Core banking systems

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/retail

BIAN launches open source specification tool

BIAN, the independent not-for-profit association, is today announcing its Open-Source Specification tool.

Industry issues and technology enhancements

/Sibos

Industry issues and technology enhancements

Stephanie Wolf, Head of Global Financial Institutions, Governments and Business Banking Sales for GTS, Bank of America joins FinextraTV at Sibos 2022 to discuss the issues facing the industry and Bank of America’s latest innovation in APIs.

/crime

Temenos rolls out self-service financial crime mitigation tool

Temenos (SIX: TEMN) today announced that it is the first to market with a SaaS offering that enables banks to manage financial crime mitigation (FCM) with composable banking services on a secure, continually evolving, self-service platform.

Sibos 2022: India’s regional banks – the state of play

/cloud

Sibos 2022: India’s regional banks – the state of play

Ahead of Sibos 2022, Finextra spoke to Baldev Prakash, managing director and CEO of one of the oldest private sector banks in India, Jammu & Kashmir Bank, about their technology roadmap, the subcontinent’s economic recovery and the geopolitical implications of the Russia-Ukraine conflict despite being a smaller bank.

/cloud

Australia’s Police Bank selects Temenos Banking Cloud

Temenos (SIX: TEMN) today announces that Police Bank has selected Temenos Retail Banking Services running on the Temenos Banking Cloud to modernize its core systems.

/startups

UK challenger Bevan Money signs with CSI

Bevan Money, the new applicant UK challenger bank, with financial products specially designed to support public sector workers, is partnering with CSI for its technology needs.

/retail

Taiwan's SinoPac selects Temenos

Temenos (SIX: TEMN) today announces that SinoPac, one of Taiwan's largest banks, has selected Temenos to advance its digital banking capabilities.

/wholesale

Thought Machine hooks up Vault Core to Trade Ledger

Trade Ledger, the data-driven lending technology provider, has partnered with Thought Machine, the cloud-native banking technology company and developer of core banking engine Vault Core, to provide a fully integrated technology stack for commercial lenders and banks.

/Core banking systems

Stash core goes live

Stash, the investing and banking app with more than 2M customers and nearly $3B in assets under management, announced today that it successfully built and launched Stash Core, its new, proprietary infrastructure platform that underpins the service for Americans who bank like investors.

/retail

Core banking platform Tuum teams up with Salt Edge

Tuum, an Estonian-born next-generation core banking platform, has partnered with Salt Edge, a leader in open banking solutions, to help financial services providers from all over Europe to leverage the full spectrum of open banking features – fast and secure.

/retail

NdcTech becomes Temenos certified development partner

NdcTech, a leading IT consulting company providing digital transformational services for Banks & Financial Institutions across the globe has now become a Certified Development Partner of Temenos.

/cloud

Carbon Finance extends Mambu partnership

Carbon Finance, a Pan-African microfinance bank, today announced it has extended its partnership with Mambu to continue growing its financial services offering and accelerate expansion.

Mainframe to Cloud: How to shift applications

/Core banking systems

Mainframe to Cloud: How to shift applications

331 downloads

/cloud

Jack Henry inks deal with Google Cloud

Jack Henry™ (Nasdaq: JKHY), a leading provider of technology solutions for the financial services industry, announced today a collaboration with Google Cloud to further enable its multi-year next-generation technology strategy focused on helping community and regional financial institutions innovate faster and meet the evolving needs of their accountholders.

/people

Savana installs Emily Steele from Temenos as president and COO

Savana, an industry leader in financial software for banks and fintechs, today announced that accomplished banking software industry veteran, Emily Steele, will join the Company as President and Chief Operating Officer.

/Core banking systems

Shanghai Commercial & Savings Bank adopts Temenos platform

Shanghai Commercial & Savings Bank (SCSB), one of the listed banks in Taiwan, has selected Temenos and IBM to replace its legacy core systems with Temenos open platform for composable banking.

CSI to go private in $1.6bn deal

/retail

CSI to go private in $1.6bn deal

Fintech and regtech outfit Computer Services Inc is set to go private after agreeing to be bought by investment firms Centerbridge Partners and Bridgeport Partners for around $1.6 billion.

/cloud

BOQ goes live on Temenos Banking Cloud

GENEVA, Switzerland – August 18, 2022 – Temenos (SIX: TEMN) today announced that Bank of Queensland (BOQ) has gone live with retail banking services on Temenos Banking Cloud for customers served under the BOQ and Virgin Money brands. Work has commenced on the migration of BOQ’s ME brand to Temenos Banking Cloud. Using Temenos cloud-based platform enables BOQ to offer superior customer propositions with personalized offerings at a fraction of the cost of its legacy systems, building a competitive advantage and a low cost-income ratio. Since go live, BOQ has completed over four million transactions on the new platform.

/wealth

UnionBank taps Avaloq for wealth management transformation

UnionBank continues the digital transformation of its wealth management business with the Avaloq Core Platform. This will help the bank to stay ahead of the technology curve as the financial industry continues to digitalize in the pursuit of greater efficiency and innovation.

/Core banking systems

Al-Ataa Islamic Bank signs with ICSFS

Al-Ataa Islamic Bank for Investment and Finance has selected ICS BANKS Islamic Platform, a worldwide digital Shari’a compliant software solution, from ICS Financial Systems (ICSFS), the global software and services provider for banks and financial institutions.

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