Core Banking System


Who is the greatest fintech leader of 2017?

This year’s Banking Technology Awards are taking place on 13 December in London and once again we will be recognising individuals for leading and playing an instrumental role in devising and/or delivering the technology strategy to support the key business objectives of an organisation. The Tech Leadership Award category is open to all industry participants worldwide – those […]

Sterling Bank and Trust signs for iFinancial BankWare core system

Sterling Bank and Trust, a new bank in the Bahamas, has selected the BankWare core system from UK-based International Financial Systems’ (iFinancial). The bank will be using the multi-currency accounting, exposure management, current accounts, deposits, loans, payments, and Swift modules from the BankWare portfolio of retail and wholesale banking solutions. The bank is part of […]

Fintech funding round-up: 10 May 2017

Whether it’s blockchain, lending or core banking – everyone likes a bit of cash. Our latest funding round-up – featuring Coinsilium Group, Coindash, Kreditech, PayU and Finxact. Blockchain accelerator Coinsilium Group has completed its investment of $75,000 in Coindash, which is developing a social trading platform for cryptocurrency investors. Coinsilium will also receive an entitlement […]

Banking Technology May 2017 issue out now

The latest edition of our flagship magazine – Banking Technology – is out now, packed with news, analysis and insights, case studies, research and expert commentary.

Gently does it for FIS revenue rise

It’s a tale of small numbers with FIS’s latest financial results revealing a moderate rise for earnings and revenue. In its first quarter, FIS’s GAAP revenue increased 3.4% to $2.2 billion from $2.1 billion in the prior year quarter. Operating income increased to $260 million for the quarter, from $184 million in the prior year […]

Payments start-ups PayKey and Blue Code win Temenos innovation final

Israeli payments start-up PayKey was voted as Temenos’ Innovation Jam winner by the attendees of the 2017 Temenos Community Forum in Lisbon. Another payments start-up, Austria-based Blue Code, was crowned the winner of the Judges Awards (the judges panel consisted of three Temenos’ senior execs, two representatives from banks and a consultancy). The prize is […]

Top fintech stories this week – 28 April 2017

Catch up on Banking Technology’s top five fintech stories of the week – all in one place! Amlak in core banking software overhaul with Temenos and NDC EXCLUSIVE. T24 will replace Silverlake Axis’ SIBS. Temenos MarketPlace gets boost with new services and leadership Targets open banking and PSD2 services. Trio tussle to win Payments Canada’s […]

Temenos MarketPlace gets boost with new services and leadership

Temenos has launched open banking and Payment Services Directive (PSD2) targeted services on its MarketPlace. The aim, says the vendor, is “to facilitate the exchange of value between banks and fintech companies”. MarketPlace is “customer driven”, says Ben Robinson, group chief strategy director of Temenos – i.e. the vendor proactively seeks out solutions that customers […]

Prival Bank goes to the cloud with Temenos T24 core banking system

Panama-based Prival Bank is implementing a new core banking system, Temenos’ T24. It will be delivered on the Microsoft Azure cloud. Temenos says Prival Bank is its “first regulated wealth client in the cloud”. Go-live is scheduled for 2018. The contract was signed in late 2015, it is understood. T24 will support lending and deposits […]

Avaloq under attack as Temenos starts year strongly

Banking software vendor Temenos has reported a strong start to 2017 with total software licensing revenues up 19% – and it takes a swipe at rival Avaloq in the process. In its Q1 2017 financial results, its non-IFRS total revenues were $142.7 million compared to $129.4 million for the same period last year. Non-IFRS EBIT […]

Banking Technology April 2017 issue out now

The latest edition of our flagship magazine – Banking Technology – is out now, packed with news, analysis and insights, case studies, research and expert commentary.

Tug of love turns to group hug for banks and fintechs

With the EU’s Second Payment Services Directive (PSD2) and open architecture framework set to come into force next year, regulation may well tip the scales between banks and fintechs for customer loyalty, according to a new report conducted for Temenos by the Economist Intelligence Unit. In the 36-page study, “Symbiosis: Your bank has your trust. […]

White paper: break filter bubbles in banking enterprise fraud management

Synthesise holistic wisdom from core systems and not just from channel silos. From depth of analysis, ease of configuration/implementation and cross-channel fraud detection to insider fraud detection and real-time high availability, a synchronised enterprise fraud risk management approach delivers five compelling advantages over a delivery channel silos only approach.

Fintech funding round-up: 23 February 2017

Let’s put the fun in funding by keeping it mercifully brief. A round-up of key events. Featuring Tala, Nymbus and Monzo. US micro-loan start-up Tala (formerly InVenture), led by founder and CEO Shivani Siroya, has raised $30 million in Series B funding. The money will support its expansion plans in South Asia and Latin America. […]

Europe and Asia fuel Temenos earnings rise

Banking software vendor Temenos has reported total software licensing growth of 21% and earnings growth of 20% in its full year 2016 results. The vendor is in a vivacious mood, saying it saw growth across all geographies, with Europe and Asia “particularly strong”. Non-IFRS total software licensing revenues in FY 16 were $256.2 million. Total […]

Top fintech stories this week – 10 February 2017

Catch up on Banking Technology’s top five fintech stories of the week – all in one place! Temenos cuts jobs in US; eyes D+H payments business EXCLUSIVE. US layoffs cited as around 60 by some sources. Ziraat Bank London to replace legacy core banking tech EXCLUSIVE. Misys Fusionbanking moves in. Banks and UN launch sustainable […]

Automic Software now on Temenos Marketplace

Business automation software vendor Automic Software has inked a deal with Temenos to make its Automic Workload Automation available on the Temenos MarketPlace store.

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