Israel's Bank Leumi is looking to save millions of dollars a year in IT maintenance costs by overhauling and replacing its legacy core banking system with new kit from Swiss vendor Temenos.
The Leumi Group's Deputy CEO and LeumiTech Chairman, Prof. Daniel Tsiddon, LeumiTech CEO, Ms. Yifat Oron and CEO of Bank Leumi USA, Mr. Avner Mendelson, Bank Leumi announced the launch of LeumiTech, a suite of financial products and services tailored to the needs of high-tech companies in the United States. Ms. Oron announced the launch at the Israel Dealmakers Summit in New York.
Israel's Bank Leumi is joining the fintech hackathon craze, calling on developers to come to Tel Aviv and build financial services-related apps for the chance to win a cash prize.
Global payments solution provider, DataCash, a MasterCard company, today announces a partnership with Leumi Card to deliver a holistic payment offering for European merchants seeking to accept e-Commerce payments.
Israel's Bank Leumi has teamed up with investment vehicle Elevator to launch a fintech innovation hub, providing backing to the country's financial technology start-ups.
Lombard Risk Management plc, a leading provider of integrated regulatory compliance and collateral management solutions for the financial services industry, is pleased to announce that Bank Leumi USA, a wholly-owned subsidiary within the Leumi Group, has selected its REG-Reporter regulatory reporting solution in order to comply with the ever-changing reporting requirements in the U.S.
Calypso Technology Inc., the global capital markets platform provider, announced today that Bank Leumi, the leading Israeli banking corporation, has selected Calypso to provide a full cross-asset, front-to-back office solution to support its core capital markets business.
Check Point, the worldwide leader in securing the Internet, today announced that Bank Leumi Switzerland, the international private banking centre for the Leumi Group, has deployed Check Point's Data Loss Prevention (DLP) solution to secure sensitive data and address critical compliance requirements, while simplifying IT management.
Ness Technologies, Inc. (Nasdaq:NSTC), a global provider of information technology solutions and services, announced today that it has been awarded a three-year outsourcing contract by Leumi Card, Israel's second-largest credit company.
Deutsche Bank, JP Morgan Chase, NAB and UBS have joined the steering committee at the Open Data Center Alliance, a new IT consortium bidding to create open, interoperable data centre and cloud computing standards.
© Finextra Research 2015