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Nymbus undergoes management shake-up with new CEO & CFO
There’s been a shake-up at the top for banking technology provider Nymbus. The US-based firm has obtained a new chief executive officer (CEO) and chief financial officer (CFO) months after the...
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Sibos 2020: Finastra steps out of big bank payments bubble with smaller bank...
Finastra, a core infrastructure provider for some of the world’s largest banks, is stepping out of its Tier 1 bubble to serve smaller banks. The new product, called Fusion Payments to Go, was announced...
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Daily News at Sibos 2020
Click on the image to read this issue Read our all-in-one Daily News at Sibos edition of the digital Sibos 2020 conference. Free to read online! A note from the Editor, Sharon Kimathi: Sibos is going...
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UK mortgages & savings: witnessing a digital transformation
There is a clear demand in the UK market for a proven technology provider Over five months on from the initial lockdown, and the UK banking sector is coming to terms with the coronavirus pandemic....
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Monese picks Thought Machine’s Vault to revamp core banking systems
UK banking app, Monese, has selected Thought Machine’s core banking platform Vault. Thought Machine and Monese started things at the beginning of 2020 Monese is one of a collection of UK-based fintech...
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Japan’s NEC buys Swiss core banking firm Avaloq in $2.2bn deal
NEC, a Japanese electronics conglomerate, has announced its plans to buy Avaloq, a Swiss core banking provider, for CHF 2.05 billion ($2.2 billion). Major investor Warburg Pincus currently owns 45% of...
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The value of 20/20 hindsight
Anders la Cour, co-founder and chief executive officer of financial infrastructure provider Banking Circle, examines the lessons of 2020, and how collaboration will be key to success for post-pandemic...
View ArticleSibos 2020: Søren Skov Mogensen, chief growth officer at Banking Circle
FinTech Futures caught up with Søren Skov Mogensen, chief growth officer at Banking Circle. He discusses the firm’s recent research which looks at financial institutions’ approaches when it comes to...
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Banking Technology October issue out now
Educate, advocate, invest 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...
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Temenos appoints former SAS EVP as new European president
Temenos has appointed SAS veteran David Macdonald as its new president for Europe. David Macdonald, new Temenos president for Europe Macdonald makes the move from North Carolina to Geneva after a near...
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Fronted joins Yobota’s first cohort of core banking clients
Fronted, a start-up looking to help renters more easily afford deposits up front, is gearing up for an imminent launch pending the final stages of regulatory approval. The fintech is going live on...
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Curve to launch new credit facility powered by Thought Machine’s Vault
Payments fintech Curve has picked Vault from Thought Machine to power a new credit offering. Thought Machine’s vault will sit at the core of Curve Credit Curve Credit allows customers to pay for their...
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PeoplesBank picks Nymbus to help launch digital bank Zynlo
PeoplesBank has gone live with Nymbus SmartLaunch as it opens the doors of its newest digital bank, Zynlo. PeoplesBank is an existing user of Nymbus tech The bank will outsource all technology and...
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Hong Kong challenger WeLab Bank goes live on Temenos Transact
Hong Kong challenger bank, WeLab Bank, has gone live on Temenos and its Transact core banking system, following a July 2020 launch. WeLab launched on Temenos Transact in July The neobank is using a...
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JP Morgan backs UK payments fintech Icon Solutions
JP Morgan has made an undisclosed strategic investment in Icon Solutions. The UK-based fintech helps banks like JP Morgan carry out their digital transformations – a process almost every major bank is...
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Jamaica National Bank announces full UK launch
Jamaica National Bank (JN Bank) has launched in the UK as a subsidiary of its Caribbean parent. JN Bank UK chairman Ian Marshall led its applications to UK regulators JN Bank is part of the Jamaica...
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Egypt’s AAIB finally goes live with Temenos after five years
Arab African International Bank (AAIB), an Egyptian bank with more than $11.5 billion in assets, has finally deployed Temenos Transact, five years after it signed the deal. AAIB signed the deal with...
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Oracle wins first client in Guatemala with Banrural
Guatemala-headquartered Banco de Desarrollo Rural (Banrural) has selected a host of systems and platform from technology vendor Oracle FS. Banrural has signed up for Oracle Flexcube Universal Banking,...
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Oracle gains new Flexcube deals in Middle East and Africa
Oracle Financial Services has landed a trio of new deals for its core and digital banking systems in Oman, Kuwait, and Tanzania. Oracle announced the deals in its Q2 2021 results The vendor’s win in...
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UK challenger Witty builds out tech stack with Oracle
Witty, one of the UK’s newest challenger banks, has been building out its technology stack with partner Oracle, FinTech Futures understands. The start-up selected Oracle Financial Services Software’s...
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