Sudan’s Africa and Gulf Bank selects Temenos to power digital transformation
The bank previously signed up for Path Solutions’ iMAL Islamic core banking system back in 2020.
Cloud
US fintech start-up Aleph emerges from stealth with $16.7m funding
The round was led by Bain Capital Ventures, with participation from existing backers, angel investors and customers.
Coop taps Additiv to launch new financial services app Coop Finance+
Coop says its “super-app” will provide banking services, payments and pension solutions to its customers.
ICYMI fintech funding round-up: Statement, iink, Finzly and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FinTech Futures: Top five stories of the week – 20 October 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
National Bank of Greece deploys Infosys Finacle core banking system
The deployment forms part of the bank’s core banking replacement project ‘Cosmos’.
Australia’s Bendigo and Adelaide Bank migrates digital banking system to Google Cloud
The bank intends to migrate at least half of its business operations to the cloud by 2024.
Finland’s Aktia Bank goes live with Temenos Payments Hub
The bank first began working with Temenos six years ago, when it adopted its T24 core banking system.
Japan’s 77 Bank taps Fujitsu to launch in-store banking tablets
The in-store tablets are backed by Fujitsu’s customer engagement solution Chordship.
Scottish challenger Alba Bank to migrate to Mambu’s core banking platform
Alba Bank says the migration will enable it to build products at speed to meet evolving market demands.
US-based Honor Bank goes live on nCino’s commercial banking platform
nCino says that Honor Bank was able to implement its solution and go live in “just six months”.
SaaS fintech Earnix appoints Be’eri Mart as chief product officer
Mart initially joined the fintech in August 2020, just before it landed its unicorn status.
ICYMI fintech funding round-up: Mantle, SaaScada, Rainforest and more
Our weekly fintech round-up for you to get the latest funding news from around the world.
Visa taps US security operations provider Expel for MDR capabilities
Expel’s managed detection and response (MDR) solution claims to reduce alert-to-response times “to minutes”.
Codebase partners Network International to launch BaaS solution in the Levant
The partnership intends to accelerate the pace of digital banking transformation throughout the Levant region.
DigitalAPICraft signs as Google Cloud vendor and appoints Marco Tedone as CTO
Marco Tedone, the firm’s new CTO, spent almost 12 years leading API strategy for HSBC.
UK fintech Traydstream lands $21m in Series B funding round
With the new funding, Traydstream plans to double down on its growth and enhance its AI-led platform.
GoTyme Bank taps Nice Actimize to fight financial crime
The bank aims to leverage Nice Actimize’s AI and analytics solutions in order to prevent financial crime and fraud.
Akber Jaffer named as SmartStream’s new CEO
Bringing more than 25 years of experience to his new role, Jaffer joins SmartStream from Finastra.
Demystify Podcast: Demystifying core banking with Prema Varadhan, Temenos
Demystifying the intricate world of core banking and offering a comprehensive perspective on its evolution.
Sibos 2023: Canada’s Scotiabank taps CGI to advance payments solutions
CGI says its All Payments solution is “a tech stack based on the ISO 20022 standard” used by financial services firms globally.
Erez Barak joins Israeli SaaS fintech Earnix as chief technology officer
Barak has 22 years of experience in cloud infrastructure, big data and AI.
David Weber named as new COO of Volante Technologies
Weber brings over 25 years of experience in B2B enterprise software and SaaS to the role.
NatWest taps Icon Solutions for payment modernisation
The bank is seeking to align with the UK’s incoming New Payments Architecture and new ISO 20022 standards.
Case study: Keytrade Bank’s transformation journey
Belgium’s pioneering digital native bank, Keytrade Bank, partners with Infosys Finacle for strategic evolution.
India’s PhonePe taps Cloudera to streamline data management
PhonePe says the collaboration marks a “significant milestone” in its data journey.
Core banking tech provider Mambu names Fernando Zandona as permanent CEO
Zandona has served as Mambu’s interim CEO since June after Eugene Danilkis stepped down from the role.
White paper: Navigating extreme uncertainty to drive growth – top financial services trends in 2023
This free white paper explores how to leverage technology to drive innovation, cost savings and greater efficiencies.
Forrester consulting study: The total economic impact of Chronosphere for observability
Chronosphere can help generate a 165% ROI with a $7.95 million in benefits present value (PV) after three years.
Case study: Cloud observability at a top fintech company
See how a notable US fintech company achieved results when switching from Grafana to Chronosphere.
Quick sheet: Five ways cloud native is a game changer for financial services
Modern observability meets the requirements that financial services organisations face in this new era of cloud native.
eBook: Getting started with cloud native for financial services
A primer for enterprises looking to modernise and compete effectively in a new world of born-in-the-cloud companies.
Quick sheet: Four ways your unreliable observability is costing you
Learn how to control costs while minimising downtime with this quick sheet.
Comparing cloud native observability: A financial services buyer’s guide
Optimising cloud native initiatives is vital – and cloud native observability offers that support.
eBook: Geocoding for business
How to select a geo addressing solution that supports a winning location intelligence business strategy.
eBook: Location intelligence for the cloud
Discover how to accelerate geospatial insights within cloud-native and big data environments.
Okan Ozaltin appointed as chief product officer of 10x Banking
Ozaltin brings more than 20 years of fintech experience to 10x, having worked at Signifyd, Fiserv and JP Morgan Chase.
The Savings Bank Group of Finland taps Tietoevry to replace lending platform
The Savings Bank Group says the new lending platform will enhance its digital offerings and operational efficiency.
Roland Folz to lead CloudPay as newly appointed CEO
Folz joins CloudPay from the German credit institution Solaris SE, where he served as CEO from 2017 to 2023.
Starling Bank plans to take its BaaS platform Engine to APAC
CNBC reports that the challenger is in talks to deploy Engine with an undisclosed Asian bank.
