Core banking systems

2237 articles tagged with this keyword

/ai

AI and enhancing the human element in financial services

At SIBOS 2019, industry experts will be discussing how the financial services sector is in the vanguard of deploying AI on a global scale and whether the technology will be a transformative force or has the potential to act as an existential threat.

/Core banking systems

Goldman Sachs tech head to step down

The most senior technology executive at Wall Street firm Goldman Sachs is reported to be stepping down amid a clear out of senior partners, raising questions about the direction of Goldman's technology strategy

/cloud

Allied Irish Banks adopts nCino platform

NCino, the worldwide leader in cloud banking, today announced Allied Irish Banks (AIB) will be adopting nCino's Bank Operating System to grow the bank's core business, beginning with its Asset Finance division.

/Core banking systems

B-North selects Mambu for core banking

B-North, the Manchester-based firm building an SME lending bank for the UK, has selected Mambu, the SaaS banking engine, to provide its core banking technology.

/cloud

What are the benefits of being born in the cloud?

An increasing number of challenger banks, neobanks and digital offshoots are being born in the cloud and the technology is now being used by traditional banks and new players alike for all IT needs. Banks that are born in the cloud are at an advantage because legacy players that are in the process of migrating to the cloud are struggling with application modernisation, data centralisation and security.

/cloud

Temenos boosts US position through Kony acquisition

Temenos has strengthened its hand in the US by agreeing to buy digital banking SaaS outfit Kony for $559 million and an earn-out of $21 million.

/Core banking systems

Intesa Sanpaolo completes tech integration with Banque Morval

Intesa Sanpaolo Private Bank (Suisse) SA and Avaloq have successfully onboarded Banque Morval onto Avaloq's Business Process as a Service (BPaaS) solution in just nine months.

/ai

The Future of AI: Applications for banking business transformation

While artificial intelligence has established itself as a disruptive technology for decades, AI is at the peak of the hype cycle now and banks have started to apply this technology to transform traditional models of businesses.

/cloud

Scaling for the next generation with APIs in the cloud

Today’s generation of consumers expect a digital-first experience from their providers. Whether they’re shopping online, streaming content or interacting with financial institutions, anything less than on-demand is no longer acceptable. However, when considering the US, retail banking is not yet fully digital, and customers must still visit a branch to fill out paperwork when opening an account.

/devops

How corporate bankers can leverage open APIs to innovate

Traditional banks are still not meeting the expectations of their customers because of the legacy core systems that most financial institutions are saddled with, preventing innovation.

/Core banking systems

IIG Bank goes live with Temenos

Temenos (SIX: TEMN), the banking software company, today announced that specialist trade finance bank, IIG Bank (Malta) Ltd. has successfully gone live with Temenos Infinity, the ground breaking digital front office product, and Temenos T24 Transact, the next generation in core banking.

/Core banking systems

Mizrahi-Tefahot chooses Temenos for core banking in cap markets

Mizrahi-Tefahot has chosen Temenos T24 Transact from Temenos (SIX: TEMN), the banking software company, to replace its capital market systems.

/regulation

Volkswagen Bank GmbH switches to BearingPoint RegTech solution

With Volkswagen Bank GmbH, another SSM bank has decided on BearingPoint’s software solution Abacus360 Banking Regulatory to fulfil its ECB reporting obligations.

/cloud

Is RegTech encouraging a cloud revolution?

The deployment of new applications and the migration of core systems onto the cloud is in full swing, and financial institutions (FIs) could arguably soon be free of the legacy shackles that prevent them from moving forward into the age of digitalisation.

/Core banking systems

Asian fintech startup, Cheers Paytech, chooses Mambu as core banking system

Cheers Paytech, the Singapore-based fintech, has partnered with Mambu to provide the core banking technology for all wallet accounts to fuel growth.

/Core banking systems

New Zealand's TSB goes live with Temenos Infinity for online account opening

Temenos (SIX: TEMN), the global banking software company announces that New Zealand bank TSB has gone live with Temenos Infinity for online account opening and onboarding in just nine weeks.

/Core banking systems

Finastra sells cloud-based core model to regional startup revverbank

Revverbank, a Manchester-based new bank for regional businesses and savers in the UK, has selected Fusion Essence in the cloud to power its end-to-end core banking capabilities.

/Core banking systems

Busey bank selects Jack Henry SilverLake core

Jack Henry & Associates announced today that Champaign, Ill.-based Busey Bank, and holding company First Busey Corporation, has selected the SilverLake System in an outsourced environment to support the institution’s strong growth with open architecture, improved workflows and enhanced digital capabilities.

/Core banking systems

Kaleyra and Epiphany form Open Banking partnership

Kaleyra, an international leader in mobile messaging services for banks and companies of all sizes, and Epiphany, a technology start-up born in Italy and operating globally, specialised in digital banking solutions that “open up” open banking, have signed a partnership agreement to jointly support banks in their digital transformation efforts, from basic PSD2 compliance to delivering new banking experiences, to enabling core banking modernization.

/ai

Temenos buys Explainable AI firm Logical Glue

Swiss banking software provider Temenos has acquired Logical Glue, a London-based Explainable AI (XAI) specialist with financial services customers in the UK and Europe. Financial terms were not disclosed.