Core banking systems

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/wholesale

South Africa's Curo Fund Services goes live with temenos

Temenos (SIX: TEMN), the banking software company, today announced that Curo Fund Services, South Africa’s largest third-party administrator, has gone live with Temenos Multifonds Global Accounting platform, completing the first phase migration of funds from its five legacy systems to a single instance of Temenos’ award-winning funds administration platform.

/cloud

Swishfund to be first customer for new Five Degrees cloud-native core banking platform

Five Degrees is delighted to announce Swishfund as its first customer on °neo, its new cloud native core banking platform. Fintech Swishfund was founded in 2016 and provides direct lending products to SME businesses in the Netherlands and the United Kingdom.

/retail

Ohpen forges global partnership with Aspire Systems

Today, Ohpen, the digital banking company, announces it has partnered with global technology services firm, Aspire Systems, to allow its clients to benefit from Aspire’s implementation services.

/retail

Jack Henry joins Akoya data access network

Akoya LLC announced today that Jack Henry & Associates, Inc. has joined the Akoya Data Access Network. The agreement will enable more than 400 banks and credit unions using Jack Henry’s Banno Digital Platform to securely connect with fintechs and data aggregators through the application programming interface (API)-based network this year.

/cloud

Finastra extends partnership with Be | Shaping the Future with managed services cloud proposition

Finastra has extended its long-standing partnership with Be | Shaping the Future (Be), an international group providing consulting, IT and digital engagement services to the financial services industry.

/retail

Fiserv signs Canadian credit unions

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that Healthcare & Municipal Employees' Credit Union (HMECU), based in Hamilton, Ontario, Northern Savings Credit Union, based in Prince Rupert, British Columbia and TCU Financial Group based in Saskatoon, Saskatchewan, will use Fiserv technology to modernize operations and drive innovation.

WEF: Little market-wide agreement on DLT use in capital markets

/regulation

WEF: Little market-wide agreement on DLT use in capital markets

A report from the World Economic Forum (WEF) and Boston Consulting Group (BCG) has found that while distributed ledger technology (DLT) offers the potential for significant market-wide transformation, market participants are still far from adopting this technology at scale at a market-wide level.

/Core banking systems

Uzbekistan's Trustbanks picks ICSFS for Islamic banking launch

Trustbank, one of the leading banks and the first private bank to be providing Islamic banking services in Uzbekistan, has selected ICS BANKS Islamic Banking software solutions from ICS Financial Systems (ICSFS), the global software and services provider for banks and financial institutions.

/wealth

Greece’s Eurobank selects Temenos

Temenos (SIX: TEMN), the banking software company, today announces that Eurobank in Greece has selected Temenos Wealth to strengthen its position in wealth management and affluent segment services.

Fintech, ESG and IFCs: Embedding Sustainable Business Models

/Core banking systems

Fintech, ESG and IFCs: Embedding Sustainable Business Models

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/retail

Levvel and Finxact form partnership

Levvel, an Endava (NYSE: DAVA) company, is honored to announce a partnership with Finxact, a leader in modern core banking solutions.

/payments

Leveris selects Marqeta to bring modern card issuing to its core banking platform

Banking technology company LEVERIS has announced its partnership with Marqeta, the global card issuing platform, to integrate its modern card capabilities within the LEVERIS digital banking platform.

/wholesale

Mashreq to implement Oracle's Transaction Banking platform

Mashreq Bank, one of the United Arab Emirates’ leading financial institutions, is modernizing its award-winning transaction banking capabilities in the Middle East and Africa with Oracle.

/retail

Philippines’ PBCOM goes live with Temenos SaaS

Temenos (SIX: TEMN), the banking software company, today announced that PBCOM (Philippine Bank of Communications) has gone live with Temenos Transact next-generation core banking Software-as-a-Service (SaaS) to offer “digital-first” banking services in the Philippines.

EBAday 2021: Driving correspondent banking success through wider adoption of instant payments

/payments

EBAday 2021: Driving correspondent banking success through wider adoption of instant payments

The shift toward instant payments will undoubtedly provide benefits for consumers, but it is the benefits for institutions and corporates that are likely to revolutionise financial services. However, to reap these benefits financial institutions must navigate the maze of deadlines and coinciding schemes in a proactive manner.

Thought Machine integrates Wise platform into core engine

/payments

Thought Machine integrates Wise platform into core engine

Thought Machine has integrated Wise's international money transfer platform into its core banking engine, Vault.

/retail

Moven welcomes MEA Financial as first US reseller

Moven, the only fintech solution that holds a US patent for financial wellness, has added Monett, Missouri-based MEA Financial to its growing list of partners.

/retail

SA microfinance institution Barko goes live on Temenos SaaS

Temenos (SIX: TEMN), the banking software company, today announced that Barko Financial Services (BFS), a leading microfinance institution in South Africa, has gone live on Temenos Software-as-a-Service to make it faster and easier for South Africans to access finance remotely during Covid-19.

/retail

Nymbus raises funds for credit union service organisation

Nymbus, a leading provider of banking technology solutions, today announced it has completed a significant financing round to advance the development of its new credit union service organization (CUSO), Nymbus CUSO.

Ant Group and Tencent promote their work on digital yuan with PBoC – SCMP

/crypto

Ant Group and Tencent promote their work on digital yuan with PBoC – SCMP

This weekend, the two Chinese fintech giants Ant Group and Tencent prominently displayed posters during the Digital China Summit outlining a “history of cooperation with the PBoC on the digital yuan” according to the South China Morning Post.

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