CTBC Bank goes live with Avaloq core in Hong Kong and Singapore after three-year implementation
The bank first selected Avaloq to power its private banking businesses in Singapore and Hong Kong in 2021.
The latest fintech news, resources and expert analysis in Switzerland by the leading intelligence provider for the worldwide fintech community.
The bank first selected Avaloq to power its private banking businesses in Singapore and Hong Kong in 2021.
Haventree serves the Canadian alternative mortgage sector through the broker network.
HSBC says it plans to appeal FINMA’s ruling.
The Swiss regulator has found the challenger bank to be in a “serious breach of supervisory law”.
The initiative is scheduled to commence towards the end of 2024.
The pair have named the initiative Project Viridis.
The bank says it replaced 85% of its systems with Temenos products.
FIL aims to achieve fivefold growth over the next five years through its collaboration with Temenos.
The bank claims to have migrated “over 200,000” customer accounts to the new cloud-based platform.
Stanbic Bank Kenya first went live with Temenos’ core banking tech in 2010.
Fideuram first made a $20 million investment in Alpian back in 2022.
The bank has also tapped Temenos’ US Model Bank to “meet the unique business needs of the US market”.
PVcomBank has been running on Temenos Core for retail and corporate banking for over 10 years.
Applications are to remain open until 31 May, with the final list of participants to be announced on 9 August.
BIL has actioned a major technology overhaul of its retail, corporate and private banking operations.
PC Financial will adopt Temenos’ retail core banking solution as SaaS on Microsoft Azure.
The implementation of the platform was carried out by Avaloq’s partner Synpulse.
The bank says it’s currently engaged in a “digital modernisation journey” for its SME clients and retail customers.
Temenos says its tech will enable the firm to manage “a significant increase in transaction volumes”.
Temenos’ board chair says the review “reinforces the board’s view that Temenos is running a sound business”.
Beck will provide support to Greweldinger in a senior advisory capacity during the transition.
The JV will absorb Credit Suisse’s Japanese advisor base and wealth management assets.
Project Agorá will see seven central banks work in partnership with several private sector participants.
The arrangement will see the bank leverage the Zurich-based start-up’s SaaS solution Amiko.
The OHB offers government-subsidised housing loans to low and middle income groups.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The acquisition will enable Levenue to boost the footprint of its revenue-based financing marketplace.
The Temenos Wealth solution will be implemented by the vendor’s regional partner CBTW.
Šiaulių Bankas aims to leverage Temenos’ tech to double its number of clients to one million by 2029.
Vencora now owns 99.07% of Crealogix’s issued share capital and voting rights.
The bank will leverage the Avaloq Core platform and its Relationship Manager Workplace solution.
The bank has opted to leverage Temenos Transact and Temenos Infinity for its digital upgrade.
Commerce claims Temenos will enable a “five minutes or less” end-to-end loan origination process.
The Swiss vendor was hit with a string of allegations in a Hindenburg Research report last week.
The Swiss bank is to replace its legacy system for position and risk management with FM Converge.
The Bahamas-based firm will adopt ERI’s Olympic Banking System as its new core banking platform.
The implementation builds on an agreement previously announced by the pair last year.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Ardshinbank will also integrate the vendor’s tech to strengthen its retail mobile app.
Sygnum says it will use the capital to expand into new markets and further develop its product suite.