Cognizant buys post-trade processor Meritsoft
Acquisition of Irish firm expands its Software-as-a-Service platforms.
Outsourcing
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Cloud Elements on API high with $25m funding
Denver cloud boys – and girls – now have total capital of $46.2 million.
Silvergate Bank selects Finastra for payment processing
US bank wants to expand its infrastructure with an API-enabled platform.
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Entrust Datacard acquires Thales’ data security business
Will get the general purpose hardware security module, nCipher Security.
Intel outfit ThousandEyes looking at $50m funding
Series D round includes GV, formerly called Google Ventures.
Mambu secures €30m funding for SaaS-y surge
Latest round led by US-based Bessemer Venture Partners.
Scotland’s SME challenger bank AlbaCo readies for launch
Glasgow-based entity plans to be ready in early 2020.
I.T. (insurance technology) had to be you
The sector should fall in love with tech that will bring it closer to customers, creating collaboration and trust.
IBM strikes $700m deal with Santander for digital drive
Five-year tech agreement includes AI, blockchain and big data plans.
Socotra gets $5m support for core insurtech platform
With the support of US-based Nationwide and Mitsui Sumitomo.
All change as Temenos gets new CEO
David Arnott will leave to “spend more time with his new family and baby”.
Symantec acquires Luminate Security for cyber cloud defence
Getting prepared for infrastructure managed by Azure, AWS and Google.
Societe Generale selects HPS for payments power in Africa
Paytech will help bank with processing activities at ten African subsidiaries.
ACI buys paytech assets from RevChip and TranSend
Acquisitions to enhance its in-store payment solutions.
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Solera buys Nordic insurtech in4mo Oy
Texas-based firm plays it cool when it comes to what it paid.
Deutsche Bank gets collateral tech from CloudMargin
“The first time a tier one bank will use a public cloud-based for collateral management.”
New York’s a wonderful town for Fiserv DNA
Fiserv signs its largest core processing deal with New York Community Bancorp.
Centage leaves no cent behind in $8.5m investment round
TVC Capital leads funding round in US provider of cloud-based tools.
Guilford Savings Bank selects Jack Henry’s SilverLake core system
Connecticut-based bank plans to “double or triple in size” over the next ten years.
Software platform Kofax to acquire Top Image Systems
Final closing of the transaction is subject to a vote by TIS shareholders.
Bsurance receives $4m funding and eyes move west
Investment led by Uniqa Venture to expand in Europe.
CYBG banking shifts up a gear with Red Hat
UK bank unites digital operations on OpenShift container platform.
Ephesoft whips out its cloud hyperextender
When the going gets tough, the tough take to the cloud.
Credorax turns to Temenos’ T24 Transact for payments push
Running on the Azure cloud.
Infinito blockchain platform is one stop show
All-in-one and designed for businesses and developers.
Finxact secures $30m funding for core banking action
New investors include American Bankers Association and Accenture.
IBM bags $260m banking tech deal in Philippines
Bank of the Philippine Islands speeds up its digital revamp plans.
BNP Paribas and IBM show cloud commitment
They extend their partnership for eight years.
Natixis reaps the wild Wynd for payments
Along with their partnership, Natixis is taking a stake in the French company.
Cloud-loving Temenos launches front-end and core banking products
Introducing Infinity and T24 Transact.
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Accenture ups wealth game with Orbium acquisition
Orbium is Avaloq’s partner and system integrator.
IBM bags $540m outsourcing deal with Nordea
Nordic bank is warm to the idea of IBM Z being looked after.
Fiserv outrageously happy with outsourcing wins
Bank clients can’t get enough of it in the US.
LendingFront moves forward with $4m funding
Series A round led by Information Venture Partners.
Galeo Bank preps for UK launch
The London-based bank aims to offer Banking-as-a-Service.
PayPal picks Temenos T24 core banking system
T24 will support PayPal’s operations in the US, UK, Germany and Australia.
