FinTech Futures: Top five news stories of the week – 11 October 2024
Our pick of the top fintech news stories this week includes Monese, TSB Bank, Temenos and more.
Core Banking System
ESAF Small Finance Bank replaces FIS’ Profile with Oracle Flexcube as new banking core
ESAF’s implementation of Flexcube has been underway since August.
Pension management company Indexo launches bank in Latvia powered by Mambu
Mambu’s integration with Indexo Bank has been underway since March last year, and was led by IT solutions provider Fintecor.
Banking Technology Magazine October 2024 issue out now
Cover story: QUANTUM LEAP OF FAITH – Preparing for the advent of Q-Day.
Sonali Bangladesh UK selects Finastra Essence for core banking tech overhaul
The new core system will support both conventional and Islamic banking at SBUK.
Commerce Bank partners FIS for loyalty programme management platform
FIS’ loyalty engagement solutions will enable Commerce customers to earn rewards at the POS.
Indonesia’s Krom Bank taps AWS Cloud for digital banking upgrade
Krom’s core ledger is being powered by SaaS cloud banking platform Mambu.
September 2024: Top five core banking stories of the month
FinTech Futures takes a look back at five of the top core banking stories of the month.
New UK lender Interbridge Mortgages taps Mambu for retail mortgages solution
Founded last year and headquartered in Cardiff, Interbridge Mortgages is a second charge mortgage lender.
Make mine red
Does your technology need to have smoke coming out of its motherboard to be considered defunct?
Tuum names former Vocalink head David Yates as new chairman
Yates currently serves as chairman of Nium and vice chairman at Equiniti.
OneAZ Credit Union to deploy Backbase’s Engagement Banking platform
OneAZ operates 20 branches across Arizona and claims to manage over $3.4 billion in assets.
The programmable money promise: potential advantages and opportunities at stake
Programmable money is a revolutionary concept poised to enhance monetary and financial systems.
FinTech Futures: Top five news stories of the week – 20 September 2024
Our pick of the top fintech news stories this week includes JP Morgan, CSI, Revolut and more.
Consumers Credit Union selects Lumin’s digital banking platform ahead of proposed Rockford Bell merger
CCU says it required a digital platform that could “support its increasing number of members and their unique needs”.
US fintech software provider CSI acquires Velocity Solutions
CSI says Velocity “complements” its previous purchase of Hawthorn River last December.
ICYMI fintech funding round-up: Datricks, PastPay, LineLeap, Kompasbank and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Affinity Plus FCU signs Lumin Digital for online and mobile banking revamp
The platform will deliver spending insights, financial guidance, fraud protection, and other features to members.
Mansfield Building Society in core banking tech overhaul with TCS
Mansfield has selected the vendor’s TCS Bancs and Digital Home Lending solutions.
Judo Bank migrates lending business to Thought Machine’s Vault Core
The migration to the cloud-based core banking platform has been underway since last year.
Don’t believe the hype: how transparent is your core?
In a world that is increasingly open tech vendors need to increase their transparency too.
Axway completes €330m acquisition of Sopra Banking Software
SBS CEO Eric Bierry has been named as the new deputy CEO of Axway.
Balancing innovation and risk as the cloud reshapes banking modernisation
Rising cybersecurity threats are causing banks to revaluate their relationship with the cloud.
August 2024: Top five banking tech stories of the month
FinTech Futures takes a look back at five of the top banking tech stories of the month.
Video: Highlights from FinTech Futures’ Banking Tech Insights panel and networking event
Watch our highlights video from the FinTech Futures Banking Tech Insights event on 11 July.
The unbundling of core banking
The rapid evolution of technology has allowed smaller companies to reinvent core banking.
Banking Technology Magazine September 2024 issue out now
Cover story: HOP INTO THE FUTURE – Banks must turn and face the change.
Advans Pakistan Microfinance Bank in core banking tech overhaul with AutoSoft Dynamics
Advans Pakistan is implementing the AutoBanker core banking system from AutoSoft Dynamics.
North Bay Credit Union taps Sharetec for web-based core banking solution
North Bay Credit Union will deploy the vendor’s Velocity solution.
Forum Credit Union selects Apiture for business banking digital enhancement
Forum Credit Union is going live with Apiture’s business banking solution.
UFS purchases Safe Systems to bolster compliance and security services
The combined companies currently service just under 400 financial institutions.
National Bank of Fujairah digitises corporate banking operations with iGTB’s eMACH.ai
iGTB claims the deal marks the first deployment of the cloud-managed service in the region.
Be more like Suresh
Wouldn’t it be great if you could replace your core banking tech or any system on a regular basis?
NCR Voyix agrees to sell digital banking unit to Veritas Capital for $2.45bn
NCR Voyix says its digital banking business currently supports “1,300 top-tier financial institutions”.
HD Bank launches Vikki Digital Bank in Vietnam powered by Thought Machine’s Vault Core
The new digital-only bank is the result of a joint venture between HD Bank and Galaxy FinX.
Kuwait’s Boubyan Bank taps Temenos to modernise its core banking systems
The bank is migrating to Temenos’ core banking platform for corporate banking, retail, and wealth management.
Octo3 merges with fintech solutions provider Evantagesoft to launch new FTS.Money brand in Asia
The new brand is preparing to launch IBAN accounts and remittance services later this year.
July 2024: Top five core banking stories of the month
FinTech Futures takes a look back at five of the top core banking stories of the month.
Alt.bank in Brazil migrates novücard credit card infrastructure to Visa’s Pismo
Alt.bank now plans to launch “several new product features” for the credit card.
Kosovo’s Cash Plus selects Profile Software’s Finuevo Suite for loan process management
Profile says Cash Plus was able to go live with its cloud-based solution in “an extremely short time period”.
