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IBM updates Financial Transaction Manager for Red Hat OpenShift

IBM (NYSE: IBM) today announced the release of a new version of its Financial Transaction Manager (FTM) solution, updated and containerized to run on Red Hat OpenShift and designed to help banks and financial institutions take advantage of the flexibility of hybrid cloud.

/cloud

Stripe reports Salesforce deal

Today Stripe announced that it was named a Leader in the Forrester Wave™ report on Global Merchant Payments Providers, Q3 2020, achieving the highest scores by any ranked company in both strategy and current offering.

/cloud

Tibco issues new analytics package

TIBCO Software Inc., a global leader in enterprise data, empowers its customers to connect, unify, and confidently predict business outcomes, solving the world’s most complex data-driven challenges.

/cloud

Volante selected to work with Goldman Sachs on digital bank

Volante Technologies, the global leader in cloud payments and financial messaging, today announced that Volante has been collaborating with Goldman Sachs Bank USA (“Goldman Sachs”) to provide the payments technology underpinning the bank’s recently launched digital transaction banking service built entirely from scratch in the cloud, an industry first.

/cloud

Temenos makes 90 second onboarding pledge

Temenos (SIX: TEMN), the banking software company, today announced that Temenos Infinity now offers a real-time, end-to end account opening and onboarding digital experience in just seconds. The account is fully funded and ready for customer use

/cloud

ClearBank and Tide granted £25m to aid SMEs recovery

ClearBank, the cloud-native clearing bank, in partnership with Tide, the UK’s leading business banking platform[1], have been awarded £25m to help UK SMEs turn recovery from the coronavirus crisis into a growth opportunity.

/cloud

Mphasis and Upswot partner for alternative data provision

Mphasis, an Information Technology (IT) solutions provider specializing in cloud and cognitive services, today announced its strategic partnership with US-based Upswot, a fintech startup, that provides an innovative technology platform to help banks and other financial institutions increase sales and marketing insights for business banking customers, through alternative data.

/cloud

Finastra brings financial inclusion to developing markets in APAC

Finastra has announced plans around a range of initiatives which will enable its customers to accelerate through change, as well as creating positive outcomes for millions of people around the world. The move is part of the company’s ongoing innovation and open cloud platform strategy.

/cloud

Paragon Bank and TruNarrative join forces to automate due diligence

Paragon Bank has procured business onboarding and automated due diligence technology services from RegTech firm, TruNarrative.

/cloud

BlueShore extends core banking deal with Temenos

Temenos (SIX: TEMN), the banking software company, today announced that BlueShore Financial has implemented additional functionality for Temenos Transact, the next generation in core banking.

/cloud

Aussie neo bank Volt partners with Microsoft

Microsoft today announced a strategic partnership with Australia’s first neobank, Volt, to develop “Volt 2.0” - a next-generation Banking as a Service (BaaS) platform, slated for release in 2021.

/cloud

Live Oak Bank moves to Finxact cloud-native core

Finxact, the leader in Core as a Service banking, announced today that Live Oak Bank (Live Oak), the nation's leading small business bank, is now powering its digital banking ecosystem with the Finxact core.

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