SBS

21 results about this entity

Period: 30 Sep 2021 - 30 Oct 2025

/ai

Adopting New Technologies: Why Resilience and Reliability Matter Most of All

Speaking to FinextraTV at SBS Summit 2025 in Paris, Ragnhildur Geirsdóttir, CEO, Reiknistofa Bankanna (RB) explained how, regardless of the human aspect within technology adoption, the most important guarantee is resiliency and reliability. While it is important to still retain human touchpoints within technical processes and AI integration, she says development should be focused on the security and agility of systems in the face of unpredictable situations such as geopolitical frictions. As part of this focus, Geirsdóttir said it is more important to collaborate against rising external risks, such as intelligent fraud.

/payments

SBS brings open banking to UK building societies

SBS, the global financial technology company that more than 1,500 financial institutions rely on to digitally transform the way they operate, announced the launch of Core MSS7, the newest release of its Mortgage and Savings Suite for UK building societies and banks.

/people

Mutual Understanding: How Partnership is More Than Just a Supplier Relationship

Describing the current industry as on the cusp of something generational, Simon Broadley, CEO, Furness Building Society spoke at SBS Summit in Paris about the growing importance of quality partnerships. Broadley described how organisations are beginning to understand how it is not feasible to build what they need in-house and are frequently turning to outsourcing these skills and competencies to 3rd party suppliers. Broadley describes these partnerships as more than just a supplier relationship and now requires a deeper, mutual understanding of objectives, missions, and ambitions.

/ai

'The New Industrial Revolution': The Race Towards Explainabile & Relevant AI

At SBS Summit 2025 in Paris, Hani Hagras, Chief Science Officer and Global Head of AI, SBS discussed how AI is the new industrial revolution and spoke to how regulation, data and expectations will evolve alongside it. Explaining the key barriers to successful AI implementation, Hagras splits these into 3 parts: 1. Siloed data, 2. The need for Sovereign AI and 3. The need for AI explainability. Quoting statistics that outline AI’s impact on profitability, Hagras described how banks and institutions cannot afford to hesitate any longer and must accelerate further, with the knowledge that the future won’t be a competition of access and speed, but of trust, services, intelligence and relevance.

/ai

From Ageing Systems to Automation: How CTOs Are Approaching Modernisation

Speaking to FinextraTV at SBS Summit 2025 in Paris, Andrew Steadman, Chief Product Officer, SBS discussed some of the key challenges facing financial institutions and the careful nuances of successful deployment of new technologies. Steadman professed that such conversations can’t be had without referencing ageing systems and legacies, and how these have caused fundamental blockers. According to Steadman, organisations are primarily concerned with how to adapt these systems and how to embed AI and automation into their processes in a safe and structured manner, without too much disruption. Crucially, whether building data quality or enlisting AI agents, he believes there is a need for a better unification of these technologies and processes, explaining how some organisations have built too many agents or tools and now struggle to define which provide real business value.

/retail

Resilience, Trust & Data: Why Clients Are At The Heart of All Decisions

At SBS Summit in Paris, Raouf Mhenni, CCO, SBS spoke about how digitisation and modernisation have been topics in discussion for many years, but now that the tools are in place, it is time for efficiency and resilience to improve. Mhenni went on to say how software providers and banks should aim to be both trusted for money and for data, emphasising how AI is turning data into empathy. However, he cautioned that AI should not be implemented for the sake of AI; rather, all should have the client at the heart of any decision and be focused on real issues and whether AI is the right tool to solve those.

/retail

Why Technology is No Longer a Challenge, and Strategy is the New Obstacle

At SBS Summit in Paris, Eric Bierry, CEO, SBS and Deputy CEO, 74Software joined FinextraTV to discuss how customer behaviour is changing. This behaviour, Bierry said, means that with evolutions in digital capabilities, technology is no longer a challenge but the mindset of the banks serving their customers is. Bierry emphasises that, within these strategies, the ability to retain a human element should be front-of-centre with a key part of this being hyper-personalisation. Here, Bierry describes the sometimes contrasting balance of customers need quality personalisation, whilst also requiring minimal KYC interruptions within their banking experience.

/retail

NS&I to replace legacy core banking system with SBS

NS&I (National Savings and Investments), the U.K.’s government-owned savings bank, and global financial technology company SBS today announced their work together to digitise NS&I’s core banking and payments services.

/retail

Darlington Building Society selects SBS for core transformation project

SBS, a leader in banking solutions, is happy to announce that Darlington Building Society has chosen to enhance its core banking capabilities by upgrading to a Software-as-a-Service version of SBS Banking Platform Core MSS.

/retail

Sopra Banking Software rebrands as SBS

Sopra Banking Software (henceforth referred to as 'SBS'), the global financial technology company trusted by more than 1,500 financial institutions for their digital transformation needs, today announced that it will immediately begin using the brand name SBS as part of a global rebranding initiative.

/retail

Axway acquires Sopra Banking Software

Axway has acquired core banking vendor Sopra Banking Software in a €330 million deal.

/retail

Newbury Building Society rolls out new mobile app

Newbury Building Society has partnered with Sopra Banking Software (SBS), a leading technology partner to more than 1,500 financial institutions worldwide, to further bolster its digital capabilities thanks to the Sopra Banking Platform.