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Top fintech stories this week – 7 December 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place! Big tech companies in the financial world, more and more. Aegon banking tech overhaul Ohpen-s the throttle...
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NCB Employees Co-operative Credit Union in tech revamp with Smart Solution
Smart Solution gains new core banking system client in Jamaica Canada-based fintech vendor Smart Solution has signed a deal in Jamaica, with NCB Employees Co-operative Credit Union (NCBECCU). The...
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First Abu Dhabi Bank goes live on Temenos T24 core system
First Abu Dhabi Bank (FAB), the entity created by the merger of First Gulf Bank (FGB) and National Bank of Abu Dhabi (NBAD), has gone live on Temenos’ T24 core banking system. 18-month implementation...
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Camden National Bank outsources SilverLake core with Jack Henry
Camden National Bank is updating its technology infrastructure with Jack Henry and Associates. The bank has migrated its SilverLake System to an outsourced environment, to support large core...
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Evry wins $75m Handelsbanken contract
Less than a month after landing a deal worth almost $77 million, Nordic IT company Evry announced it has inked a $75 million contract with Handelsbanken in Finland, reports Julie Muhn at Finovate....
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Hammurabi Commercial Bank in Iraq signs for ICS Banks
Hammurabi Commercial Bank, a bank established by the Central Bank of Iraq, has selected ICS Banks Universal Banking Software Suite, by banking tech firm ICS Financial Systems (ICSFS), to support is...
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Isracard plots banking action with Temenos T24 core system
Israel-based credit card firm Isracard has selected Temenos’ T24 core banking system to simplify its systems architecture and look around for extra action. There aren’t a lot of specifics but Temenos...
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Finastra scores win in Myanmar with KBZ Bank
Kanbawza (KBZ) Bank, a privately-owned bank in Myanmar, has selected Finastra and its treasury management solution, Fusion Treasury, to enable straight-through-processing (STP). KBZ Bank seeks to move...
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White paper: Delivering a great omnichannel banking experience with in-memory...
Today, the majority of banking customers use digital channels. But being a digital bank by itself is clearly not enough. According to one study, customers who only use digital channels are among the...
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Volt prepares for Australian open banking with Temenos
Australian challenger Volt Bank has gone live with Temenos’ T24 core banking system, financial crime mitigation and analytics on the cloud. This will enable Volt Bank to accelerate the deployment of...
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Top ten core banking system projects in 2018
Core banking tech is on! Core banking software is back in fashion! Here is a compilation of the banks’ tech overhaul efforts from across the globe: Redwood Bank first in UK to put core banking tech on...
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Three Midwestern credit unions sign up for Fiserv’s DNA
Ideal Credit Union, TopLine Federal Credit Union and Dakota West Credit Union have each selected Fiserv to modernise their systems and services. The three Midwestern credit unions will use the DNA...
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PayPal picks Temenos T24 core banking system
PayPal in paytech revamp with Temenos PayPal has selected Temenos’ T24 core banking system, delivered in the cloud. The system will support several of PayPal’s businesses across multiple geographies,...
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Sparda banks turn to Sopra Banking Software for tech overhaul
Sopra Steria in “exclusive negotiations” with seven German banks French tech heavyweight Sopra Steria says it has entered into “exclusive negotiations” with seven banks of Sparda banking group, based...
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Top ten banking tech case studies in 2018
Tech modernisation: full speed ahead Banks and financial institutions from around the world have been sharing with us their tech modernisation experiences. Here are the top case studies of 2018: Live...
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Top ten digital bank initiatives in 2018
So you have heard about challenger banks. And probably, way too much. Don’t let the year end without our digital bank initiatives in our highlights. HSBC preparing challenger bank on the side The old...
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Fiserv fuels Mi Bank’s de novo launch
Mi Bank, Michigan’s first de novo bank in a decade, is set to debut early this year. The new financial institution says it will leverage technology from Fiserv, including DNA’s core banking system, to...
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Coventry Building Society chucks out Accenture from core banking project
The UK’s Coventry Building Society has decided to drop Accenture from its core banking project. Responded on the same day As reported in June 2018, the society chosen Temenos’ T24 system for a digital...
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Fiserv outrageously happy with outsourcing wins
Fiserv is living the fintech dream as more than 80 of its bank clients have completed a migration to outsourced core processing in the past 24 months. This heightened state of happiness is set to...
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Kuwait’s central bank goes live with TCS Bancs
The Central Bank of Kuwait (CBK) is now operational on the banking platform TCS Bancs from Tata Consultancy Services (TCS). CBK is the banker to the Government of Kuwait, responsible for the country’s...
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