Core banking systems

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/Core banking systems

ICFS wins National Bank of Yemen contract

National Bank of Yemen (NBY), one of the largest commercial banks and a prominent contributor to the economic and social development in Yemen; has selected ICS BANKS Digital Banking software from ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, to grow its operations domestically and internationally.

/cloud

MYHSM hooks up to ACI's UP platform

MYHSM announced today that its cloud-based Payment Hardware Security Module (HSM) service can now be added to ACI Worldwide's solutions as a building block of a comprehensive cloud payments strategy for acquirers, issuers, payment processors and banks.

Thought Machine raises $83 million to drive global growth

/Core banking systems

Thought Machine raises $83 million to drive global growth

Core banking provider Thought Machine has banked $83 million in Series B funding, in a round led by Draper Espirt with continuing participation from existing investors Lloyds Banking Group, IQ Capital, Backed and Playfair Capital.

/Core banking systems

Air Academy FCU moves to Fiserv

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that Air Academy Federal Credit Union, headquartered in Colorado Springs, Colorado, has selected a new core account processing platform and suite of integrated solutions from Fiserv to modernize its operations, gain efficiencies and increase overall agility.

/cloud

Libya's ATIB selects Temenos for digital transformation

Temenos (SIX: TEMN), the banking software company, today announced that Assaray Trade and Investment Bank (ATIB) has selected Temenos Infinity and Temenos Transact to power its digital transformation.

2020’s ‘fintech asset class’ is brimming with IPOs

/startups

2020’s ‘fintech asset class’ is brimming with IPOs

With private markets continuing to show strong interest in fintech and many firms reaching maturity, Pawel Szaja, partner at Shearman and Sterling, predicts 2020 will deliver a surge of fintech IPOs.

/Core banking systems

ClickSwitch to deliver account switching technology to Finastra clients

ClickSWITCH today announced that it would deliver ClickSWITCH’s technology to clients of Finastra’s core banking solutions, Fusion Phoenix and Fusion UltraData.

/Core banking systems

Priority One Credit Union converting to Symitar

Jack Henry & Associates' Symitar division today announced that Priority One Credit Union has chosen the Episys platform for its openness to third parties and ability to create cost-saving efficiencies.

/Core banking systems

Bremer Bank taps Backbase to deliver personalised customer experiences

Leading digital banking software provider Backbase today announced that Bremer Bank has chosen the Backbase Digital-First Banking Platform to power its digital transformation to deliver hyper-personalized experiences for their customers.

/cloud

Finastra brings Fusion Phoenix core to the cloud

Finastra has brought its core banking platform, Fusion Phoenix, to the cloud, with Commerce National Bank & Trust of Winter Park, Florida, and Commencement Bank of Tacoma, Washington being the first US banks to access the core solution via public cloud.

/Core banking systems

Yobota selects Credit Kudos as Open Banking provider

Yobota, the cloud-based banking platform provider, has selected leading fintech, Credit Kudos, as its open banking credit bureau, allowing Yobota customers to significantly improve affordability and credit risk modelling.

The Future of Cloud: Powering the Financial Services Industry

/Core banking systems

The Future of Cloud: Powering the Financial Services Industry

1001 downloads

/cloud

Germany's Opel becomes first EU bank to implement FIS Modern Banking Platform

FIS(NYSE: FIS) announced today that Opel Bank in Germany has chosen its next-generation core banking system, FIS Modern Banking Platform, to power its online bank. Opel Bank is the first European-based bank to choose the new platform since its introduction in January.

Swift gpi transferred $77 trillion in 2019

/payments

Swift gpi transferred $77 trillion in 2019

Almost doubling the $40 trillion transferred in 2018, Swift’s transmission of $77 trillion in cross-border payments messages over the gpi platform during 2019 implies that demand for the programme is becoming entrenched in the bank-to-bank space.

/Core banking systems

National Bank of Yemen goes live on ICS Banks Universal Banking Software

National Bank of Yemen (NBY), one of the largest commercial banks and a prominent contributor to the economic and social development in Yemen; has gone live with ICS BANKS Universal Banking Software from ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, to grow its operations domestically and internationally.

/Core banking systems

DCECU goes live on Jack Henry Banno platform

Jack Henry & Associates, Inc.® (NASDAQ:JKHY), a leading provider of technology solutions and payment processing services primarily for the financial services industry, today announced that Dow Chemical Employees’ Credit Union (DCECU) has launched the Banno Digital Platform to provide personal, member-centered online and mobile experiences.

/cloud

TransPecos Bank signs with Nymbus for core tech upgrade

NYMBUS, a provider of the world’s most advanced financial services platform, today announced TransPecos Banks, SSB has selected and is currently converting its existing core, payments and digital banking solutions over to NYMBUS.

/Core banking systems

Xceptor to automate core processing for Deutsche Bank in Indonesia

Deutsche Bank’s Corporate Bank and Xceptor today announced their partnership to automate the bank’s core processes in Indonesia, as part of its broader optimization and digitization strategy.

Fintech workforce to expand 19% by 2030 thanks to AI, Cambridge University predicts

/ai

Fintech workforce to expand 19% by 2030 thanks to AI, Cambridge University predicts

In a recent report, the Cambridge Centre for Alternative Finance (CCAF) and the World Economic Forum (WEF) found that rather than observing AI as a single instrument for blanket application across the industry, AI can be viewed as a toolkit that is being used to tinker and build services in an abundance of ways to achieve a variety of objectives.

/Core banking systems

Bankable forges US deal with Visa

Bankable, the global architect of “Banking as a Service” solutions, today announced a strategic collaboration with Visa in the United States.

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