Latest Core banking systems News: Finextra Research

Space Coast CU signs with ACI for online banking and bill pay

ACI Worldwide (ACIW), a leading global provider of electronic payment and banking solutions, today announced that Space Coast Credit Union (SCCU), one of the 50 largest credit unions in the US, has selected the company to power its online banking and bill payment services.

12 November 2014

News/Core banking systems

NAB consolidates customer data on new CRM system

National Australia Bank has passed an important milestone in its tech transformation agenda with the roll out of a new customer relationship management system for its 4500 business bankers.

06 November 2014

Company update/Core banking systems

Finzsoft to move banking applications to IBM cloud

Finzsoft Solutions Limited (NZX:FIN) and IBM (NYSE: IBM) today announced a five-year cloud agreement to move Finzsoft's core and vertical banking applications, including its Sovereign application, to the IBM Cloud.

28 October 2014

Company update/Core banking systems

Temenos expands US operations

Temenos (SIX: TEMN), the market-leading provider of mission-critical solutions to the financial services industry, today announces that it is further expanding its US operations, with investment into a country Model Bank and the creation of an onshore development center, and showing strong traction with newly-launched products.

23 October 2014

News/Core banking systems

Nordea to take EUR344 million IT charge as core platforms are upgraded

Nordea Bank is to take a EUR344 million impairment charge on its current IT systems as it embarks on a major project to rip and replace its core banking and payments platforms.

22 October 2014

Company update/Core banking systems

Jack Henry: More banks outsourcing core platforms

Jack Henry & Associates, Inc. (JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry.

14 October 2014

Company update/Core banking systems

Cross County Savings Bank selects DNA from Fiserv

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that Cross County Savings Bank, based in Middle Village, New York, has selected the DNA(TM) account processing platform and several integrated solutions to attract and serve future generations of customers.

14 October 2014

Company update/Core banking systems

FIS wins strategic technology partner status with Indian microfinance firm Bandhan

FIS™ (NYSE: FIS), the world’s largest provider of banking and payments technology solutions and a global leader in consulting and outsourcing solutions, today announced it has been selected as the strategic technology partner for India’s largest microfinance institution, Bandhan, which is one of only two entities granted “in-principle” approval by India’s banking regulator to set up a universal bank.

09 October 2014

Company update/Core banking systems

Oracle ships latest version of Flexcube

Today’s financial services landscape calls for a more human-centric approach to banking, and one that enables key stakeholders—including customers, bankers, operations staff, and technology staff—to stay ahead of fast-changing regulatory guidelines while continuing to drive improved performance.

01 October 2014

Company update/Core banking systems

Fiserv converts two more credit unions to DNA

Fiserv, Inc. (FISV), a leading global provider of financial services technology solutions, today announced that it successfully converted the thirteenth-largest credit union in the United States, $6 billion Randolph-Brooks Federal Credit Union (RBFCU) based in Live Oak, Texas, and $1.5 billion Navigant Credit Union based in Smithfield, R.I., to the DNA™ platform over Labor Day weekend.

30 September 2014

News/Core banking systems

Misys on the block as Vista Equity Partners agrees Tibco acquisition

Vista Equity Partners is seeking buyers for core banking supplier Misys after agreeing a $4.3 billion deal to acquire business process software firm Tibco.

29 September 2014

Company update/Core banking systems

Misys launches integrated corporate banking platform

Misys, the leading financial software company, has launched Misys FusionBanking Corporate FrontOffice, a unified corporate client front end, integrated with enterprise pricing and credit lifecycle management.

29 September 2014

Company update/Core banking systems

Diligenta scores Friends Life contract

Diligenta, a leading Life and Pensions BPO provider in the UK, and a subsidiary of Tata Consultancy Services (TCS), the leading IT services, consulting and business solutions organization, today announced that it has secured a new multi-million pound, multi-year contract with Friends Life Management Services Limited (Friends Life) for its international operation.

19 August 2014

News/Core banking systems

Misys acquires Custom Credit Systems

Misys is looking to extend its footprint into the multi-billion dollar market for commercial lending software with the acquisition of Custom Credit Systems (CCS), a US-based provider of commercial loan origination and workflow management software.

11 August 2014

News/Core banking systems

Global retail bank IT spend to soar - Ovum

Global retail bank IT spending is to set to rise 19.9% over the next four years to hit $150 billion in 2018, according to figures from Ovum.

08 August 2014

News/Core banking systems

Westpac appoints CBA core transformation architect as new CIO

Wetspac has appointed Dave Curran, the architect of neighbouring Commonwealth Bank's core banking transformation project, as its new chief information officer.

31 July 2014

News/Core banking systems

Fiserv partners Anthony Thomson on tech platform for new UK banks

Metro Bank and Atom Bank founder Anthony Thomson has teamed up with fintech vendor Fiserv to develop a technology platform designed to help the raft of new challengers bidding to enter the UK banking market.

02 July 2014

News/Core banking systems

How not to do a core platform renewal project - lessons from the Co-op debacle

An independent report into events surrounding the near collapse of the UK's Co-operative Bank offers a cautionary tale for banks contemplating a core systems renewal programme.

30 April 2014