Core banking systems

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The Payments Firm selects SaaScada as core banking engine

NextGen data-driven core banking engine, SaaScada, today announced it was selected by Electronic Money Institution (EMI) The Payment Firm to power its new payment services for SMEs and individuals.

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Cambridge building society extends finova partnership

Finova, the UK’s largest cloud-based mortgages and savings software provider, today announced the extension of its partnership with The Cambridge until October 2030.

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NTT DATA builds core banking Center of Excellence on Tuum technology

NTT DATA, a global business and IT services leader, today announces the launch of a corporate Center of Excellence (CoE), based in Iberia, focused on using cloud native technology from Tuum to ease deployments and reduce time-to-market for banks looking to replace core systems.

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Audax and Thought Machine join forces

audax Financial Technology (“audax”), a comprehensive digital banking technology solutions provider backed by Standard Chartered, and Thought Machine, a global leader in next-generation core banking technology, have announced a strategic partnership to transform and modernise the banking technology landscape.

Mastering DORA: A Strategic Guide to Operational Resilience

/Core banking systems

Mastering DORA: A Strategic Guide to Operational Resilience

582 downloads

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Akur8 signs Georgia Farm Bureau Mutual Insurance Company

Akur8, the next generation insurance pricing solution powered by transparent machine learning, is thrilled to announce that Georgia Farm Bureau Mutual Insurance Company, a company offering coverage for farm insurance in addition to virtually every line of insurance in the state of Georgia, has selected Akur8’s Core Platform solution to efficiently build high performing, explainable pricing models.

/retail

Lithuania’s Šiaulių Bankas selects Temenos SaaS to modernize core banking

Temenos (SIX: TEMN), today announced that Šiaulių Bankas, the largest independently-owned bank in Lithuania with over €4 billion in assets, has selected Temenos to modernize its core banking platform.

/cloud

Orion Innovation wins Africa and Gulf Bank deal

Orion Innovation (“Orion”), a leading digital transformation and product development services firm, is excited to announce it has signed a deal with Africa and Gulf Bank (“AGB”) to modernize the bank’s banking products and services.

Temenos to conduct independent review of Hindenburg allegations

/retail

Temenos to conduct independent review of Hindenburg allegations

Shares in embattled core banking vendor Temenos continued to wobble as the company reported full year results ahead of guidance but forecast slower growth in 2024 net earnings.

/retail

Commerce implements loan origination on Temenos banking platform

Temenos (SIX: TEMN), today announced that Commerce Bank, a top US bank, has gone live with Temenos’ (Infinity) loan origination solution, increasing operational efficiency and delivering a frictionless, hyper-personalized customer experience.

Activist investor defends Temenos but calls for CEO's removal

/people

Activist investor defends Temenos but calls for CEO's removal

Activist investor Petrus Advisers has called for the ouster of Temenos interim CEO Andreas Andreades in the wake of allegations made this week by Hindenburg Research. However, Petrus has rejected some of Hindenburg's criticisms of the Swiss fintech, arguing that it has recently made "substantial progress".

Temenos fights back against Hindenburg report allegations

/retail

Temenos fights back against Hindenburg report allegations

Swiss core banking vendor Temenos has hit back at Hindenburg Research, insisting that the damning report published yesterday by the activist investment firm contains "factual inaccuracies" and "false and misleading allegations".

Temenos shares plunge on damning report

/retail

Temenos shares plunge on damning report

Shares in Swiss core banking vendor Temenos have plunged, after Hindenburg Research shorted the company alleging "accounting irregularities, failed products and an illusive turnaround".

/identity

Facephi identity verification now available on Temenos Exchange

Temenos Exchange clients can now access a suite of top identity verification solutions to streamline customer onboarding, manage digital identity, mitigate fraud and simplify the KYC processes.

/people

Tuum welcomes Raquel Guillot as new sales partner director

Tuum is pleased to announce the appointment of Raquel Guillot as the new Sales Partner Director, a significant addition to our leadership team with a laser focus on the Southern European market.

/retail

Nordic Capital acquires Zafin

Nordic Capital has signed an agreement to acquire a majority share in Zafin, a leading provider of SaaS core modernization and transformation solutions for financial institutions around the world.

/wholesale

Mechanics and Farmers Bank goes live on nCino cloud banking platform

nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, has announced that Mechanics and Farmers Bank (M&F), the second-oldest African American owned bank in the United States, is live on the nCino Cloud Banking Platform.

/retail

PayU's LazyPay migrates to Thought Machine

PayU, India’s leading payment solutions provider, today announces it has successfully migrated its credit service, LazyPay, to Thought Machine’s cloud-native core banking platform, Vault Core, and is now live.

/cloud

Segura Bank International goes live with Temenos core banking in the cloud

Temenos (SIX: TEMN) today announced that Puerto-Rico headquartered Segura Bank International, Corp. (“SBI”) has gone live with Temenos core banking platform deployed in the cloud to power a new digital bank for mid to high earners in Latin America.

10x signs first African client

/retail

10x signs first African client

Core banking vendor 10x has sealed a deal with its first African client, Old Mutual, the pan-African investment, savings, insurance, and banking group.

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