Core banking systems

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Temenos buys Explainable AI firm Logical Glue

/ai

Temenos buys Explainable AI firm Logical Glue

Swiss banking software provider Temenos has acquired Logical Glue, a London-based Explainable AI (XAI) specialist with financial services customers in the UK and Europe. Financial terms were not disclosed.

Deutsche Bank to spend €13bn on tech amid massive job cuts

/Core banking systems

Deutsche Bank to spend €13bn on tech amid massive job cuts

Deutsche Bank has announced swingeing job cuts as part of a radical overhaul of its operations that will also see it spend €13bn on new technology over the next four years.

EBAday 2019: A 'Universal' approach to P27 and regional payment areas

/payments

EBAday 2019: A 'Universal' approach to P27 and regional payment areas

Closing EBAday 2019 with a lively debate on what is expected from fully integrated, open-access infrastructures for domestic and cross-border payments, banking executives and technology innovators discuss how regional initiatives fit into the pan-European context, while keeping P27 in mind.

EBAday 2019: Banks can learn from Sweden’s Greta Thunberg and Vision Zero

/Core banking systems

EBAday 2019: Banks can learn from Sweden’s Greta Thunberg and Vision Zero

At EBAday 2019, the Euro Banking Association’s chairman of the board Wolfgang Ehrmann posits that there is a lot to be learnt from Sweden’s Vision Zero initiative, but also Swedish climate change activist Greta Thunberg.

Money 20/20 Europe 2019 Q&A: CCAF’s Michel Rauchs

/Core banking systems

Money 20/20 Europe 2019 Q&A: CCAF’s Michel Rauchs

Following his panel on the ethics and governance of cryptocurrency, Finextra spoke to Michel Rauchs, cryptocurrency & blockchain lead at the Cambridge Centre for Alternative Finance (CCAF), about the use cases for DLT and the maturity of the cryptoasset market, addressing concerns around risk in addition to whether virtual currency could become a sustainable asset class.

Money 20/20 Europe 2019: How to build a bank

/retail

Money 20/20 Europe 2019: How to build a bank

Ronit Ghose, head of global banks research at Citi went hard before Money 20/20 Europe 2019 attendees headed home from Amsterdam and graced the stage to discuss long term strategy for building a bank from scratch.

Money 20/20 Europe 2019 Q&A: Deutsche Bank’s Joris Hensen

/devops

Money 20/20 Europe 2019 Q&A: Deutsche Bank’s Joris Hensen

After taking part in the F’in debate on transforming traditional banks to compete in the digital banking battlefield at Money 20/20 Europe 2019 in Amsterdam, Finextra spoke to Joris Hensen, co-lead API program at Deutsche Bank AG, about their developer portal, data aggregation and open banking.

Money 20/20 Europe 2019: Is Open Banking a complete fiasco?

/Core banking systems

Money 20/20 Europe 2019: Is Open Banking a complete fiasco?

On the Industry Transmutation stage at Money 20/20 Europe 2019 in Amsterdam, Dave Birch, global ambassador at Consult Hyperion opens an afternoon of sessions on Open Banking and the potential it has to reshape the way the financial services industry works.

Money 20/20 Europe 2019: The future of B2B banking

/Core banking systems

Money 20/20 Europe 2019: The future of B2B banking

What can we expect from the banking industry in 2019? The second day of sessions at Money 20/20 Europe 2019 answers this question, with Drew Graham, director, digital strategy at Barclays, kicking off proceedings with Claire Calmejane, group chief innovation officer at Société Générale, Dr. Leda Glyptis, 11:FS Foundry CEO and chief of staff at 11:FS and Anne Boden, CEO and founder of Starling Bank.

Qudos Bank readies for legal battle with Infosys

/Core banking systems

Qudos Bank readies for legal battle with Infosys

Australian Mutual Qudos Bank is preparing to engage in a full-blooded legal battle with Infosys, accusing the Indian software house of copyright infringement, breach of contract and misuse of confidential information.

TSB hires COO and customer banking director

/retail

TSB hires COO and customer banking director

In the wake of last year's IT fiasco, UK bank TSB continues its management overhaul, bringing in industry veterans Robin Bulloch as customer banking director and Suresh Viswanathan as chief operating officer.

Finastra opens up to bank and fintech developers with APIs, apps and integration

/devops

Finastra opens up to bank and fintech developers with APIs, apps and integration

Ahead of its FusionONE open banking developer conference this week, Finastra has revealed its new FusionFabric.cloud platform for mortgage and loan workflows, deepening its partnership with Microsoft. The vendor has also contracted with nbkc bank to build a conversational banking app on the platform, and released some 61 new APIs to the developer community.

Boursorama picks IBM for hybrid cloud strategy

/retail

Boursorama picks IBM for hybrid cloud strategy

Boursorama has inked a five-year deal with IBM that will see the French online bank accelerate its hybrid cloud strategy.

Ohpen brings new shareholder on board

/Core banking systems

Ohpen brings new shareholder on board

Private equity firm Amerbourgh has sold a 35% stake in Dutch core banking vendor Ohpen to NPM Capital.

Halifax rebrand slammed for copying Monzo and Starling

/Core banking systems

Halifax rebrand slammed for copying Monzo and Starling

Days after Halifax's attempt at a rebrand to compete with digital upstarts such as Monzo and Starling, social media users noticed that the bank's new identity may have taken the competition a little too literally.

Sopra Steria to acquire French core banking vendor SAB

/Core banking systems

Sopra Steria to acquire French core banking vendor SAB

Sopra Steria is to acquire fellow French core banking vendor SAB as part of a strategy to turn around its underperforming Banking Software division.

FIS vows to help community banks set up digital units in 90 days

/devops

FIS vows to help community banks set up digital units in 90 days

Fintech behemoth FIS has unveiled a tech package it promises will help US community banks and credit unions roll out standalone digital banks in just 90 days.

Temenos TCF The Hague- Digital Banking Reloaded- live blog, Day 2

/Core banking systems

Temenos TCF The Hague- Digital Banking Reloaded- live blog, Day 2

Rolling updates from the Temenos Community Forum in The Hague. It's a full house in the World Forum after a splendid gala dinner last evening. News and insights shared here on a continual basis throughout the day

Temenos TCF The Hague- Digital Banking Reloaded- live blog, Day 1

/Core banking systems

Temenos TCF The Hague- Digital Banking Reloaded- live blog, Day 1

Finextra is here in The Hague covering Temenos' annual bash. Stay tuned for live rolling updates on proceedings and the very latest in innovative functionality and streamlined operations.

TSB to take technology inhouse after IT meltdown

/Core banking systems

TSB to take technology inhouse after IT meltdown

TSB is discontinuing its contract with Banco Sabadell tech subisidiary Sabis in order to bring its IT responsibilities back inhouse following the badly botched migration to the Spanish bank's platform last year.

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