Core banking systems

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/Core banking systems

Trustbank Amanah uses iMAL Islamic core banking platform to power Suriname’s first Islamic bank

Path Solutions, a leading global Islamic core banking software, consulting and services organization, announced today that Trustbank Suriname, now Trustbank Amanah, has gone live on iMAL Islamic core banking platform with the successful transition of the bank from conventional to Islamic banking business model, a major milestone in the South American banking system as large banks in South America are tipped to tap into growing Sharia-compliant demand.

Ohpen raises EUR25 million for overseas expansion

/Core banking systems

Ohpen raises EUR25 million for overseas expansion

Core banking provider Ohpen has closed a €25 million Series C investment round with PE firm Amerborgh as it prepares to take its SaaS-based platform into new territories.

/Core banking systems

Salesforce invests in nCino

NCino, the worldwide leader in cloud banking, today announced that its customer portfolio now includes more than 180 financial institutions across multiple countries, including 10 of the top 30 U.S. banks by asset size and Navy Federal, the world’s largest credit union.

/Core banking systems

Temenos names Emily Steele president for North America

Temenos (SIX: TEMN), the software specialist for banking and finance, today announced that it has appointed Emily Steele as President in North America, effective immediately.

/Core banking systems

Finabank selects Temenos core banking package

Temenos (SIX: TEMN), the software specialist for banking and finance, today announces that Finabank, the fourth largest commercial bank in Suriname, has signed for Temenos T24 Core Banking, Channels, Business Intelligence and Financial Crime Mitigation.

Finastra acquires eFX trading supplier Olfa Soft

/Core banking systems

Finastra acquires eFX trading supplier Olfa Soft

Finastra has acquired Geneva-based eFX supplier Olfa Soft to capitalise on an ongoing shift to automated machine-to-machine electronic trading in currency markets.

/Core banking systems

EFG completes migration to Temenos core platform

Temenos (SIX: TEMN), the software specialist for banking and finance, today announces that Swiss private bank EFG International (EFG) has successfully completed the migration of all former BSI businesses onto EFG’s IT platform, based on the Temenos core banking system in December 2017.

/Core banking systems

Nordea core banking project on budget

Nordea's CEO Casper von Koskull's comments on Fourth Quarter and Full Year Results 2017.

/Core banking systems

Nucleus Software reports double-digit revenue growth in Q3

Nucleus Software, the leading provider of lending and transaction banking solutions to the global financial services industry, announced its financial results for the quarter and nine months ended 31st December, 2017.

/Core banking systems

VSoft embraces biometrics for Arya digital banking platform

Arya, an intelligent, open architecture digital services platform for both personal and business account holders, today announced the addition of fingerprint authentication for mobile devices and facial recognition for iPhone users to its fully integrated digital banking platform.

/Core banking systems

Four credit unions select MDT to host core processing

Member Driven Technologies (MDT), a CUSO providing credit unions with a private cloud alternative for core banking and IT needs, today announced that People Driven Credit Union, OUR Credit Union, Cardinal Credit Union, and Veritas Federal Credit Union have selected MDT to host the Symitar Episys platform and provide critical IT solutions for their institutions.

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Finastra welcome new partners to FusionFabric.cloud

At its regional flagship thought leadership event, Finastra Universe Paris, Finastra today welcomed new companies to the FusionFabric.cloud open architecture.

/Core banking systems

First Foundation Bank expands Fiserv relationship

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced First Foundation Bank, based in Irvine, Calif., has extended and expanded its relationship with Fiserv to meet the growing technological needs of its diverse customer base.

/Core banking systems

Swedbank Norway renews contract with EVRY for core banking

In order to be in a position to offer the banking services of the future, Swedbank has chosen to renew its agreement with EVRY for the delivery of solutions for banking operations, including next-generation core banking and payment solutions.

/Core banking systems

JMR Infotech completes data migration for Nepalese bank

JMR Infotech, a leading technology solutions and services provider, announced that they have successfully executed the data migration project, across the merged and acquired entities, to help Nepal’s Janata Bank lower its cost of operations and also roll out superior features and services to its customers.

/Core banking systems

Crealogix acquires Innofis

CREALOGIX, the Leader in Digital Banking Solutions will acquire 100% of the Barcelona-based Innofis - a well-established digital banking supplier for the Middle East, serving leading banks of the region.

/Core banking systems

Alrajih Islamic Bank for Investment and Financing opts for iMAL from Path Solutions

Path Solutions, the global provider of software solutions and services for Islamic banks and financial institutions, announces that Alrajih Islamic Bank for Investment and Financing (“Alrajih Islamic Bank”) has selected the multi-award winning Islamic core banking system iMAL ahead of ICS Financial Systems’ ICS BANKS ISLAMIC, to engage in banking activities in accordance with the provisions of Islamic law.

/Core banking systems

Navy Federal to implement nCino Bank Operating System

nCino, the worldwide leader in cloud banking, today announced Navy Federal Credit Union will leverage its Bank Operating System to support its growing membership.

/Core banking systems

MCCCU selects Fiserv for new core platform

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that Ontario-based Motor City Community Credit Union (MCCCU) will leverage the modern technology and flexibility of the DNA™ account processing platform to meet the fast-changing needs of the credit union’s 14,000 members.

/Core banking systems

Avaloq chair Fernandez hands over CEO role to Juerg Hunziker

Francisco Fernandez had onboarded Juerg Hunziker as the Deputy Group CEO and Group CMO in 2016.

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