549 articles tagged with this keyword
News/Core banking systems
India's Polaris Software Lab has agreed to buy banking software firm Laser Soft Infosystems in an all cash deal worth around Rs52 crores ($11 million).
15 October 2009
Misys has reported an eight per cent slide in revenues and 14% fall-off in order intake from its banking division, in an interim management statement for the three months ending September 2009.
30 September 2009
Shares in Misys have ticked up after City analysts talked up the possibility of a break-up and piecemeal sell-off of the banking-to-healthcare group.
29 September 2009
Core system renewal strategies at banks often create more problems than they solve, as firms ignore enterprise integration issues in favour of tactical one-off changes and quick-fix band aids, according to research conducted by Sterling Commerce.
17 September 2009
Swiss core banking supplier Temenos has signed its first customer in India, microfinance specialist Equitas, to the T24 platform.
24 August 2009
Commonwealth Bank of Australia (CBA) has added A$150 million to its original A$580 million core banking overhaul budget to cover the inclusion of subsidiaries Auckland Savings Bank and Bankwest in the project.
12 August 2009
A Chicago-based self-styled "green" community bank, set to open in the fourth quarter, has contracted Fiserv for the provision of an environmentally friendly technology platform.
11 August 2009
Despite recording a 15% decline in revenue for the second quarter, Swiss core banking supplier Temenos says its cost cutting programme has left it in a strong position to navigate the downturn.
03 August 2009
Swiss core banking supplier Temenos has settled a dispute with Metavante over a joint US marketing pact that was thrown into confusion by the proposed $2.94 billion takeover of the US vendor by Fidelity National Information Systems.
22 July 2009
IBM, through affiliate Insa, is teaming with banking group Caixanova to open a technology innovation centre in Orense, Spain.
16 July 2009
International Bank of Azerbaijan has gone live with Oracle's Flexcube core banking package, which replaces the Misys Midas system.
14 July 2009
National Bank of Cambodia is to implement Oracle's Flexcube core banking package as it bids to modernise the country's antiquated financial system.
30 June 2009
Honolulu-based American Savings Bank has signed an enterprise-wide deal with Fiserv to implement the US vendor's modular, multi-channel Signature Bank technology platform.
08 June 2009
Oracle and Temenos are set to continue their dominance of the core banking technology market as smaller rivals fall by the wayside and banks take a cautious approach to vendor selection in a consolidating market, according to a new study by Forrester Consulting.
27 May 2009
National Bank of Malawi (NBM) has ditched Misys BankMaster in favour of the T24 core banking platform from Swiss vendor Temenos to support its retail and corporate operations.
29 April 2009
Co-operative Financial Services has selected the Finacle universal banking system from Infosys to replace its legacy technology infrastructure.
27 April 2009
India's HDFC Bank has chosen IBM's System z mainframe technology as the basis for a new IT framework.
22 April 2009
Alior, a Polish bank launched last year, has rolled out core processing technology from Fidelity National Information Services (FIS) across more than 100 branches.
08 April 2009
Canadian credit union Coast Capital Savings has selected the T24 core banking platform from Swiss vendor Temenos to support its retail, commercial and small business operations.
03 April 2009
SunGard has strengthened its position in the Swiss private banking sector by acquiring Genix Systems, a small Zurich-based provider of customer information systems to small and medium-sized banks.
02 April 2009
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