Core banking systems

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

/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.

/startups

Qik Banco Digital Dominicano goes live on Temenos

Temenos (SIX: TEMN) today announced that Qik Banco Digital Dominicano has launched on Temenos Banking Cloud, becoming the first digital-only bank in the Dominican Republic.

Bank of Africa UK migrates to Oracle Cloud Infrastructure

/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).

/retail

Orion Innovation acquires Banktech Software Services

Orion Innovation ("Orion"), a leading digital transformation and product development services firm, today announced the acquisition of Banktech Software Services Ltd ("Banktech"), a core banking implementation partner for global financial institutions.

/retail

Tintra selects Temenos as core platform provider

Tintra PLC, a London-headquartered Deep Tech and Banking company, has selected Temenos (SIX: TEMN) to power its innovative new bank designed solely for emerging market clients.

/sustainable

Finastra rolls out ESG service

Finastra today announced the availability of its ESG Service, a cloud-native SaaS solution that streamlines sustainability-linked lending.

/cloud

PwC collaborates with FintechOS to launch digital banking package on Microsoft Cloud for Finance

FintechOS, a leader in fintech enablement, is to collaborate with PwC to support its new digital banking solution: Infinite Financial Solutions for Banking. Powered by Microsoft’s Cloud for Financial Services and leveraging FintechOS’s technology platform, the solution enables financial institutions to accelerate digital transformation and elevate customer experience in a cost-effective way.

HMBradley signs for Thought Machine platform

/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.

/wholesale

Finastra opens new office in Dubai International Financial Centre

Finastra, a global provider of financial software applications and marketplaces, has opened a new office in the Dubai International Finance Centre (DIFC).

Thought Machine goes global with latest hiring spree

/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.

/cloud

Diners Club Ecuador goes live on Temenos with AWS

TEMENOS (SIX: TEMN) today announced that Diner’s Club Ecuador has gone live with Temenos Core Banking, Payments and Analytics on the cloud with Amazon Web Services (AWS). The completion of the project marks the launch of Diner’s Club Ecuador as the first digital bank in the country.

Finastra explores sale of banking business - Reuters

/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.

/retail

Selfreliance Federal Credit Union selects Corelation’s KeyStone

After a few years of sustained growth, Selfreliance Federal Credit Union ($830 million assets; 30,795 members; Chicago, IL) recognized the need for an innovative core processor built on modern technology.

/people

Tuum appoints Edgardo Torres-Caballero as chief revenue officer

Tuum, the next-generation core banking platform, has today announced the appointment of Edgardo Torres-Caballero as Chief Revenue Officer (CRO).

/retail

Mizuho Bank implements Oracle banking tech

Mizuho Bank, Ltd., the integrated retail and corporate banking unit of Mizuho Financial Group and one of Japan’s largest financial services institutions, is modernizing its legacy banking system for international operations with Oracle.

/retail

ERI Olympic Banking System certified on Red Hat Enterprise Linux

ERI is proud to announce that its leading technology platform, OLYMPIC Banking System, digitalising front-to-back financial services processes, is certified to run on Red Hat Enterprise Linux and is now available in the Red Hat Ecosystem Catalogue.

/payments

Paymentology integrates with 10x

Paymentology, the world’s first truly global issuer-processor, has joined forces with cloud-native core banking platform 10x to provide pre-integrated credit and debit card issuing and processing.

/people

VSoft hires lee Crocker as head of operations

VSoft Corporation, a global leader in providing information and technology solutions for financial institutions, has named Lee Crocker as Head of Operations to help the company scale as VSoft continues to grow its client base, which currently includes more than 1,000 financial institutions across multiple continents.

/retail

Temenos expands BaaS capabilities

Temenos (SIX: TEMN) today announced that it has expanded its Banking-as-a-Service (BaaS) capabilities on Temenos Banking Cloud to meet the technology needs of organizations offering BaaS from licensed banks to specialist BaaS providers servicing brands or fintechs.

/people

Tintra hires former HSBC exec Paul James as COO

The board of directors (the "Board") of Tintra, the fast-growth Deep Tech business, is pleased to announce the appointment of Paul James as Chief Operating Officer ("COO") as the Group continues to execute its plan to build global banking infrastructure driven by Artificial Intelligence and Natural Language Processing tools.

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