2244 articles tagged with this keyword
News/Core banking systems
India's first public sector bank for women opens its doors today, powered by technology from US fintech vendor FIS.
19 November 2013
Australia's Westpac has committed to a five-year programme to consolidate its core banking architecture to an upgraded real-time platform from Hogan Systems.
04 November 2013
Indian banking and securities companies will spend 462 billion rupees (EUR5.5 billion) on IT products and services in 2014, an increase of nearly 9.8 percent over 2013 revenue of 421 billion rupees, according to Gartner
21 October 2013
US fingerprint authentication outfit DigitalPersona has acquired Georgia-based Identity Stream, which offers a turnkey biometric system for core banking users.
11 October 2013
Banks operating ageing IT platforms can expect to experience a material increase in running costs over the coming years, only partially offset by the introduction of smaller cheaper-to-run branch outlets.
11 September 2013
The UK's Co-operative Bank has written off a further £148 million in IT costs as it ditches plans to implement a new core banking platform from Infosys.
29 August 2013
Canadian financial technology firm Davis and Henderson (D+H) has completed the US$1.2 billion cash acquisition of US counterpart Harland Financial Solutions.
16 August 2013
Global spending on core banking technology is set for steady, if unspectacular, growth over the next four years, breaking the $10 billion barrier in 2017, according to research from Celent.
08 August 2013
Swiss fintech vendor Temenos has unveiled SocialComply, a social media monitoring and compliance tool designed to help financial institutions engage with customers while managing the associated risks.
11 July 2013
Misys has elevated president and COO Nadeem Syed to the post of chief exective officer, taking over from incumbent Bret Bolin, who becomes executive chairman.
11 June 2013
Luxembourg private bank Société Générale Bank & Trust has completed a two-year project to migrate its core banking system, comprising ten million lines of code, to a cloud computing architecture.
23 May 2013
UK supermarket chain Sainsbury's has confirmed its intention to assume full control of its banking operations and has hired US-based FIS as its chief technology partner.
08 May 2013
The Banking Industry Architecture Network (Bian), an organisation working to establish a service-oriented architecture (SOA) standard in the finance industry, has signed up PNC as its first US bank member.
18 April 2013
Temenos has acquired TriNovus in a move designed to help the Swiss core banking vendor break into the US software-as-a-service (SaaS) market.
22 March 2013
National Australia Bank has put a new face in charge for the next stage of its massive technology overhaul, which is designed to help make the bank annual savings of A$800 million within five years.
13 March 2013
Former Temenos chief operating officer Mark Cullinane has left after nearly 10 years with the Swiss core banking vendor.
27 February 2013
Swiss IT integration house Swisscom is to acquire the Entris Banking IT outsourcing business of RBA-Holdings, which provides services to 41 regional and savings banks across the country.
08 February 2013
Indian banking and securities companies will spend 416 billion rupees on IT products and services in 2013, an increase of more than 12% on last year, according to Gartner.
30 January 2013
Fiserv has acquired rival fintech vendor Open Solutions for $55 million in a deal that also sees it assume around $960 million of debt.
15 January 2013
Core banking vendor Temenos has signed a definitive agreement to buy edge IPK, a provider of user experience platform (UXP) software to the financial services industry. Financial terms of the deal were not disclosed.
20 September 2012
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