Core banking systems

559 articles tagged with this keyword

/cloud

Thought Machine joins unicorn club

Cloud-native core banking provider Thought Machine has hit unicorn status thanks to a $200 million Series C funding round joined by the investment arms of some of its top bank clients, including JPMorgan Chase, ING and Standard Chartered.

/retail

CaixaBank preps tech integration with Bankia

CaixaBank's IT team is set for a fraught weekend as it begins its technological integration with recently-acquired Bankia, unifying the computer systems of both banks as well as the data stored on them.

/cloud

Amazon joins $108m funding round for Brazil's Pismo

Brazilian cloud-native core banking and payments platform Pismo has set its sights on international expansion after raising $108 million in a Series B fundraising round led by SoftBank, Amazon and Accel.

/cloud

Chase taps 10x for UK digital bank

JPMorgan Chase's recently launched UK digital bank was built with 10x Banking, the cloud-native fintech set up by former Barclays chief Antony Jenkins.

/regulation

Money 20/20 EU: ‘A listing is for life, not just for Christmas’

Amsterdam: Finextra is on the ground at Money 20/20 Europe, attending a host of sessions to provide you with key highlights from the most popular sessions throughout the conference.

/cloud

JPMorgan Chase to replace US retail core with Thought Machine's Vault

JPMorgan Chase is to replace its current retail core banking system in the US with technology from Thought Machine.

/payments

Money 20/20 EU: Will Europe prevail in the new dawn of payments?

Amsterdam: Finextra is on the ground at Money 20/20 Europe, attending a host of sessions to provide you with key highlights from the most popular sessions throughout the conference.

/cloud

Thought Machine signs Arvest Bank to Vault platform

Arvest, the operator of a collection of small community banks in the US, has struck a deal to implement for Thought Machine's cloud-native core banking platform, Vault.

/retail

Singpore's Azentio takes over Islamic core banking outfit Path Solutions

Singapore's Azentio Software has acquired the core banking software assets of Path Solutions, a technology supplier to 150+ Islamic financial institutions across the globe.

/startups

Australian challenger bank Alex goes live on Temenos SaaS platform

Australia's latest challenger bank, Alex, has gone live on Temenos' cloud-based core banking system, with the aim of branching out from consumer credit to deposit-taking.

/cloud

Solarisbank raises EUR190m; buys Contis

Berlin-based banking-as-a-service platform Solarisbank has set its sights on conquering Europe after raising EUR190 million in a Series D funding round at a EUR1.4 billion valuation and buying UK outfit Contis.

/retail

SolarisBank migrates customer base to in-house core system

Berlin-based banking-as-a-service platform Solarisbank has migrated its entire customer base from an externally sourced core banking system to an inhouse alternative.

/wholesale

SocGen to overhaul global transaction banking business with Temenos

Societe Generale has selected Temenos to modernise the account management and payment systems for its global transaction banking activities in Europe and Asia

/cloud

Temenos eyes Chinese opening with Huawei cloud partnership

Switzerland's Temenos is looking to break into the Chinese market, having become the first core banking software provider certified with Huawei infrastructure and Huawei Public Cloud.

/payments

Temenos embeds money transfers from Wise into core banking package

Temenos is to offer money transfer capabilities from fintech Wise to the 3000 users of its core banking product offerings.

/regulation

WEF: Little market-wide agreement on DLT use in capital markets

A report from the World Economic Forum (WEF) and Boston Consulting Group (BCG) has found that while distributed ledger technology (DLT) offers the potential for significant market-wide transformation, market participants are still far from adopting this technology at scale at a market-wide level.

/payments

EBAday 2021: Driving correspondent banking success through wider adoption of instant payments

The shift toward instant payments will undoubtedly provide benefits for consumers, but it is the benefits for institutions and corporates that are likely to revolutionise financial services. However, to reap these benefits financial institutions must navigate the maze of deadlines and coinciding schemes in a proactive manner.

/payments

Thought Machine integrates Wise platform into core engine

Thought Machine has integrated Wise's international money transfer platform into its core banking engine, Vault.

/crypto

Ant Group and Tencent promote their work on digital yuan with PBoC – SCMP

This weekend, the two Chinese fintech giants Ant Group and Tencent prominently displayed posters during the Digital China Summit outlining a “history of cooperation with the PBoC on the digital yuan” according to the South China Morning Post.

/retail

African core banking vendor AppZone lands $10 million in new funding

Pan-African fintech AppZone has picked up $10 million in new funding.