Al Baraka Bank Lebanon kicks off core banking revamp
It is a long-standing user of Misys’ (now Finastra) Equation.
Core Banking System
TSB’s April IT crash leads to £107m loss
Results in a loss of customers and increased post-migration costs.
MBT Bank outsources core banking tech to Jack Henry
MBT Bank has signed for Jack Henry’s Silverlake (core banking) and Banno (online and mobile channels).
Infosys’ Finacle core banking system gains new taker in Myanmar
Ayeyarwaddy Farmers Development Bank in tech overhaul with Infosys and ACE Data Systems.
Five Degrees buys Icelandic core banking provider Libra
Dutch firm seeks boost to its digital banking ambitions.
Topicus puts Magic Software $2.3m touch on tech development
The five-year agreement is a plan to boost Topicus’ operations.
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New Zealand Firefighters Credit Union moves to Oracle Flexcube
Flexcube fighting fit with another win in the country.
Myanmar’s Shwe Bank ups mobile offer with JMR Infotech
The firm will help the bank get the most out of its Oracle Flexcube system.
Hungary’s MKB bank takes digital leap with Oracle FSS’ Flexcube
Includes a full replacement of its core banking system.
VyStar Credit Union upgrades FIS Miser core system
Florida-based credit union has been FIS client for more than ten years.
Top fintech stories this week – 13 July 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Citizens Alliance Bank allies with Computer Services for core and digital revamp
Core system NuPoint will integrate with digital features.
Maalem Financing moves to Path Solutions’ iMAL Islamic core banking platform
Saudi Arabian firm will replace legacy systems.
International Cybersecurity Congress 2018: calling time on secretive banks
Within and outside Russia’s borders.
IBIS3G core banking system lives on
Berner Kantonalbank will develop it to IBIS4D.
UK regulators want banks to offer resilience brilliance
BoE, PRA and FCA call for feedback from firms and financial market infrastructures.
Temenos teams with open banking platform Luxhub
Luxhub is formed by four Luxembourg-based retail banks.
Banque Libano-Française in Iraq upgrades Temenos’ T24 core banking system
The bank will upgrade the rest of its divisions subsequently.
Dutch savings bank LeasePlan makes the jump to Ohpen’s cloud tech
We talk with Pieter Aartsen and Angelique Schouten, global board members at Ohpen.
Nordea acquires Gjensidige Bank in Norway for €578m
Gjensidige offers digital banking, mortgages, and unsecured loans.
Inspire FCU to deploy Nymbus core banking solutions
Nymbus will replace 15 technology vendors in the process.
Georgia’s TBC Bank launches digital neobank Space
SaaS engine Mambu powers new autonomous business.
Infosys Finacle powers Santander UK’s corporate core banking revamp
Finastra’s Equation core banking system on the way out.
Five Degrees and BillPro launch European banking service
Five Degrees’ core banking solution Matrix is at the centre.
Fiserv signs up two new credit unions to core account processing platform Portico
The duo is Sioux Valley Community and Coulee Dam Federal.
Finastra acquires banking app provider Malauzai
Deal strengthens its involvement in US retail and business banking sectors.
CYBG confirms £1.7bn Virgin Money takeover
There could also be around 1,500 job losses.
Smith & Williamson in tech overhaul with Avaloq
UK’s eighth largest accountancy firm concludes system selection for core processing tech.
Oracle Flexcube core banking system live at Invest Banca
Flexcube has been tailored for the Italian market by local integrator Cabel.
Avaloq Community Conference 2018: fighting talk for Raiffeisen
Swiss firm speaks out over delayed project for Raiffeisen Group.
Micro-lending case study: Mynt
Philippines’ largest telco moves into micro-lending space.
Top fintech stories this week – 8 June 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Banking Technology June 2018 issue out now
A sublime eternal tune to the rhythms of fintech.
IBM to revamp Avaloq’s IT model in cloud capabilities transformation
IBM and Avaloq tackle cloud infrastructure in the Swiss market.
Top fintech stories this week – 1 June 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Temenos Community Forum 2018: digital to the core
A round-up of TCF 2018 – all the best bits (and pictures).
Temenos on M&A trail to grow US business
Anti-money laundering (AML), fraud and wealth management are the focus areas.
Deutsche Bank Luxembourg turns to Avaloq for core banking tech revamp
Avaloq Banking Suite creates a single cash ledger for Deutsche Bank in Luxembourg.
Merchant Bank of Sri Lanka live with Fiserv’s core banking tech
Implements Signature system and front-end Teller solution.
