Challenger banks Allica and Plazo turn to Mambu for tech
Allica Bank is live with Mambu’s core, while Plazo will use the vendor’s tech to support its lending business.
Core Banking System
EntreBank selects CSI’s NuPoint core banking platform
CSI will also provide EntreBank with managed IT services.
UK payments platform xpate launches core banking system
Xpate says legacy IT platforms threaten the efficiency and profitability of merchants and acquirers.
ADCB Egypt partners Temenos to deliver digital payments
The deal will allow ADCB Egypt to adopt global payment standards such as ISO20022 and Swift GPI.
FinTech Futures: Top five stories of the week – 27 May 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Taiwan’s Mega Bank selects Avaloq’s core banking platform
Mega Bank will deploy Avaloq’s core platform to digitalise its private banking business.
Canadian Tire Bank taps Temenos for digital-first core banking upgrade
Canadian Tire Bank is looking to replace its legacy systems and modernise its operations.
Temenos Community Forum 2022: Everyone’s banking platform will be composable
Temenos Community Forum 2022 was held at the ExCel in London last week.
Congratulations to the Banking Tech Awards USA 2022 winners!
Take a look at the 2022 Banking Tech Awards winners
FinTech Futures: Top five stories of the week – 20 May 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Finovate Spring 2022: Starling CEO Anne Boden on what big banks can do better
Starling Bank CEO Anne Boden delivered a keynote speech at the Finovate Spring conference in San Francisco.
Programmable banking
We are fast approaching the time finally being right for programmable banking.
UK challenger Atom hires Andy Sturrock as CTO
Atom Bank’s new CTO wants to take the bank’s technology “to the next level”.
Core banking vendor Thought Machine raises $160m Series D
Thought Machine’s valuation has doubled since its Series C in November last year, when it raised $200 million.
BforBank taps Temenos for Google Cloud-supported future expansion
BforBank is the fully digital banking offering from French international banking group Crédit Agricole.
Westpac partners 10x Banking on new platform for institutional clients
10x Banking will provide the core technology for the new venture.
Santander uses in-house cloud tech to digitise core banking
Santander expects to fully complete the transition within the next two to three years.
Pakistan’s Systems Limited to acquire National Data Consultant
The deal will also see Systems Limited acquire NdcTech’s subsidiaries in the UAE and Singapore.
Bank of China’s Luxembourg arm picks ERI’s Olympic Banking System
The core banking system will be used to support BOC’s custody and clearing business.
Oracle FS gains core banking tech clients in Europe and Africa
Oracle FS has landed new-name deals for its Flexcube core banking system in Portugal and Nigeria.
Oracle FS lands two new core banking tech deals in Uzbekistan
Ziraat Bank and a challenger bank will implement a broad range of Oracle FS tech.
ICYMI funding round-up: Estateguru, SaaScada, tell.money, Cheq, GMEX & Bluezone
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The case for building core banking
Should larger banks be looking to write their own core? I’m not so sure.
Banking Technology Magazine May 2022 issue out now
Cover story: THE NEED FOR SPEED – Getting money to those that need it, fast.
Europe fintech funding round-up: Previse, Qonto, Volume, Tuum & Monspire
A handy round-up of the recent funding endeavours of fintech companies across Europe.
Al Rajhi Bank Malaysia picks Moneythor to strengthen digital bank offering
The bank will integrate Moneythor’s personal financial management features.
Taiwan’s Cathay United Bank goes live with Avaloq’s core banking tech
Avaloq says its core platform “creates a solid foundation for Cathay Bank”.
Garanti BBVA International heads to the cloud with Temenos
GBI will deploy the vendor’s Temenos Banking Cloud solution.
The evolution of core banking: build or buy?
There’s recently been a big rise in the number of players vying to be the core banking provider of choice for banks.
US digital challenger Battle Bank taps Temenos for cloud banking solution
Temenos’ platform will support Battle Bank’s foreign currency, market index and precious metals products.
Unbundling the core in the cloud: the perfect architecture for future-proof banks
Is your bank running on an operating system that is functionally unbundled, real-time, modular, cloud-native, and plug-and-play?
Oxbury Bank raises £31m in Series C funding, acquires core banking tech provider Naqoda
Oxbury Bank is a start-up bank in the UK focused on the agricultural sector.
Banking Technology Magazine April 2022 issue out now
Cover story: WINDS OF CHANGE – Tackling the carbon cost of technology.
Al Rajhi Bank Jordan in front-to-back office tech overhaul with ICSFS
Al Rajhi Bank Jordan selected ICS Banks from ICS Financial Systems following an international tender.
UK Infrastructure Bank embarks on system selection
UKIB, a new government-owned bank, is looking for a core banking system and has issued a tender.
Waafi Bank gears up for launch with Oracle FS tech
Oracle’s partner JMR Infotech worked on the implementation at Waafi Bank.
Oracle FS gains first core banking client in Tunisia, UBCI
Union Bancaire pour le Commerce et l’Industrie (UBCI) will implement the Flexcube core banking system.
Why is digital customer onboarding so important in banking?
To offer a competitive onboarding process, most banks will need to acquire a new level of technical flexibility.
Shortlist announced for Banking Tech Awards USA 2022
Congratulations to all of this year’s finalists.
Platformification: a reality and strong value add
How platformification benefits the financial institution and end customer alike.
