549 articles tagged with this keyword
News/Core banking systems
Metro Bank, the first new high street player to enter the UK market for over 100 years, has opened its doors to the public, running on a technology platform from Swiss vendor Temenos.
29 July 2010
Australia's Westpac has selected technology from US vendor Fiserv for an overhaul of its retail, business and corporate online services.
28 July 2010
Credit Agricole's new online private bank targeting the French mass affluent market, BforBank, has gone live on the Temenos T24 technology platform.
12 July 2010
Polaris Software unit Laser Soft has bagged a contract with Andhra Pradesh State Cooperative Bank (APCOB) to implement a core banking system across 569 branches.
06 July 2010
Shares in Misys soared 20% in morning trading after the UK software vendor outlined plans to sell most of its stake in US healthcare subsidiary Allscripts for around $1.3 billion and return most of it to shareholders through a stock buyback.
09 June 2010
Fiserv has moved to expand its investment services unit with the acquisition of AdviceAmerica. Financial terms of the deal were not disclosed.
07 June 2010
The market for core banking systems has stagnated since 2008, with deal volume down by 18% during the past year, according to Forrester Research.
02 June 2010
The Royal Bank of Scotland is cutting around 500 back office jobs at its wealth management division as the introduction of new technology streamlines business processes.
Core banking vendor Misys has appointed Al-Noor Ramji, formerly CEO of BT Design, as head of its banking division.
26 March 2010
Core banking vendor Misys is planning to license its next-generation BankFusion platform to third party developers in an effort to promote the product as an industry tool.
05 March 2010
Having been hit hard by the financial crisis, Swiss core banking vendor Temenos has shown tentative signs of recovery, posting rises in fourth quarter and full year operating profit despite slight falls in revenue.
18 February 2010
US banking giant Citi has cut $1.42 billion from its operations and technology budget at the mid-way stage of a three-year campaign to eliminate $3 billion in tech spending.
15 February 2010
Deutsche Bank is embarking on a multi-year programme to replace its various IT systems in Germany with a unified core banking platform based on technology from SAP.
27 January 2010
Misys has reported an 11% fall in revenues at its banking unit for the first half, although the gloom was partially offset by more encouraging news at the firm's healthcare and treasury and capital markets divisions.
14 January 2010
Swiss core banking vendor Temenos has signed a definitive agreement to buy French rival Viveo for around $81 million.
06 January 2010
Swiss core banking vendor Temenos has inked a commercial and technology agreement with US giant Microsoft.
10 December 2009
IBM has sold its first mainframe in Namibia in a $5 million deal with First National Bank of Namibia.
24 November 2009
Aspiring supermarket bank Tesco has selected Fiserv to provide the core technology platform for its push into the UK's retail financial services arena.
20 November 2009
IBM has signed a seven-year, EUR55 million strategic outsourcing agreement with Finnish IT banking service provider Samlink.
17 November 2009
Bank of Georgia (BOG) has signed for the T24 core banking system from Swiss vendor Temenos in a bid to consolidate operations on a single platform.
28 October 2009
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