Latest Core banking systems News: Finextra Research

Mastercard and Visa eye $1bn deal for Brazil's Pismo - Bloomberg

Mastercard and Visa are among the suitors in talks to buy Brazilian cloud-native core banking and payments platform Pismo for around $1 billion, according to Bloomberg.

30 March 2023

News/retail

Bank ABC and mobile-only subsidiary ila Bank to replace core architecture with Temenos

Mena-based Bank ABC is to replace its legacy core banking systems in 22 markets and power its mobile-only subsidiary ila Bank with a single instance of of the Temenos platform hosted in the cloud.

22 March 2023

News/cloud

Bank of Africa UK migrates to Oracle Cloud Infrastructure

Bank of Africa United Kingdom has migrated its core banking systems to Oracle Cloud Infrastructure (OCI).

14 March 2023

News/cloud

HMBradley signs for Thought Machine platform

HMBradley, a US digital banking platform promising to reward people for saving and positive financial behaviour, has deployed Thought Machine's cloud-native core banking platform.

08 March 2023

News/cloud

Thought Machine goes global with latest hiring spree

UK cloud-native core banking vendor Thought Machine is gearing up for growth by boosting its global headcount by more than 20% - 125 people - as it makes its first hires in India, Japan and South Africa.

01 March 2023

News/retail

Finastra explores sale of banking business - Reuters

Fintech giant Finastra could be ready to sell its universal banking business for up to $7 billion, according to Reuters, citing sources.

14 February 2023

News/payments

Nexi taps IBM to modernise core payment processing

European paytech, Nexi, has selected IBM to upgrade its core infrastructure to IBM z16.

17 January 2023

News/cloud

Thought Machine wins first French client

Investment bank Bpifrance has become the first French lender to deploy Thought Machine's cloud-native core banking platform.

15 December 2022

News/cloud

New Singapore digital bank Trust selects Thought Machine core

Trust Bank, the Standard Chartered and FairPrice-backed digital challenger that recently launched in Singapore, is running on Thought Machine's cloud-native core platform.

30 November 2022

News/cloud

Payset signs for Thought Machine platform

Online payments platform Payset is gearing up for European expansion after signing on for Thought Machine's cloud-native technology.

24 November 2022

News/people

Investor calls on Temenos to oust CEO

Investor Petrus Advisers has called on Swiss core banking vendor Temenos to fire "out of his depth" CEO Max Chuard immediately and for chairman Andreas Andreades to resign.

11 November 2022

News/crypto

Money20/20 US: Anchorage launches full-stack crypto offering

Anchorage today unveiled the launch of ‘Build With Anchorage’ at Money20/20 in Las Vegas. A full-stack infrastructure offering that facilitates crypto payment gateways, structured financial products, and crypto investing, the service will enable fintechs, payments firms and banks to design and embed a full crypto product lifecycle via Anchorage APIs.

24 October 2022

News/cloud

NatWest to launch BaaS business in UK

UK high street bank NatWest has teamed up with European software vendor Vodeno Group to launch a Banking-as-a-Service (BaaS) business for the UK market.

20 October 2022

News/cloud

Sibos 2022: India’s regional banks – the state of play

Ahead of Sibos 2022, Finextra spoke to Baldev Prakash, managing director and CEO of one of the oldest private sector banks in India, Jammu & Kashmir Bank, about their technology roadmap, the subcontinent’s economic recovery and the geopolitical implications of the Russia-Ukraine conflict despite being a smaller bank.

10 October 2022

News/retail

CSI to go private in $1.6bn deal

Fintech and regtech outfit Computer Services Inc is set to go private after agreeing to be bought by investment firms Centerbridge Partners and Bridgeport Partners for around $1.6 billion.

22 August 2022

News/cloud

Finextra announces inaugural Financial Cloud Summit

Finextra is pleased to announce the launch of its inaugural Financial Cloud Summit, set to take place in early 2023.

03 August 2022

News/cloud

Financial software provider Savana raises $45m

Savana, a financial software player that helps banks and fintechs go digital, has raised $45 million in a Series A funding round led by growth-stage investor Georgian.

02 August 2022

News/wholesale

Banks choosing to build and not buy tech, suggests survey

Corporates' demands for digital services are leading a majority of corporate banks to look in-house when building their technology stack, according to recently published research.

20 July 2022