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Two credit unions go live on Corelation KeyStone
Two credit unions in the US have gone live on core processing software supplied by Corelation. The two go-lives were separated by six time zones Pennsylvania-based Cross Valley Federal Credit Union...
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Report: Ten trends in reshaping banking in 2020
The ten trends featured in the ‘Infosys Finacle ‘Scale Digital’ report have been selected and curated to reflect the shifts across these five areas – business model, agile organisation, ubiquitous...
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Banking is moving to a dual core
In my last post I discussed the separation of manufacturing and distribution in banking and fleetingly mentioned “digital banking platforms” (DBP) aka digital banking engagement platforms as coined by...
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Thought Machine taps Cognizant for new managing director
Core banking provider, Thought Machine, has snapped up Mark Vasey from the consultancy firm, Cognizant, to be its new managing director. Mark Vasey, new managing director at Thought Machine Vasey...
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Credit Sesame’s banking service uses i2c payments platform
Credit Sesame, the California-based credit and loan finder, has chosen payments solution provider i2c to power its digital banking service, Sesame Cash. Sesame Cash will use i2c’s platform to set and...
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Millennium Banque Privée outsources Olympic system with Swisscom
Millennium Banque Privée aims for flexibility via outsourcing Swiss bank Millennium Banque Privée has outsourced the operation of its ERI Bancaire Olympic core banking software to Swisscom. The bank...
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Is your bank rotten to the core?
Core banking has evolved over time as banks became more sophisticated in managing customers and the breadth and variety of products they offer. I covered the “new core” for customer management, digital...
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MFMi Group picks Mambu to power new suite of Islamic products
Malaysian firm MFMi Group has charged technology firm Mambu with underpinning its new digital Islamic financial services venture. Around two million people in Malaysia are underbanked The group is part...
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National Bank of Pakistan modernises pool management
National Bank of Pakistan (NBP) has upgraded its pool management system with ten-year-long partner Codebase Technologies (CBT). NBP is a Pakistani government-owned commercial bank and a subsidiary of...
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The Peoples Community Bank picks Finastra for new core system
Wisconsin-based The Peoples Community Bank has signed an extended technology deal with Finastra to deploy its Fusion Phoenix core system. The Peoples Community Bank is an existing Finastra client...
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Sèvis Finansye Fonkoze upgrades core systems with Temenos and SG NewTech
Haitian microfinance firm, Sèvis Finansye Fonkoze (SFF), is upgrading its Temenos core banking platform and installing a suite of new systems. Fonkoze is the largest microfinance firm in Haiti SFF...
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Report: A new decade of core banking transformation
In a world where headlines can be dominated by new technology like artificial intelligence, quantum computing, application programming interfaces (APIs) and more, it can be easy to overlook the...
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Ziraat Bank Greece switches to Natech banking suite
Ziraat Bank, the oldest Turkish Bank has gone live on Natech Core Banking CSB2 and Poseidon AML flagship systems on its Greek branches. The successful switch enables Ziraat Bank to revamp operational...
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LemonTree Software aims to disrupt back and middle-office systems
For the last decade or more, some of the world’s largest financial institutions (FIs) have embarked on ongoing and expensive legacy system overhauls. These technology revamps usually take two routes....
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The changing landscape of banking
Nick Lawler, DPR: choosing the right banking technology partner is crucial The UK banking landscape changed dramatically following the financial crisis of 2008. Since then the Bank of England has...
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Strategic Bank selects iFinancial’s software
Strategic Bank has chosen iFinancial’s software to help with the delivery of their core banking services and digital banking solutions. Strategic Bank, a private bank based in Puerto Rico, have signed...
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ApoBank contracts auditors over ongoing IT transformation issues
German cooperative bank Deutsche Apotheker- und Ärztebank (apoBank) has appointed auditors to oversee a wholesale technology transformation featuring Avaloq core banking software. ApoBank has worked...
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11:FS makes second round of cuts, this time to 11:FS Foundry
Fintech consultancy 11:FS is restructuring its technology arm, the 11:FS Foundry, which allows banks to plug into new services without ripping out their legacy backend systems. Run “like a start-up...
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Thought Machine lands another $42m for Asia-Pacific expansion
Thought Machine, the London-based core banking provider working closely with Lloyds and Standard Chartered, has landed an additional $42 million. The fresh capital, set to underpin its expansion across...
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Philadelphia’s Asian Bank picks CSI NuPoint
Philadelphia-based Asian Bank has selected Computer Services, Inc (CSI) and its NuPoint core banking system. Asian Bank appreciated CSI’s deep industry knowledge” Asian Bank serves the needs of Asian...
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