2237 articles tagged with this keyword
News/Core banking systems
China's Longtop Financial Technologies says it is the subject of a probe by the Securities and Exchange Commission over alleged financial irregularities, and has confirmed the resignation of its chief financial officer Derek Palaschuk and auditors Deloitte Touche Tohmatsu.
23 May 2011
A group of Viveo staffers have won a court victory over redundancies arising from the French vendor's acquisition by Temenos.
16 May 2011
Shares in Misys have moved up amid City speculation of an impending bid for the UK banking software and treasury systems house.
11 May 2011
Technology giant Oracle is looking to offload its Prime Sourcing software services unit, according to India's Economic Times.
10 May 2011
Australia's Westpac has been forced to apologise to customers after an air-conditioning fault at a data centre hit the bank's online service and shut down ATM and Eftpos facilities across the country.
05 May 2011
Swiss fintech vendor Temenos has teamed with Indian counterpart Wipro to punt a core banking offering on an application service provider (ASP) model to small European banks.
20 April 2011
UK fintech vendor Misys has posted a seven per cent revenue rise for the third quarter, boosted by a return to growth for its banking unit as customers sign for the new BankFusion product.
06 April 2011
Commonwealth Bank of Australia believes its $1.1 billion core banking modernisation programme will give it the edge over rivals, allowing faster time to market for new products and the ability to provide customers with real-time analytics to monitor household spending via sophisticated personal financial management tools.
15 March 2011
Indian Overseas Bank is looking to tie-up with a IT consultancy firm to form a joint venture that will sell its in-house developed core banking system.
11 March 2011
ANZ New Zealand is investing around NZ$220 million to put its business on to a single technology platform and restructure its management system.
02 March 2011
Temenos has nabbed Guy Dubois from mobile communications firm Mach Group to take over as CEO, replacing Andreas Andreades who moves upstairs as chairman. News of the shake-up comes as the Swiss core banking vendor posts mixed full year results.
17 February 2011
Commonwealth Bank of Australia has extended its core banking tech modernisation programme by a year, and upped spending on the project to $1.1 billion, almost double its original estimates of $580 million.
10 February 2011
FIS has acquired Gifts Software, a provider of funds transfer, cash management and anti-money laundering (AML) technology. Financial terms of the deal were not disclosed.
08 February 2011
Swiss core banking vendor Temenos has taken T24 into the cloud, offering its flagship system on the Microsoft Windows Azure platform.
07 February 2011
IBM has won a major contract with China's Guangdong Rural Credit Cooperatives to consolidate 23 banking systems in seven cities.
02 February 2011
Allied Irish Bank (AIB) has begun court proceedings against Oracle Financial Services Software, claiming nearly EUR84 million over a bungled Flexcube implementation, according to broadcaster RTE.
31 January 2011
Misys has reported flat first half revenues as growth in treasury and capital markets was again offset by a slight decline in banking. Meanwhile, the UK vendor has also revealed it will hand over to shareholders another £145 million from the sale of healthcare unit Allscripts.
25 January 2011
Deutsche Bank is rolling out core technology from Tata Consultancy Services (TCS) across its Global Transaction Banking (GTB) business.
14 December 2010
Capgemini has acquired India-based Temenos implementation partner Thesys Technologies. Terms of the transaction were not disclosed.
25 November 2010
With IT accounting for up to two thirds of start up costs, technology is proving a major barrier to new entrants in the UK retail banking sector, according to the Office of Fair Trading (OFT).
04 November 2010
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