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Motor City Community Credit Union in core banking tech revamp with Fiserv and...

Canada-based Motor City Community Credit Union (MCCCU) has signed to implement the DNA core banking platform from Fiserv. Fiserv’s local partner, Celero, will coordinate the migration to the new system...

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Top fintech stories this week – 5 January 2018

The catastrophic catalogue of conjectures Catch up on Banking Technology’s top five fintech stories of the week – all in one place! Wall Street Systems takes European Central Bank to court over tech...

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Conister Bank in core banking tech revamp with TCS

Finastra’s Bankmaster core tech out, TCS Bancs in EXCLUSIVE: Conister Bank, a community bank in the Isle of Man, is modernising its core banking platform, FinTech Futures understands. The bank is...

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Eight US credit unions to move to FLEX core banking tech in 2018

More US credit unions in core tech upgrades US-based core processor FLEX finished 2017 with the conversion of eight credit unions onto its tech and eight more signed to move in 2018. The credit unions...

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Harrods Bank acquired by challenger Tandem

Farewell, Harrods Bank UK-based challenger bank Tandem has acquired Harrods Bank following regulatory approval. Tandem says it will “benefit from around £80 million of capital coming into the...

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Member Driven Technologies adds four US credit unions

Four credit unions in the US have selected Member Driven Technologies (MDT) to host the Symitar Episys core banking platform and provide IT solutions for their institutions. The quartet comprise People...

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EFG and BSI unite on Temenos T24 core banking system

EFG and BSI unite on Temenos’ T24 core banking tech Swiss private bank EFG International has competed the migration of all former BSI business onto its technology platform, Temenos’ T24. The BSI...

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PostFinance in core banking tech upgrade

PostFinance updates core banking tech PostFinance, Swiss Post’s financial services arm, will be updating its core banking software over the Easter weekend. The system is TCS Bancs supplied by...

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Finabank in core banking tech revamp with Temenos and Sofgen

Eblein Frangie, Finabank (left) and Enrique O’Reilly, Temenos (right) Finabank in Suriname has signed for a front-to-back office suite of tech from Temenos to drive its “multi-lingual [Dutch and...

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Banking Technology February 2018 issue out now

Banking Technology February 2018 Vision dreams of passion. And all the while I think of fintech. The latest edition of our flagship magazine – Banking Technology – is out now, packed with news,...

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Case study: Sberbank – tech them on

Sberbank now benchmarks its performance against technology companies not other banks. Despite massive market share, it sees plenty of threats and it is seeking to respond at speed and scale. Everything...

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ION acquires treasury management tech vendor Openlink

Openlink acquired by ION Openlink Financial, a provider of trading and risk management tech for the energy, commodities and financial services industries, has been acquired by ION Investment Group. The...

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Myanmar Citizens Banks signs for Temenos’ T24 core banking system

New core banking tech deal for Temenos in Myanmar Myanmar Citizens Bank (MCB) has signed for Temenos’ T24 core banking system, FinTech Futures understands. The implementation partner is Techmill...

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New go-lives and clients for core banking tech vendor BML Istisharat

New core banking tech go-lives and clients for BML Istisharat Lebanon-based BLC Bank has ousted the legacy Ambit Treasury Management (Quantum) system from FIS/Sungard in favour of BML Istisharat’s...

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Banco Postal implements Fiorano’s integration software

Fun with flags Banco Postal, Angola’s ethical bank, has implemented Fiorano Software’s platform “to tackle integration challenges in its digital transformation journey”, according to the vendor. Banco...

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Techmill and Temenos to deploy new core banking system at CHDB

CHDB signs for Temenos Construction and Housing Development Bank (CHDB) in Myanmar is replacing its legacy core banking system with Temenos’ T24. The bank will implement the R17 version of the system....

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Five new core banking tech clients for CSI

Five new banking tech clients for CSI Computer Services Inc (CSI), a US-based provider of banking software, has signed five new banks for its core processing and digital banking tech. These are: Studio...

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Abcul searches for new CEO as Mark Lyonette moves on

Mark Lyonette is leaving Abcul The Association of British Credit Unions Limited (Abcul) is looking for a new leader as the incumbent chief executive of 20 years is leaving the company. Lyonette will...

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Stanbic Bank in core banking system upgrade with Validata

Validata gains new client in Africa Validata has gained a new taker in Africa for its quality assurance software. This is understood to be Stanbic Bank in Kenya. Stanbic Bank is upgrading its core...

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KBC in group-wide tech renovation project with Temenos

Belgium-based banking group KBC is undergoing a major technology modernisation enterprise wide, with Temenos as the main tech supplier. Temenos is already supplying its flagship T24 core banking system...

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