Core banking systems

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Ibercaja chooses Mambu to build new consumer finance spin-off

Leading Software as a Service (SaaS) cloud banking platform Mambu, announces a strategic partnership with Ibercaja Banco, one of Spain’s most established financial institutions, to launch a dedicated consumer finance entity in early 2025.

GenAI, Agentic AI and Their Place in Modern Banking

/ai

GenAI, Agentic AI and Their Place in Modern Banking

Joining the FinextraTV studio, Barb Morgan, Chief Product and Technology Officer, Temenos discussed how a customer focus is shaping banking innovation. From adoption of cloud and SaaS, modular core banking modernization and the role of AI. How she believes that AI is actually no longer a buzz word, but an accepted part of the modern workplace. Along with the use case for real-time data, Morgan discusses the differences between GenAI and Agentic AI.

/retail

Third Federal Savings & Loan signs for Fiserv DNA platform

Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, today announced it will deliver digital innovation through the award-winning DNA® platform to Third Federal Savings & Loan.

Denmark's Netcompany to buy core banking vendor SDC

/retail

Denmark's Netcompany to buy core banking vendor SDC

Danish IT services firm Netcompany has struck a deal to buy local banking tech outfit SDC for around $139 million.

/retail

Al Rayan Bank selects Finastra to upgrade core banking stack

Finastra, a global provider of financial software applications, today announced it has been selected by Al Rayan Bank, one of the largest Islamic banks in Qatar with international presence, to implement a new, fully-fledged Islamic core banking solution.

/retail

NCino buys Sandbox Banking

nCino, Inc. (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions, today announced the acquisition of Sandbox Banking, a digital transformation leader serving the financial services industry.

Australia's AMP taps Starling tech for SMB digital bank

/cloud

Australia's AMP taps Starling tech for SMB digital bank

Australian financial services firm AMP has tapped Engine by Starling for a new digital bank for small business owners and everyday customers.

/retail

Azura Credit Union signs for Jack Henry Symitar

Jack Henry™ (Nasdaq: JKHY) is pleased to announce that Azura Credit Union has selected Jack Henry’s Symitar® open technology platform to deliver modern services to local communities and drive future growth.

/security

Backbase integrates with Feedzai's Digital trust package

Backbase, the global leader in Engagement Banking, announces a strategic partnership with Feedzai, the world’s leading provider of financial intelligence solutions, aiming to empower banks to tackle the growing challenge of digital fraud while maintaining seamless customer experiences.

/cloud

FirstRand Group signs for Finxact from Fiserv

Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, today announced that the FirstRand Group, one of the largest banks in Africa with total assets of $130 billion, will become the first financial institution outside of the U.S. to commission Finxact from Fiserv – the cloud-native, real-time banking solution that offers enhanced access to data – to power its digital transformation and support the broader innovation initiative and growth objectives of its customer franchises FNB (retail and commercial banking) and RMB (corporate and investment banking).

Mambu: Predictions report provides expert insights for success in 2025

/predictions

Mambu: Predictions report provides expert insights for success in 2025

With a new year comes new insights and in this FinextraTV interview, Anthony Nonnis, Global Head of Partnerships at Mambu, shares some of the key trends in financial services from Mambu’s 2025 Partner Predictions Report. Diving into some familiar topics such as Embedded Finance, AI and regulatory changes, Nonnis explains how financial institutions can build a modular, scalable approach to prepare for these changes.

/ai

Lombard Odier embeds AI into core banking stack with MongoDB

MongoDB, Inc. (NASDAQ: MDB) today announced that Lombard Odier, a global Swiss private bank founded in 1796, has partnered with MongoDB to further modernise its leading banking technology systems.

/retail

Aldermore Bank selects Temenos to build new savings accounts

Temenos (SIX: TEMN) today announced that UK-based Aldermore Bank (Aldermore) has selected Temenos SaaS to modernize its existing savings operations starting with quickly launching new savings notice accounts for small businesses.

/people

NCino appoints Sean Desmond president and CEO

nCino, Inc. (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions, today announced the appointment of Sean Desmond as President and Chief Executive Officer and as a member of the company’s Board of Directors, effective immediately.

PayPal Ventures co-leads $21 million investment in programmable ledger builder Formance

/retail

PayPal Ventures co-leads $21 million investment in programmable ledger builder Formance

Formance, developer of an open source programmable ledger for financial flows, has closed on a $21 million Series A funding round co-led by PayPal Ventures and Portage Ventures, with participation from Y Combinator, Hoxton Ventures, and Axeleo Capital.

/cloud

Egypt's Bank NXT works with Red Hat to modernise tech stack

Bank NXT, a leading provider of integrated retail and corporate banking solutions in Egypt, announced today a collaboration with Red Hat, the world’s leading provider of open-source solutions, to modernize its digital banking infrastructure.

/people

Temenos appoints Sairam Rangachari as chief product officer

Temenos (SIX: TEMN) today announced the appointment of Sairam Rangachari as Chief Product Officer, effective immediately.

/retail

Intellect Design Arena joins forces with Coforge for low-code integration

Intellect Design Arena Ltd (NSE: INTELLECT), a global leader in enterprise-grade financial technology has entered into a strategic partnership with Coforge (NSE: COFORGE), a leading global digital services and solutions provider.

/wholesale

Baader Bank selects Objecway for 'Road to Future' core banking programme

Baader Bank, a leading European provider of securities and banking services, has committed to Objectway for its strategic “Road to Future” program to implement a future-proof, highly scalable, and operationally frictionless core banking environment over the next three years.

/cloud

Audax and AWS appointed to drive Maybank Islamic's digital transformation

audax CEO Kelvin Tan, Maybank Islamic CEO Dato' Muzaffar Hisham, and AWS Country General Manager audax Financial Technology (“audax”), a comprehensive digital banking technology solutions provider backed by Standard Chartered, has been appointed by Maybank Islamic Bhd, the Islamic banking arm of the Maybank Group and the leading provider of Islamic financial products and services in ASEAN, as its strategic partner to spearhead the digital transformation of its banking services.

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