Core banking systems

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Backbase integrates with Feedzai's Digital trust package

Backbase, the global leader in Engagement Banking, announces a strategic partnership with Feedzai, the world’s leading provider of financial intelligence solutions, aiming to empower banks to tackle the growing challenge of digital fraud while maintaining seamless customer experiences.

/cloud

FirstRand Group signs for Finxact from Fiserv

Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, today announced that the FirstRand Group, one of the largest banks in Africa with total assets of $130 billion, will become the first financial institution outside of the U.S. to commission Finxact from Fiserv – the cloud-native, real-time banking solution that offers enhanced access to data – to power its digital transformation and support the broader innovation initiative and growth objectives of its customer franchises FNB (retail and commercial banking) and RMB (corporate and investment banking).

Mambu: Predictions report provides expert insights for success in 2025

/predictions

Mambu: Predictions report provides expert insights for success in 2025

With a new year comes new insights and in this FinextraTV interview, Anthony Nonnis, Global Head of Partnerships at Mambu, shares some of the key trends in financial services from Mambu’s 2025 Partner Predictions Report. Diving into some familiar topics such as Embedded Finance, AI and regulatory changes, Nonnis explains how financial institutions can build a modular, scalable approach to prepare for these changes.

/ai

Lombard Odier embeds AI into core banking stack with MongoDB

MongoDB, Inc. (NASDAQ: MDB) today announced that Lombard Odier, a global Swiss private bank founded in 1796, has partnered with MongoDB to further modernise its leading banking technology systems.

/retail

Aldermore Bank selects Temenos to build new savings accounts

Temenos (SIX: TEMN) today announced that UK-based Aldermore Bank (Aldermore) has selected Temenos SaaS to modernize its existing savings operations starting with quickly launching new savings notice accounts for small businesses.

/people

NCino appoints Sean Desmond president and CEO

nCino, Inc. (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions, today announced the appointment of Sean Desmond as President and Chief Executive Officer and as a member of the company’s Board of Directors, effective immediately.

PayPal Ventures co-leads $21 million investment in programmable ledger builder Formance

/retail

PayPal Ventures co-leads $21 million investment in programmable ledger builder Formance

Formance, developer of an open source programmable ledger for financial flows, has closed on a $21 million Series A funding round co-led by PayPal Ventures and Portage Ventures, with participation from Y Combinator, Hoxton Ventures, and Axeleo Capital.

/cloud

Egypt's Bank NXT works with Red Hat to modernise tech stack

Bank NXT, a leading provider of integrated retail and corporate banking solutions in Egypt, announced today a collaboration with Red Hat, the world’s leading provider of open-source solutions, to modernize its digital banking infrastructure.

/people

Temenos appoints Sairam Rangachari as chief product officer

Temenos (SIX: TEMN) today announced the appointment of Sairam Rangachari as Chief Product Officer, effective immediately.

/retail

Intellect Design Arena joins forces with Coforge for low-code integration

Intellect Design Arena Ltd (NSE: INTELLECT), a global leader in enterprise-grade financial technology has entered into a strategic partnership with Coforge (NSE: COFORGE), a leading global digital services and solutions provider.

/wholesale

Baader Bank selects Objecway for 'Road to Future' core banking programme

Baader Bank, a leading European provider of securities and banking services, has committed to Objectway for its strategic “Road to Future” program to implement a future-proof, highly scalable, and operationally frictionless core banking environment over the next three years.

/cloud

Audax and AWS appointed to drive Maybank Islamic's digital transformation

audax CEO Kelvin Tan, Maybank Islamic CEO Dato' Muzaffar Hisham, and AWS Country General Manager audax Financial Technology (“audax”), a comprehensive digital banking technology solutions provider backed by Standard Chartered, has been appointed by Maybank Islamic Bhd, the Islamic banking arm of the Maybank Group and the leading provider of Islamic financial products and services in ASEAN, as its strategic partner to spearhead the digital transformation of its banking services.

/retail

Thought Machine to implement Omnea procurement platform

Omnea, the procurement orchestration platform, today announces a new partnership with Thought Machine, the cloud-native banking technology company.

/retail

De Volksbank renews Ohpen core banking contract

Ohpen, the SaaS core banking platform for financial institutions and specialist in executing investments operations (BPO) that wants to serve customers better, today announces that it has signed a multi-year BPO partnership renewal with Dutch retail bank, de Volksbank.

DORA takes effect today

/regulation

DORA takes effect today

Today marks the deadline for compliance with the Digital Operational Resilience Act (DORA) in the EU.

Temenos tormentor Hindenburg Research shuts up shop

/wholesale

Temenos tormentor Hindenburg Research shuts up shop

Hindenburg Research, the US-based short seller that had targeted several business entities including Temenos and Block, is going to be disbanded.

/ai

10x Banking teams with DLT Apps to manage complex data migrations with AI

10x Banking, the cloud-native core banking platform, and DLT Apps, a leader in innovative solutions for data migration, have partnered to leverage AI to set a new standard in the banking industry's digital transformation efforts.

How CES Informs U.S. Bank's Continuous Innovation

/predictions

How CES Informs U.S. Bank's Continuous Innovation

Attending CES in Las Vegas, Don Relyea, Chief Innovation Officer, U.S. Bank, spoke to FinextraTV about why an electronics show like CES is so instrumental to banking. As well as noting the increase in financial firms attending, Relyea describes how technological innovation will intersect with the future of banking and financial services in 2025.

/retail

Romania’s CEC Bank selects Temenos

Temenos (SIX: TEMN) today announced that CEC Bank, the third largest bank in Romania, has selected Temenos to modernize its retail and corporate core banking systems.

/retail

Sage Capital Bank selects Apiture to support mobile and digital banking

Apiture, a leading provider of digital banking solutions, today announced that Sage Capital Bank, an independent community financial institution serving customers in central Texas, has selected the Apiture Digital Banking Platform to power its online and mobile banking.

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