ Pension Fund lawsuit
Claims Oracle misrepresented true drivers of its cloud revenue growth.
Q2 to acquire Cloud Lending Solutions
Digital banking solutions provider loves the lending look.
Microsoft unveils Ethereum proof-of-authority on Azure
Suitable for permissioned networks where all consensus participants are known.
Varo Money selects Temenos for core banking
EXCLUSIVE. T24 is starting to break into the US.
PayStand enters integration land with Xero
B2B payments platform buddies up with cloud accounting firm.
ICE is Bakkt to the future for digital assets
Intercontinental Exchange forms a new company.
