Latest Core banking systems News: Finextra Research

Company update/retail

Texas Farm Credit deploys nCino platform

NCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that Texas Farm Credit (TFC) has deployed the nCino Bank Operating System to improve and digitize its rural property lending processes.

24 September 2020

Company update/retail

Temenos makes 90 second onboarding pledge

Temenos (SIX: TEMN), the banking software company, today announced that Temenos Infinity now offers a real-time, end-to end account opening and onboarding digital experience in just seconds. The account is fully funded and ready for customer use

23 September 2020

News/people

Thought Machine names ex-HSBC COO Maguire chair

Cloud-native core banking provider Thought Machine has appointed former HSBC group chief operating officer Andy Maguire as chair.

23 September 2020

News/payments

ClearBank dances on the cloud’s silver lining thanks to Covid-19

For the latest feather in its cap, the cloud-based ClearBank became the first clearing bank to offer multi-currency bank accounts via API. Partnering with JP Morgan, ClearBank will offer clients the ability to move funds between accounts through an API-based connection to JPMorgan, but this is just one step in what promises to be a period of strong growth for the firm.

22 September 2020

Company update/cloud

BlueShore extends core banking deal with Temenos

Temenos (SIX: TEMN), the banking software company, today announced that BlueShore Financial has implemented additional functionality for Temenos Transact, the next generation in core banking.

22 September 2020

News/inclusion

Finastra to prioritise tackling financial exclusion and SME funding issues

As part of its accelerated innovation mission and open cloud platform strategy, Finastra has set forth a plan to support nine million lives around the world and focus on resolving the SME funding gap, inequality in financial services and financial exclusion.

22 September 2020

Company update/cloud

Live Oak Bank moves to Finxact cloud-native core

Finxact, the leader in Core as a Service banking, announced today that Live Oak Bank (Live Oak), the nation's leading small business bank, is now powering its digital banking ecosystem with the Finxact core.

21 September 2020

Company update/retail

Avaloq names Confinale’s premium implementation partner

Avaloq, a leader in digital banking solutions announces Confinale’s upgrade to “Premium Implementation Partner” status and introduces Infinogy as a new “Special Service Partner”.

21 September 2020

Company update/Core banking systems

Amana Bank turns to Path Solutions for legacy IT replacement

Amana Bank, a leading Islamic bank in Somalia today announced that it has selected iMAL, the AAOIFI-certified core banking platform from Path Solutions to replace its legacy IT system and deploy a single, cloud-based digital banking platform to underpin its banking operations.

16 September 2020

Company update/Core banking systems

OU Federal Credit signs with Corelation

To remain competitive in the marketplace, strategies need to be structured on creating efficiencies using digital innovation.

16 September 2020

Research/Core banking systems

Increasing Resilience in Collaborative Financial Services

16 September 2020 84 downloads

Company update/Core banking systems

Elevations Credit Union chose Temenos Infinity

Temenos (SIX: TEMN), the banking software company, today announced that Elevations Credit Union selected Temenos Infinity delivered on the cloud to digitally transform its member experience.

15 September 2020

Company update/retail

Elko Federal Credit Union signs with Corelation

Elko Federal Credit Union ($203 million assets; 15,600 members; Elko, NV) was founded over 60 years ago on the premise that when people band together, they can achieve greater objectives for each individual.

11 September 2020

Company update/Core banking systems

Australian fintech Ignition Advice joins Avaloq partner ecosystem

Ignition Advice continues its strong growth strategy, announcing a global partnership with one of the world’s leading financial services and digital technology providers, Avaloq.

10 September 2020

News/retail

Ohpen acquires mortgage fintech Davinci

Dutch fintech Ohpen has acquired cross-border loan and mortgages Software as a Service (SaaS) provider Davinci.

08 September 2020

News/wealth

Avaloq stake suitors include ION and NEC - Bloomberg

ION, NEC and a host of private equity firms are in the running to buy Warburg Pincus's 45% stake in Swiss fintech house Avaloq, according to Bloomberg.

04 September 2020

Company update/retail

Guilford Savings Bank expands Jack Henry partnership

Jack Henry & Associates, Inc. (NASDAQ:JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry.

03 September 2020

Company update/sustainable

Avaloq awarded climate neutral company label by South Pole

Avaloq, a global leader in digital banking solutions and wealth management technology, has obtained the Climate Neutral Company label by leading international climate solutions provider South Pole and achieved its aim of sourcing 100% of its energy from renewable sources.

03 September 2020

Research/Core banking systems

The Future of Fintech 2020

03 September 2020 959 downloads

Company update/cloud

Varo goes live on Temenos core platform

Temenos (SIX: TEMN), the banking software company, today announced that its cloud-native technology platform has gone live with Varo Bank, N.A. (“Varo”). Varo, the first consumer fintech granted a national bank charter in the US, is using Temenos Transact as its core banking technology.

01 September 2020