Video: Top fintech stories this week – 14 January 2020
The FinTech Futures weekly round-up of the industry’s top stories and happenings from across the globe. This week we cover: Klarna buys Italian paytech Moneymour UniCredit outlines 6,000 job cuts and...
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Opel Bank becomes first European lender to pick FIS Modern Banking Platform
Germany-based Opel Bank has selected the FIS Modern Banking Platform, making it the first European lender to do so. FIS unveiled the Modern Banking Platform in January Opel Bank, founded in 1929 as...
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Aafaq Islamic Finance goes live on Infosys Finacle
UAE-based aafaq Islamic Finance has gone live with core banking, Islamic banking and payments solutions from Infosys. aafaq has revamped its digital, payments and Islamic banking with Infosys...
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US banks debut cloud-based Finastra Phoenix platform
Two US-based banks have become the first to deploy Finastra’s Fusion Phoenix core banking solution in the cloud. Fusion Phoenix is available on the Microsoft Azure public cloud Florida-based Commerce...
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Priority One Credit Union kicks off conversion to Episys core system
California-based Priority One Credit Union has selected the Episys core system from Jack Henry & Associates’ Symitar division. Priority One CU is based in South Pasadena, California Founded in...
View ArticleVideo: Top fintech stories this week – 21 February 2020
The FinTech Futures weekly round-up of the industry’s top stories and happenings from across the globe. This week we cover: Morgan Stanley to buy E-Trade for $13bn in bid to tap online traders...
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Hong Kong’s virtual challenger Za Bank selects Fiserv for card payments
ZA Bank, one of the first virtual banks to get a licence in Hong Kong, has chosen Fiserv’s payment technology VisionPlus to power its entire card payment life-cycle. Fiserv’s VisionPlus is an...
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Banks rely on big bang system replacements to cope with real-time demand
When it comes to core systems replacement, the banking industry is still set on big bang installations, driven in part by demands for real-time service. Vikram Gupta, Oracle That’s according to Vikram...
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Assaray Trade and Investment Bank kicks off digital overhaul with Temenos
Libya’s Assaray Trade and Investment Bank (ATIB) has selected Temenos and its Infinity and Transact systems to underpin the launch of new digital Islamic banking products. Temenos is providing Transact...
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Air Academy Federal Credit Union selects Fiserv DNA
Colorado-based Air Academy Federal Credit Union has selected Fiserv DNA as its new core processing platform, alongside a suite of integrated subsidiary systems. According to the vendor, AAFCU decided...
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Thought Machine completes $83m Series B funding round
Cloud core banking firm Thought Machine has closed a Series B funding round worth $83 million. Thought Machine founder and CEO, Paul Taylor Thought Machine’s existing investors (Lloyds Banking Group,...
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Jack Henry gets three-in-one deal for SilverLake with New Hampshire Mutual...
Three banks under the New Hampshire Mutual Bancorp (NHMB) umbrella have migrated or will be migrating to the cloud hosted SilverLake core processing platform from Jack Henry & Associates. NHMB...
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Virgin Money Australia picks Temenos Transact as new core system
Virgin Money Australia, a division of Bank of Queensland (BOQ), has kicked off a systems change by selecting Swiss technology firm Temenos. Temenos is deploying Transact and Infinity at the bank Virgin...
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White paper: Temenos recognised as a leader in the Forrester Wave™ for...
Forrester names Temenos leader among digital banking engagement platforms Temenos was named a leader among Digital Banking Engagement platforms according to The Forrester Wave: Digital Banking...
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Mambu to power Australian credit firm Nimble
Australian credit provider Nimble has selected Mambu’s cloud-based banking platform as part of its drive towards becoming a full-fledged digital bank. Nimble has provided credit to 1.6m Australians...
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Vantage Bank Texas signs up Backbase to revamp digital banking
Vantage Bank Texas has selected Backbase and its digital banking platform to consolidate the services it offers to customers. Backbase CEO calls the deal “particularly exciting” The bank, founded in...
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Banking Technology March issue out now
Keep calm and carry on The latest edition of our flagship magazine – Banking Technology – is out now, packed with news, analysis and insights, case studies, research and expert commentary. A note from...
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FirstBank picks Finxact to replace 35 year-old core banking system
FirstBank, a Colorado-based bank for businesses and consumers, has selected Finxact to help it launch a series of new digital products using the Finxact Core platform. FirstBank has 115 branches across...
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Community Bank Bangladesh goes live on Infosys Finacle in 48 days
Community Bank Bangladesh has gone live on Infosys Finacle, following an implementation period of just 48 days. Infosys Finacle to power new Bangladesh bank The bank is part of a new cohort of banks in...
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Aussie neobank Hay chooses Mambu’s cloud banking platform
Hay, the Australian challenger bank which opened its waiting list last month, has formed a partnership with the cloud banking platform provider, Mambu. The neobank, set up by former UK-based Shawbrook...
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