Core banking systems

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Sopra Banking Software rebrands as SBS

Sopra Banking Software (henceforth referred to as 'SBS'), the global financial technology company trusted by more than 1,500 financial institutions for their digital transformation needs, today announced that it will immediately begin using the brand name SBS as part of a global rebranding initiative.

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XYB partners IBM to modernise core banking

XYB, the leading Coreless Banking Platform business, has announced its plans to help banks modernise their core systems. XYB is working with global tech leader IBM to provide technologies and consulting expertise that can help financial services organisations address the growing requirements for core modernisation initiatives.

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Temenos appoints chief tech officer

Temenos today announced the appointment of Barb Morgan, as Chief Product and Technology Officer.

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Dutch digital banking startup Plumery raises $3.3m

Plumery, a digital banking experience platform for true customer-centric banking, today announced it has secured $3.3M in additional funding from early-stage investor DN Capital and Fontes managed by leading global VC firm QED Investors.

/cloud

Sonali Bangladesh UK chooses Finastra for digital banking services

Finastra is pleased to announce that Sonali Bangladesh UK (SBUK), a UK-based financial institution providing trade finance services to Bangladesh, has chosen its solution to transform the institution’s banking operations.

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Advapay and Complytek strike alliance on compliance

Complytek, a leader in AML compliance solutions, and Advapay, a specialist in core banking systems, have partnered to offer fintech companies a complete end-to-end solution—ensuring that businesses can grow their business while remaining fully compliant with local and global regulations.

/ai

Businessnext and MongoDB partner to push autonomous ops in financial services

Businessnext, a global leader in composable enterprise solutions for financial services, has partnered with MongoDB to accelerate autonomous operations powered with specialized predictive and generative AI for banking and insurance.

/cloud

Interbridge Mortgages selects Mambu

Mambu, a leading cloud banking platform, and newly launched mortgage lender, Interbridge Mortgages, have announced a strategic partnership helping Interbridge Mortgages launch a second charge product in just nine months and facilitating their entry to the UK mortgage market.

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Telenor Microfinance Bank upgrades tech stack with Ericsson

Ericsson (NASDAQ: ERIC), in partnership with Telenor Microfinance Bank (TMB), has successfully completed a major tech stack upgrade of the Ericsson Mobile Financial Services platform at TMB, upgrading it to the latest cloud-native version.

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Temenos signs multi bank development deal with Bahwan CyberTek

Temenos today announced that it has signed a Multi-Country Model Bank development agreement with Bahwan CyberTek (BCT), a global digital transformation company.

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MDT appoints Bill Illis VP, technical operations

Member Driven Technologies (MDT), a CUSO that hosts the Symitar core processing system from Jack Henry™ to provide a private cloud alternative for core processing and IT needs, today announced the appointment of Bill Illis as its new VP of technical operations.

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Synpulse and audax strike digital banking partnership

Audax Financial Technology (“audax”), a comprehensive digital banking technology solutions provider backed by Standard Chartered, and Synpulse, a global professional services provider to major banking and insurance institutions, announced a strategic partnership to create tailored, customer-centric solutions for incumbent banks and financial institutions to modernise their existing infrastructure at speed.

NextGen: AI – A sneak peek of speakers and attendees

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NextGen: AI – A sneak peek of speakers and attendees

Finextra launches its inaugural Next:Gen AI event on 26 November 2024. Join us in London to help redefine what’s possible.

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Tuum appoints former Vocalink chief David Yates chairman

Tuum, the leading next-generation core banking provider, today announces that it has appointed David Yates, former CEO and Chairman of UK payment infrastructure provider Vocalink, as its new Chairman.

What is core banking?

/Core banking systems

Hamish Monk Reporter at Finextra

What is core banking?

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Transaction Systems and Orion Innovation forge partnership

Transaction Systems and Orion Innovation (“Orion”), two prominent leaders in the IT sector, are pleased to announce a strategic partnership to deliver a comprehensive offering of professional services and multiple solutions including Temenos Core Banking Solutions to financial services organizations.

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Bank3 selects Tyfone's nFinia Digital Banking platform

Digital banking provider Tyfone today announced Bank3 selected its nFinia Digital Banking platform to provide commercial and retail account holders a more intuitive and engaging experience, while also streamlining and automating back-office processes.

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Finastra integrates with Prelim to streamline retail and commercial deposit account opening

Finastra, a global provider of financial services software applications, today announced an integration with Prelim, an industry-leading fintech, for its Finastra Phoenix core solution, enhancing the retail and commercial deposit account opening experience.

/cloud

AmeriCU Credit Union taps Jack Henry for expansion

Jack Henry (Nasdaq: JKHY) announced today that AmeriCU Credit Union is leveraging its technology infrastructure and expertise to expand geographically and meet more community needs.

/people

Tuum appoints Stephen Frame head, compliance and risk

Tuum, a next-generation core banking platform provider, is pleased to announce the appointment of Stephen Frame as its new Head of Compliance and Risk.

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