Money20/20 Europe: creating safe spaces – platforms and collaboration
The platformication of everything continues and large tech companies must be part of that process.
The platformication of everything continues and large tech companies must be part of that process.
And so say all of US. (Well, four firms do.)
On the way out is CSI’s Banktrade trade finance system.
Mechanics Cooperative Bank will implement Finastra’s Fusion Phoenix core banking system.
Peoples Trust Company deploys Finastra’s Fusion LaserPro, Fusion DecisionPro and Fusion CreditQuest tech.
Finastra’s Fusion Corporate Channels and Trade Innovation will cover front-to-back office trade finance ops.
Gets its hands on an eFX trading solution which covers post-trade and payments.
Featuring Finastra, Cyberport, ME Bank, FIS, FinReach, Deutsche Postbank and Saxo Bank.
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Finastra has revealed its focus on the open innovation of smart technologies in banking, alongside artificial intelligence (AI), machine learning/deep learning.
EXCLUSIVE: A top tier US-based bank is modernising its global cash management ops with technology from Temenos and Finastra (formerly D+H Corporation).
Libya-based Bank of Commerce and Development (BCD) has signed for Finastra’s front-end software to launch a new online and mobile banking platform.
Kamco, an investment company in Kuwait with $10.4 billion in assets under management (AUM), has selected Finastra’s Fusion Invest platform.
Burnley Savings and Loans, a lending company based in Burnley, UK, is awaiting a banking licence from the UK regulator for its Bank on Dave challenger bank.
Myanmar-based Yoma Bank has implemented a new treasury and capital management (TCM) system, Fusioncapital Opics, supplied by Finastra (formerly Misys).
Swift’s global payments innovation (gpi) has taken giant steps towards solving many of the challenges corporates have faced with cross-border payments.
The global correspondent banking network is under pressure in several countries as some financial institutions close relationships. While financial inclusion continues to climb the agenda of regulatory authorities and financial institutions pledge their support, the de-risking taking place in correspondent banking threatens to scupper inclusion.
It turns out, banks can gain a lot from business tools. That’s probably why business solutions company Vasco and financial services software company Finastra teamed up.
Finastra, R3 and seven banks – including BNP Paribas, BNY Mellon, HSBC, ING and State Street – are working together to create a blockchain-fuelled online marketplace for the syndicated loan market. Underpinned by Corda, R3’s distributed ledger technology (DLT) based platform, Fusion LenderComm exposes real-time credit agreement, accrual balances, position information and transaction data to […]
Three credit unions in the US have signed for the lending software from Finastra (formerly D+H Corporation and Misys). These are Central Florida Educators Federal Credit Union, TruMark Financial Credit Union and Evansville Teachers Federal Credit Union.
Sri Lanka’s Seylan Bank is modernising its trade finance technology with Finastra’s Fusionbanking Trade Innovation system. On the way out is the legacy China Systems’ Eximbills system, Banking Technology understands.
Ping An Securities has implemented a new front-to-back office securities brokerage platform, FusionCapital Summit, supplied by Finastra (formerly Misys).
Ukraine-based Sky Bank (formerly Region-Bank) is replacing its legacy systems with Finastra’s Fusiobanking Essence platform.
EXCLUSIVE: Santander’s corporate banking business in the UK is embarking on a core banking software overhaul, Banking Technology understands.
EXCLUSIVE: Finastra, which emerged earlier this year from the combination of two banking tech vendors, D+H Corporation and Misys, has made a number of job cuts across its operations.
National Bank of Kenya says it has upgraded to “the fifth and latest version” of its core banking platform, Fusionbanking Essense, supplied by Finastra (formerly Misys).
International Turnkey Systems (ITS) has upgraded its core banking system, Ethix, at Commercial Bank of Dubai (CBD).
USAmeriBank has implemented Finastra’s hosted payments hub for US domestic and international wire transfers. As reported in April, USAmeriBank announced its payments hub plans – with the software supplier revealed as DH Corporation (D+H). In June, Misys and D+H joined forces to create Finastra, the third largest financial services technology company in the world. Finastra […]
Bank of Cyprus has selected IBM as its “strategic partner” for its digital transformation plan.
Jenius digital bank, part of Indonesia’s Bank Tabungan Pensiunan Nasional (BTPN), has chosen Finastra’s (formerly Misys) FusionBanking Essence Digital platform. Peterjan van Nieuwenhuizen, head of digital banking at BTPN, says it has “built a system that enables our customers to complete basic banking processes without going to the branch”; and with an “expanding middle class […]
Oman Arab Bank (OAB), a long-standing customer of Finastra (formerly Misys), is implementing the Fusionbanking Essence core banking system. It will replace Misys’ Equation platform, in operation at the bank for over three decades.
Alfa-Bank, a top ten bank in Russia by assets and profit, has purchased the source code of its core banking system, Misys Equation. The solution is provided by Finastra (formerly Misys).
Banco de Mexico, the country’s central bank, is replacing its legacy risk management software with Finastra’s Fusionrisk.
Rabobank is modernising and centralising its cross-border payments operations. The software supplier for the new payments hub is Finastra (formerly Misys and D+H).
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Fintech titan Finastra is turning to IBM to power its banking operations with cloud and cognitive technologies. As reported yesterday (14 June), Misys and DH Corporation (D+H) joined forces to create Finastra, the third largest financial services technology company in the world. With Finastra now officially alive and kicking, it’s wasted no time in showing […]
Misys and DH Corporation (D+H) have joined forces to create Finastra, the third largest financial services technology company in the world. As reported in March, D+H was acquired by Vista Equity Partners for $3.6 billion. The venture capital firm, which owns UK-based banking software vendor Misys, beat rival Advent International to acquire D+H. Finastra will […]