Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Company update/retail

Linux Foundation creates OpenWallet Foundation

Linux Foundation Europe, an independent trusted supporter and vendor-neutral home for open source projects in Europe, today announced the official formation of the OpenWallet Foundation (OWF).

23 February 2023

Company update/retail

ERI Olympic Banking System certified on Red Hat Enterprise Linux

ERI is proud to announce that its leading technology platform, OLYMPIC Banking System, digitalising front-to-back financial services processes, is certified to run on Red Hat Enterprise Linux and is now available in the Red Hat Ecosystem Catalogue.

02 February 2023

Company update/retail

Fintech Open Source Foundation joins Linux Foundation

The Linux Foundation, the nonprofit organization enabling mass innovation through open collaboration, and the Fintech Open Source Foundation (FINOS), a nonprofit whose mission is to accelerate adoption of open source software, standards and best practices in financial services, today announced that FINOS will become a Linux Foundation organization.

09 April 2020

Company update/wholesale

Deutsche Bank powers Fabric with Red Hat hybrid cloud tech

Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced that Deutsche Bank, Germany’s largest bank, is powering its Fabric application platform with open hybrid cloud technologies from Red Hat.

07 May 2019

News/Linux

Digital Asset open sources smart contract language

Distributed ledger technology firm Digital Asset is open sourcing its DAML smart contract language, opening it up to the developer community.

04 April 2019

Company update/Linux

Edmond de Rothschild banks on LzLabs for modern mainframe alternative

LzLabs today announced Edmond de Rothschild (Suisse) S.A., the investment house, as its latest customer.

15 February 2018

Company update/Linux

Symphony Software Foundation expands open source developer platform

With the successful launch of the Open Source Strategy Forum, a major finance industry-wide conference on open source collaboration, the expansion of its Open Developer Platform to include services from OpenShift and WhiteSource, and Deutsche Bank’s contribution of a major interoperability framework, the Symphony Software Foundation (the Foundation) acts as the venue of choice for financial services firms to collaborate on open source software.

28 November 2017

News/Linux

IBM uses blockchain to improve cross-border payments processing

IBM is leading a project that uses public blockchain technology to make international payments in developing countries more efficient and less expensive.

16 October 2017

Company update/Linux

Bloq CEO join Linux Foundation board

The Linux Foundation, the nonprofit organization enabling mass innovation through open source, has elected Jeff Garzik, CEO and co-founder of Bloq, as their representative to The Linux Foundation Board of Directors.

02 November 2016

Company update/Linux

Hyperledger Project adds another eight members

Hyperledger Project, a collaborative cross-industry effort created to advance blockchain technology, announced today that eight new members have joined the initiative to establish an open standard for distributed ledgers that will transform the way business transactions are conducted globally.

19 May 2016

Company update/Linux

Hyperledger Project makes board appointments and adds new members

The Linux Foundation, the nonprofit organization enabling mass innovation through open source, today is announcing the Hyperledger Project has filled key leadership positions and is welcoming new members.

29 March 2016

News/Linux

Linux Foundation's Hyperledger Project boasts new members and code contributions

The Linux Foundation-led Hyperledger Project has signed up 30 founding members from the technology and financial services sectors, with several donating code to the effort to build a cross-industry open standard for distributed ledgers.

09 February 2016

Company update/Linux

Verifone rolls out Linux-based POS suite

To empower merchants, acquirers, and service providers with new commerce opportunities and experiences in store and protection against escalating security threats—Verifone (NYSE: PAY), the world’s leader in payment and commerce solutions, today announced Verifone Engage, the next generation family of payment devices that globally redefines what’s expected of point-of-sale (POS) hardware and software.

23 October 2015

Company update/Linux

Nucleus Software puts on Red Hat

Nucleus Software Exports Limited (NSE: NUCLEUS, BSE: 531209), the leading provider of mission critical lending and transaction banking products to the global financial services industry, announced a collaboration with Red Hat, the world's leading provider of open source solutions.

04 March 2015

Company update/Linux

UAE Exchange consolidates data centres with Red Hat Linux

Red Hat, Inc. (RHT), the world's leading provider of open source solutions, today announced that UAE Exchange, a leading foreign exchange and money transfer brand, has successfully created a scalable, secure, robust and high-performance datacenter environment by consolidating its IT infrastructure on Red Hat Enterprise Linux.

10 February 2015

News/Linux

SocGen private bank completes two-year project to migrate core banking system to the cloud

Luxembourg private bank Société Générale Bank & Trust has completed a two-year project to migrate its core banking system, comprising ten million lines of code, to a cloud computing architecture.

23 May 2013

News/Linux

Barclays banks on cloud and Linux to slash development costs

Barclays Bank plans to slash software development costs by 90% by building a private cloud infrastructure and moving more applications to machines running the Linux open source operating system.

10 January 2013

News/Linux

OpenMama project serves up first release; welcomes new participants

OpenMama, the middleware agnostic messaging API that went open source last year, has made available a new version and added IBM, Tick42 and TS-Associate to its steering committee.

01 May 2012

News/Linux