Core banking systems

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/retail

Tom Shen joins Sensibill as chairman

Sensibill announced today that digital banking veteran Tom Shen has been appointed chair of the board.

SBI invests $20m in core banking-API integration firm OpenLegacy

/Core banking systems

SBI invests $20m in core banking-API integration firm OpenLegacy

Japan's SBI Holdings has invested $20 million in OpenLegacy Technologies, an American software firm that smooths API integration of core banking systems.

/cloud

Jack Henry unveil cloud-based digital banking platform

Jack Henry & Associates, Inc. (NASDAQ:JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Its Jack Henry Banking® division today introduced JHA BankAnywhereSM, a cloud-based digital banking system built on proven core and digital platforms.

Temenos hops on to Google Cloud

/cloud

Temenos hops on to Google Cloud

Looking to capitalise on explosive growth in cloud adoption by banking institutions, Swiss core banking vendor Temenos is extending its partnership with Google Cloud.

/wealth

Pensions administrator TKP signs with Ohpen

Today, TKP Pensioen and core-banking provider Ohpen announce their cooperation in the DC pensions sector.

/retail

Finastra opens new office in Israel

Finastra is investing further in Israel with a new office in Kfar Saba, just outside Tel Aviv.

/security

Finastra to secure app ecosystem with Synopsys

Synopsys, Inc. (Nasdaq: SNPS) and Finastra today announced a partnership establishing an application security validation program for FusionFabric.cloud, Finastra's open platform for developing, deploying and consuming financial applications.

/Core banking systems

Codat joins Temenos Marketplace

Temenos (SIX: TEMN), the banking software company, today announces that Codat has joined Temenos MarketPlace.

Neocova secures $9.5 million in funding from community banking customers

/Core banking systems

Neocova secures $9.5 million in funding from community banking customers

A host of US community banks have rallied around to pump $9.5 million into AI-based, API-driven banking technology supplier Neocova.

/retail

Avaloq core connects with atpoint credit app

Avaloq, the fintech leader in digital banking and wealth management, is launching a long-term partnership with atpoint, a leading fintech company based in Baar in the canton of Zug.

/wholesale

Geneva-based Banque Cramer & Cie extends Avaloq’s BPaaS contract for further ten year term

Geneva-based Banque Cramer & Cie SA has selected Avaloq’s Business Process as a Service (BPaaS) solution for a further 10-year term to support the institution’s future growth ambitions.

/Core banking systems

Sentry Bank selects CSI as core service provider

St. Joseph, Minn.-based Sentry Bank ($223 million in assets) selected Computer Services, Inc. (CSI) (OTCQX: CSVI), a leading provider of financial technology solutions, as its new core processing partner and provider of digital banking solutions for customers.

Tencent and DST Global pump $115 million into Qonto

/Core banking systems

Tencent and DST Global pump $115 million into Qonto

French neobank Qonto has raised $115 million in Series C funding from Tencent and DST Global to double down on existing markets, develop new features to tailor its products to specific markets, and grow staff numbers from 200 to 300 during 2020.

/cloud

Temenos targets US neo banks with purpose-built tech suite

Temenos (SIX: TEMN), the banking software company, today launches a front-to-back banking software as a service designed uniquely for the US market – with pre-integrated U.S. banking products and services designed to deliver an outstanding customer experience.

/Core banking systems

Finastra to provide tech backbone for Asian challenger Tonik

Finastra announced today that TONIK, the first licensed digital-only bank in Southeast Asia, has selected Fusion Essence in the cloud to power its end-to-end core banking capabilities.

/retail

Ohpen appoints Corinne Aaron as head of marketing from Tesla

Leading core banking SaaS solution provider Ohpen, today announces Corinne Aaron as its new head of marketing.

/Core banking systems

Union Bank signs with FIS for core banking overhaul

Union Bank and global technology leader FIS™ (NYSE: FIS) today announced a cooperative agreement to deliver a next-generation core banking platform to power the bank through its next iteration of digital offerings.

/regulation

Former top US Treasury official joins Finxact board

Finxact, the emerging leader in Core-as-a-Service banking, today announced that it has appointed Craig Phillips, former Counselor to the United States Secretary of the Treasury, to its Board of Directors.

/cloud

Temenos rolls out Transact microservices architecture

Temenos (SIX: TEMN), the banking software company, announced that it has reached a major milestone in the delivery of its microservices-based architecture for cloud-native, cloud-agnostic Temenos Transact.

/wealth

Edgelab becomes first white label partner for new Avaloq Wealth Platform

Edgelab, a Swiss-based technology firm that focuses on automated investment recommendations, risk analytics and decision support simulations, has entered into a partnership with Avaloq to become its first white label partner for the firm’s standalone investment management platform: the Avaloq Wealth Platform.

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