Core banking systems

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Misys executive pay under shareholder spotlight

/Core banking systems

Misys executive pay under shareholder spotlight

UK fintech vendor Misys saw executives face a rough ride at its recent annual general meeting, with over a third of shareholders voting against their pay plan.

ANZ CIO cool on the cloud

/Core banking systems

ANZ CIO cool on the cloud

The prospect of cloud computing making a big impression in the Australian financial services sector in the near future appear bleak, with regulatory concerns continuing to hold back use of the technology, according to ANZ CIO Anne Weatherston.

Tesco to delay migration to new banking system

/Core banking systems

Tesco to delay migration to new banking system

UK retailer Tesco is to delay its push into the full-service banking market for fear of repeating the technical mishaps that locked out customers during the summer switch to a new banking platform.

Misys Q1 revenue rises but order intake falls

/Core banking systems

Misys Q1 revenue rises but order intake falls

UK fintech vendor Misys has posted a four per cent rise in revenues for the first quarter but order intake was down thanks to delayed sales at the recently acquired Sophis unit.

Dab bank signs for Fis Kordoba core system

/Core banking systems

Dab bank signs for Fis Kordoba core system

Munich-headquartered Dab bank has signed for the Kordoba Core24 banking system from US fintech vendor Fis.

FIS takeover of Misys falls through

/Core banking systems

FIS takeover of Misys falls through

Shares in Misys fell by 18% in morning trading after the UK fintech vendor's proposed takeover by American counterpart FIS broke down.

Misys posts FY profit rise on banking recovery; no news on FIS deal, Kondor bid mooted

/Core banking systems

Misys posts FY profit rise on banking recovery; no news on FIS deal, Kondor bid mooted

UK fintech vendor Misys has recorded a 12% rise in full year adjusted profits, boosted by strong uptake of its new BankFusion platform and the successful integration of recently acquired Sophis.

Misys shares rise as FIS deal nears

/Core banking systems

Misys shares rise as FIS deal nears

Shares in UK core banking vendor Misys rose nine per cent in morning trading as expectations rose that its proposed takeover by US firm FIS is nearing completion.

Temenos profit warning weakens Misys

/Core banking systems

Temenos profit warning weakens Misys

A profit warning at Swiss core banking vendor Temenos has hit UK rival Misys, as nervous investors fret about the viability of an FIS-led takeover bid in a depressed market.

Banking standards alliance recruits new members

/Core banking systems

Banking standards alliance recruits new members

Banking standards alliance, the Banking Industry Architecture Network (Bian), has signed up Commonwealth Bank of Australia, Rabobank Group, Scotiabank and ACI Worldwide as new members.

FIS confirms cash offer for Misys

/Core banking systems

FIS confirms cash offer for Misys

US fintech house FIS has confirmed that it is the mystery suitor behind a preliminary takeover approach for Misys.

Misys confirms bid approach

/Core banking systems

Misys confirms bid approach

Shares in Misys rose over eight per cent in morning trading after the UK banking software and treasury systems vendor confirmed it has received a "preliminary" takeover approach.

Polaris wins $55m RBI core banking deal

/Core banking systems

Polaris wins $55m RBI core banking deal

The Reserve Bank of India (RBI) has signed a $55 million deal for the implementation and maintenance of Polaris's Intellect core banking system.

Financial IT consultancy boss wins £6m over botched facelift

/Core banking systems

Financial IT consultancy boss wins £6m over botched facelift

A British woman has been awarded nearly £6.2 million in damages after a botched facelift which contributed to the collapse of her financial and IT consultancy business.

Auditors exit and CFO quits as SEC probes Longtop

/Core banking systems

Auditors exit and CFO quits as SEC probes Longtop

China's Longtop Financial Technologies says it is the subject of a probe by the Securities and Exchange Commission over alleged financial irregularities, and has confirmed the resignation of its chief financial officer Derek Palaschuk and auditors Deloitte Touche Tohmatsu.

Viveo workers win Temenos case

/Core banking systems

Viveo workers win Temenos case

A group of Viveo staffers have won a court victory over redundancies arising from the French vendor's acquisition by Temenos.

Takeover speculation fuels Misys share price

/Core banking systems

Takeover speculation fuels Misys share price

Shares in Misys have moved up amid City speculation of an impending bid for the UK banking software and treasury systems house.

Oracle considers services unit sale - report

/Core banking systems

Oracle considers services unit sale - report

Technology giant Oracle is looking to offload its Prime Sourcing software services unit, according to India's Economic Times.

Aussie tech banking curse strikes Westpac

/Core banking systems

Aussie tech banking curse strikes Westpac

Australia's Westpac has been forced to apologise to customers after an air-conditioning fault at a data centre hit the bank's online service and shut down ATM and Eftpos facilities across the country.

Temenos partners Wipro on core banking ASP offering; posts Q1 loss

/Core banking systems

Temenos partners Wipro on core banking ASP offering; posts Q1 loss

Swiss fintech vendor Temenos has teamed with Indian counterpart Wipro to punt a core banking offering on an application service provider (ASP) model to small European banks.

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