549 articles tagged with this keyword
News/Core banking systems
Misys has elevated president and COO Nadeem Syed to the post of chief exective officer, taking over from incumbent Bret Bolin, who becomes executive chairman.
11 June 2013
Luxembourg private bank Société Générale Bank & Trust has completed a two-year project to migrate its core banking system, comprising ten million lines of code, to a cloud computing architecture.
23 May 2013
UK supermarket chain Sainsbury's has confirmed its intention to assume full control of its banking operations and has hired US-based FIS as its chief technology partner.
08 May 2013
The Banking Industry Architecture Network (Bian), an organisation working to establish a service-oriented architecture (SOA) standard in the finance industry, has signed up PNC as its first US bank member.
18 April 2013
Temenos has acquired TriNovus in a move designed to help the Swiss core banking vendor break into the US software-as-a-service (SaaS) market.
22 March 2013
National Australia Bank has put a new face in charge for the next stage of its massive technology overhaul, which is designed to help make the bank annual savings of A$800 million within five years.
13 March 2013
Former Temenos chief operating officer Mark Cullinane has left after nearly 10 years with the Swiss core banking vendor.
27 February 2013
Swiss IT integration house Swisscom is to acquire the Entris Banking IT outsourcing business of RBA-Holdings, which provides services to 41 regional and savings banks across the country.
08 February 2013
Indian banking and securities companies will spend 416 billion rupees on IT products and services in 2013, an increase of more than 12% on last year, according to Gartner.
30 January 2013
Fiserv has acquired rival fintech vendor Open Solutions for $55 million in a deal that also sees it assume around $960 million of debt.
15 January 2013
Core banking vendor Temenos has signed a definitive agreement to buy edge IPK, a provider of user experience platform (UXP) software to the financial services industry. Financial terms of the deal were not disclosed.
20 September 2012
Tech giant Oracle has unveiled a new banking platform it hopes will tempt large financial institutions pondering the replacement of decades-old legacy systems.
18 September 2012
National Australia Bank's direct banking subsidiary UBank has migrated 300,000 customers to a new core banking platform developed for the parent bank by Oracle.
28 August 2012
Bank SinoPac has gone live with the Temenos T24 core system across its Singapore branch network, with overseas locations to follow.
23 August 2012
Jack Henry & Associates unit Symitar has introduced an online space where its credit union customers can exchange programming ideas.
16 August 2012
Commonwealth Bank of Australia says it is beginning to reap the rewards of its $1.1 billion core banking modernisation programme, with a measurable increase in productivity contributing towards a $7.1 billion profit for the year ending 30 June.
15 August 2012
Shares in Temenos plunged 20% in morning trading on news that the Swiss core banking vendor's CEO is quitting after just a year into the job for "personal reasons" while second quarter license revenue is down more than a third.
12 July 2012
Deutsche Bank has migrated five million savings customers onto Magellan, its new billion euro core banking platform.
11 July 2012
Around three quarters of European banks are using outdated core systems, affecting their ability to innovate and accelerate growth, according to a survey commissioned by vendor Infosys.
11 May 2012
One in four of the largest Asia/Pacific banks will embark on a major core modernisation project over the next three years, according to IDC Financial Insights, ushering a in a new wave of significant financial technology spending.
27 April 2012
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