Core banking systems

546 articles tagged with this keyword

/devops

Fujitsu trials gen-AI for Japanese banks

Japanese technology giant Fujitsu is to conduct trials into the use of generative AI (gen-AI) for banking operations.

/retail

Temenos rolls out first generative AI tool

Swiss core banking provider Temenos has developed a generative AI tool for automatically classifying customer banking transactions, helping clients to provide personalised inisghts and recommendations.

/retail

Digital bank for US military recruits launches

American community bank Citizens Bank of Edmond has launched a digital-first unit built for military service members.

/payments

FIS mulls $15 billion Worldpay sale

FIS is mulling a sale of its Worldpay Merchant Solutions business in a reversal of previous plans to spin off the unit as an independent company.

/retail

Lloyds Bank sets up tech centre in Hyderabad

UK high street bank Lloyds Banking Group is set to create an IT centre in India to further its digital transformation.

/people

Mambu CEO Danilkis quits

Cloud banking platform Mambu's CEO and co-founder Eugene Danilkis has resigned with immediate effect for "personal reasons".

/retail

Nymbus raises $70m

Banking technology vendor Nymbus has closed a $70 million Series D funding round led by Insight Partners and joined by clients ConnectOne Bank and PeoplesBank.

/cloud

Mastercard and Visa eye $1bn deal for Brazil's Pismo - Bloomberg

Mastercard and Visa are among the suitors in talks to buy Brazilian cloud-native core banking and payments platform Pismo for around $1 billion, according to Bloomberg.

/retail

Bank ABC and mobile-only subsidiary ila Bank to replace core architecture with Temenos

Mena-based Bank ABC is to replace its legacy core banking systems in 22 markets and power its mobile-only subsidiary ila Bank with a single instance of of the Temenos platform hosted in the cloud.

/cloud

Bank of Africa UK migrates to Oracle Cloud Infrastructure

Bank of Africa United Kingdom has migrated its core banking systems to Oracle Cloud Infrastructure (OCI).

/cloud

HMBradley signs for Thought Machine platform

HMBradley, a US digital banking platform promising to reward people for saving and positive financial behaviour, has deployed Thought Machine's cloud-native core banking platform.

/cloud

Thought Machine goes global with latest hiring spree

UK cloud-native core banking vendor Thought Machine is gearing up for growth by boosting its global headcount by more than 20% - 125 people - as it makes its first hires in India, Japan and South Africa.

/retail

Finastra explores sale of banking business - Reuters

Fintech giant Finastra could be ready to sell its universal banking business for up to $7 billion, according to Reuters, citing sources.

/payments

Nexi taps IBM to modernise core payment processing

European paytech, Nexi, has selected IBM to upgrade its core infrastructure to IBM z16.

/cloud

Thought Machine wins first French client

Investment bank Bpifrance has become the first French lender to deploy Thought Machine's cloud-native core banking platform.

/cloud

New Singapore digital bank Trust selects Thought Machine core

Trust Bank, the Standard Chartered and FairPrice-backed digital challenger that recently launched in Singapore, is running on Thought Machine's cloud-native core platform.

/cloud

Payset signs for Thought Machine platform

Online payments platform Payset is gearing up for European expansion after signing on for Thought Machine's cloud-native technology.

/people

Investor calls on Temenos to oust CEO

Investor Petrus Advisers has called on Swiss core banking vendor Temenos to fire "out of his depth" CEO Max Chuard immediately and for chairman Andreas Andreades to resign.

/crypto

Money20/20 US: Anchorage launches full-stack crypto offering

Anchorage today unveiled the launch of ‘Build With Anchorage’ at Money20/20 in Las Vegas. A full-stack infrastructure offering that facilitates crypto payment gateways, structured financial products, and crypto investing, the service will enable fintechs, payments firms and banks to design and embed a full crypto product lifecycle via Anchorage APIs.

/cloud

NatWest to launch BaaS business in UK

UK high street bank NatWest has teamed up with European software vendor Vodeno Group to launch a Banking-as-a-Service (BaaS) business for the UK market.