Core banking systems

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/retail

Canadian credit union Vancity signs seven-year deal with Intellect design Arena

Intellect Design Arena Ltd, a cloud-native, future-ready, multi-product Financial Technology company for the world’s leading banks, credit unions and insurance companies, announces a pioneering partnership with Vancity, Canada’s largest community credit union.

/retail

Bank Midwest launches digital offshoot using technology from Finastra

Finastra today announced that Bank Midwest, an employee-owned bank with locations throughout Iowa, Minnesota and South Dakota, has launched OnePlace.bank, a digital bank powered by Finastra, focused exclusively on the financial needs of the healthcare community.

/people

Backbase appoints Chris Shayan as head of artifical intelligence

Backbase, the creator of the Engagement Banking Platform announces the appointment of Chris Shayan as the new Head of Artificial Intelligence.

Instant Payments and the Opportunity for New Technology Strategies

/payments

Instant Payments and the Opportunity for New Technology Strategies

Daragh Kirby, Head of Sales & Marketing, Intercope, speaks at EBAday 2024, about how instant payments allows banks to no longer use cumbersome core banking systems to process transactions – whether it be SEPA, cross-border or RTGS payments. We explore how financial institutions are now looking to more suited technologies so instant payments can be made in a leaner way and with lower latency, to support meeting regulation timelines and reap the rewards that are available with faster transactions.

/retail

Spanish microlender Dineo Crédito migrate to Mambu core platform

Dineo Crédito, Spanish microlender part of the international retail leader Cash Converters group, has entered a partnership with Mambu, the leading cloud banking platform.

EBAday 2024: Instant payments and generative AI will be the most impactful for the industry

/payments

EBAday 2024: Instant payments and generative AI will be the most impactful for the industry

Digitisation and the advantages that are available through modern technology were core topics for the afternoon sessions at EBAday in Lisbon, Portugal.

SEPA Instant Mandate: Racing to European Banking transformation

/payments

SEPA Instant Mandate: Racing to European Banking transformation

Ainsley Ward, Vice President at CGI, and Global Business Development lead for CGI’s Payments Solutions, sheds light on European Parliament's SEPA Instant Mandate and the 9th of January 2025 deadline for Eurozone banks. With the Federal Reserve's FedNow initiative connecting 400 banks in a year underscoring varying market readiness, challenges still persist. We discuss alternatives found in new technologies and scepticism over universal compliance in anticipation of EBAday, where stakeholders can converge to navigate regulatory complexities and seek solutions in this digital era.

/wholesale

Nexi and Engineering Group collaborate to develop corporate digital banking package

Nexi, the leading European PayTech, and Engineering Group, international leader in the digitalization of processes for businesses and Public Administration, will develop a business partnership in digital banking and give life to NOVA, a technology platform designed for different business segments from SMEs to Large Corporate, characterized by a configurable service portfolio and a modular, natively open and cloud-oriented architecture.

Thought Machine becomes Mastercard core banking partner

/cloud

Thought Machine becomes Mastercard core banking partner

Thought Machine has become Mastercard's first strategic end-to-end core banking partner, with the pair offering their combined capabilities to financial institutions looking to modernise their technology stacks.

Santander to take in-house-built tech platform global

/cloud

Santander to take in-house-built tech platform global

As it rolls out a cloud-based in-house-built technology platform in the US, Spanish banking giant Santander is already planning to introduce the system around the world.

/wholesale

Dutch SME lender BridgeFund migrates to mambu core system

BridgeFund, a challenger SME lender based in Amsterdam, chooses Mambu to fulfil its mission of bridging the financial needs of entrepreneurs.

/retail

Eurobank Cyprus goes live on Temenos

Temenos (SIX: TEMN) today announces that Eurobank Cyprus, the country’s third largest bank with deposits exceeding €7bn, has gone live on Temenos, completing a full IT refresh of its core and digital banking systems.

/people

Alkami names Gagan Kanjlia chief product officer

Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S., has announced the appointment of Gagan Kanjlia to the role of chief product officer (CPO).

/retail

10x Banking forms alliance with Deloitte in Australia

10x Banking, the transformational cloud-native SaaS core banking platform has announced a new alliance with Deloitte Australia to further strengthen cooperation in delivering technology-enabled transformation to mutuals.

/payments

Temenos signs Maltese e-wallet provider FIL

Temenos (SIX: TEMN) today announced that Finance Incorporated Limited (FIL), the Maltese Electronic Money Institution (EMI) behind the popular Paymix Pro business account, iPaymix eWallet app, and Paymix SoftPOS, has selected Temenos to modernize its digital and core banking capabilities.

/payments

Temenos adds Mastercard Move to payments porfolio

Temenos (SIX: TEMN) today announced a collaboration with Mastercard, a leading global technology company in the payments industry, to accelerate the implementation and delivery of Mastercard Move, Mastercard’s portfolio of money transfer capabilities, to banks and their customers.

/startups

ORO Bank launches, powered by Finastra

Finastra announced today that its technology is powering ORO Bank. The new cloud-first institution serves individuals and businesses in Bhutan, and around the world, with a specific focus on providing safe, innovative and sustainable banking.

/people

Zafin appoints Michael Nitsopoulos chief product officer

Zafin, the leading provider of SaaS core modernization and transformation solutions for banks, today announced the appointment of Michael Nitsopoulos as Chief Product Officer.

/retail

ModernFi integrates with Q2 banking platform

ModernFi, the first fully integrated and API-driven deposit network, today announced its integration with Q2’s Digital Banking Platform, via the Q2 Partner Accelerator Program.

/people

XYB names Derek Joyce as CEO

XYB, a leading global coreless banking Platform as a Service (PaaS) pioneer, has appointed fintech veteran Derek Joyce as the newly standalone company’s CEO.

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