Bank Leumi - News, Articles & Research

Company announcement

Bank Leumi UK to replace legacy core with Infosys Finacle

Infosys Finacle, part of EdgeVerve Systems, a product subsidiary of Infosys (INFY), today announced an agreement with Bank Leumi (UK) PLC, one of the leading foreign-owned banks in London and part of the international Bank Leumi Group., to replace its existing e-banking system with Finacle Corporate e-banking solution.

25 February 2016

Company announcement

EIF and Bank Leumi sign deal to finance innovative Israeli companies

The European Investment Fund (EIF) and Israel's Bank Leumi, along with LeumiTech, the high-tech banking arm of Leumi, have signed an agreement to increase lending to innovative small and medium-sized enterprises (SMEs) as well as small mid-caps under 'InnovFin - EU finance for innovators', an initiative supported by the European Commission.

16 February 2016

News

Bank Leumi to overhaul legacy core

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.

04 August 2015

News

Bank Leumi to run fintech hackathon

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.

12 August 2014

News

Israel's Bank Leumi launches fintech innovation hub

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.

21 August 2013

News

Banks take leading role in new cloud alliance

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.

04 November 2010

News

Bank Leumi introduces biometric password re-sets for online banking

Israel's Bank Leumi is introducing a password re-set feature for online banking customers that is operated by voice biometrics.

17 December 2009

News

Bank Leumi contracts with Sagem for secure smart card roll out

Israel's Bank Leumi has contracted with Sagem for the supply of 1.3 million secure EMV-based smart cards, equipped with Dynamic Data Authentification cryptoprocessors.

31 January 2006

News

Leumi Card moves to EMV with Aconite

The credit card arm of Israel's Bank Leumi, Leumi-Card, is deploying technology from UK smart card software vendor Aconite to support its migration to EMV.

18 January 2006

News

Bank Leumi USA outsources back office operations to ADP

Israel's Bank Leumi has signed a multi-year outsourcing agreement with ADP for the management of securities transaction processing and regulatory document delivery services at its US operations.

03 May 2005