Core banking systems

2244 articles tagged with this keyword

All articles with this keyword
Apply Cancel
Misys to strip £8 million from costs as sales slow in Europe

/Core banking systems

Misys to strip £8 million from costs as sales slow in Europe

Banking software house Misys is to cut £8 million from its operating costs over the next year after a 'challenging' first six months trading which saw a slowdown in sales in Western Europe.

Global retail banking IT spending on the rise - Ovum

/Core banking systems

Global retail banking IT spending on the rise - Ovum

Despite ongoing economic turmoil, global spending on retail banking technology will increase by $3.6 billion - 3.2% - in 2012, and will hit $135 billion over the next five years, according to analyst house Ovum.

Queensland Treasury Corporation tears up Temenos T24 contract

/Core banking systems

Queensland Treasury Corporation tears up Temenos T24 contract

Swiss core banking vendor Temenos has been ditched by the corporate treasury services provider of Australian state Queensland, which has decided to cut its losses on a T24 implementation.

Misys opens Beijing centre of excellence

/Core banking systems

Misys opens Beijing centre of excellence

UK fintech vendor Misys has opened a centre of excellence in Beijing as its focus increasingly turns to China and the wider Asia Pacific region.

AIB settles with Oracle over bungled Flexcube implementation

/Core banking systems

AIB settles with Oracle over bungled Flexcube implementation

AIB has reached an out-of-court settlement with Oracle over a bungled core banking implementation that the Irish bank claimed had cost it EUR84 million in "wasted expenditure".

SEC puts Longtop under the cosh

/Core banking systems

SEC puts Longtop under the cosh

The Securities and Exchange Commission has charged Longtop Financial Technologies with failing to file accurate reports, paving the way for a ban on broker-dealers trading in the Chinese fintech vendor.

Cloud banking set to go mainstream - Gartner

/Core banking systems

Cloud banking set to go mainstream - Gartner

Analyst house Gartner predicts that by the end of 2015, consumers will initiate at least 10% of all banking interactions indirectly via cloud service-based exchanges and portals.

NAB racks up IT spending

/Core banking systems

NAB racks up IT spending

National Australia Bank increased spending by over a half on its IT infrastructure last year as it grappled with a series of breakdowns in its online platforms and poured more cash into a core banking transformation project.

Avaloq embarks on Scottish graduate recruitment spree

/Core banking systems

Avaloq embarks on Scottish graduate recruitment spree

Swiss banking technology vendor Avaloq has vowed to recruit 75 Scottish graduates to work at a new Edinburgh software development centre that will eventually deploy 500 staff.

Misys executive pay under shareholder spotlight

/Core banking systems

Misys executive pay under shareholder spotlight

UK fintech vendor Misys saw executives face a rough ride at its recent annual general meeting, with over a third of shareholders voting against their pay plan.

ANZ CIO cool on the cloud

/Core banking systems

ANZ CIO cool on the cloud

The prospect of cloud computing making a big impression in the Australian financial services sector in the near future appear bleak, with regulatory concerns continuing to hold back use of the technology, according to ANZ CIO Anne Weatherston.

Tesco to delay migration to new banking system

/Core banking systems

Tesco to delay migration to new banking system

UK retailer Tesco is to delay its push into the full-service banking market for fear of repeating the technical mishaps that locked out customers during the summer switch to a new banking platform.

Misys Q1 revenue rises but order intake falls

/Core banking systems

Misys Q1 revenue rises but order intake falls

UK fintech vendor Misys has posted a four per cent rise in revenues for the first quarter but order intake was down thanks to delayed sales at the recently acquired Sophis unit.

Dab bank signs for Fis Kordoba core system

/Core banking systems

Dab bank signs for Fis Kordoba core system

Munich-headquartered Dab bank has signed for the Kordoba Core24 banking system from US fintech vendor Fis.

FIS takeover of Misys falls through

/Core banking systems

FIS takeover of Misys falls through

Shares in Misys fell by 18% in morning trading after the UK fintech vendor's proposed takeover by American counterpart FIS broke down.

Misys posts FY profit rise on banking recovery; no news on FIS deal, Kondor bid mooted

/Core banking systems

Misys posts FY profit rise on banking recovery; no news on FIS deal, Kondor bid mooted

UK fintech vendor Misys has recorded a 12% rise in full year adjusted profits, boosted by strong uptake of its new BankFusion platform and the successful integration of recently acquired Sophis.

Misys shares rise as FIS deal nears

/Core banking systems

Misys shares rise as FIS deal nears

Shares in UK core banking vendor Misys rose nine per cent in morning trading as expectations rose that its proposed takeover by US firm FIS is nearing completion.

Temenos profit warning weakens Misys

/Core banking systems

Temenos profit warning weakens Misys

A profit warning at Swiss core banking vendor Temenos has hit UK rival Misys, as nervous investors fret about the viability of an FIS-led takeover bid in a depressed market.

Banking standards alliance recruits new members

/Core banking systems

Banking standards alliance recruits new members

Banking standards alliance, the Banking Industry Architecture Network (Bian), has signed up Commonwealth Bank of Australia, Rabobank Group, Scotiabank and ACI Worldwide as new members.

FIS confirms cash offer for Misys

/Core banking systems

FIS confirms cash offer for Misys

US fintech house FIS has confirmed that it is the mystery suitor behind a preliminary takeover approach for Misys.

Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.

Please read our Privacy Policy.

Accept