Tagged: core banking

October 18, 2022 @ 11:17 pm By Omar Faridi  |  

Finastra recently announced that The Belize Bank Limited, one of the largest banks in Belize, providing retail, corporate and commercial banking services, “successfully migrated the business of Scotiabank (Belize) Limited onto the Fusion Essence core banking platform following an acquisition facilitated by its parent company,… Read More

September 24, 2022 @ 12:22 pm By Omar Faridi  |  

Trade Ledger, the data-driven lending technology provider, has partnered with Thought Machine, the cloud-native banking technology company and developer of core banking engine Vault Core, “to provide a fully integrated technology stack for commercial lenders and banks.” API-driven data exchange between the two companies will… Read More

September 14, 2022 @ 11:17 pm By Omar Faridi  |  

Tuum, an Estonian-born “next-generation” core banking platform, has partnered with Salt Edge, a key player in open banking solutions, “to help financial services providers from all over Europe to leverage the full spectrum of open banking features – fast and secure.” As technological advancements make… Read More

August 13, 2022 @ 12:59 pm By Omar Faridi  |  

ANZ Bank New Zealand Ltd has selected financial technology platform FIS (NYSE: FIS) to enhance its core banking capabilities. ANZ New Zealand will be “the first bank outside the U.S. to utilize FIS’ Modern Banking Platform, which is deployed on Microsoft Azure.” FIS’ Modern Banking… Read More

July 30, 2022 @ 6:27 pm By Omar Faridi  |  

Computer Services, Inc., a provider of end-to-end fintech and Regtech solutions, announced that Virginia-based Movement Bank has “selected its NuPoint® core platform to provide customers with integrated, reliable core banking services.” Movement Bank, with locations in Virginia and the Carolinas, “focuses on serving communities that… Read More

June 29, 2022 @ 12:46 am By Omar Faridi  |  

Azentio Software, a Singapore-headquartered tech firm owned by funds advised by Apax Partners, announced that Banque Populaire de Mauritanie (BPM), one of the largest financial institutions in Mauritania, has gone live with the R14.5 version of iMAL, Azentio’s Core Banking Platform, “to meet the multiple… Read More

June 10, 2022 @ 10:59 am By Omar Faridi  |  

Januar, the compliant gateway to the new digital economy for crypto businesses and institutional investors, has chosen Tuum as the core banking platform “to power its pan-Europe goals.” Tuum’s banking core will be used “to build account and payment solutions for crypto companies, in order… Read More

June 5, 2022 @ 11:30 pm By Omar Faridi  |  

Yobota recently announced its partnership with Tranch, a buy now, pay later (BNPL) startup platform on a mission “to deliver more flexible payments to fast-growing businesses.” Founded in 2016, London-based core banking provider Yobota claims it has “built a fast, flexible, cloud-native core banking platform… Read More

May 13, 2022 @ 10:46 am By Omar Faridi  |  

Banco Santander is digitalizing its Core banking with Cloud tech in order to improve service and efficiency. The core banking platform is reportedly the most vital part of a bank’s IT infrastructure and is “where the main financial transactions, such as money transfers, deposits or… Read More

May 6, 2022 @ 5:47 pm By Omar Faridi  |  

SaaScada, the Cloud native Core banking platform provider, recently announced it has secured £2.5 million in seed funding “from over ten investors – including leading figures from the banking and private investment sectors.” The SaaScada Cloud native platform “allows Fintechs and challenger banks to launch… Read More

April 30, 2022 @ 1:03 pm By Omar Faridi  |  

JS Bank, a leading commercial bank operating in Pakistan, has enhanced its Core Banking platform with assistance from IT firm NdcTech (as the implementation partner for the upgraded system). This deployment is a key part of JS Bank’s overall strategy to rebuild its tech and… Read More

March 12, 2022 @ 5:54 pm By Omar Faridi  |  

Finxact, a provider of the next-gen core banking platform to the US regional and super-regional banking sector, recently announced that Battle Financial, Inc., an Eagle County Colorado-based firm building Battle Bank, chose Finxact as its platform for banking operations. Battle Bank is now set to… Read More

February 28, 2022 @ 10:09 pm By Omar Faridi  |  

On February 25, 2022, within the official visit of Vietnamese President Nguyen Xuan Phuc to Singapore, HDBank signed a cooperation agreement with Thought Machine group – a core banking solution provider. In Vietnam, HDBank will be working with Thought Machine to “develop the latest version… Read More

February 5, 2022 @ 12:32 pm By Omar Faridi  |  

Cross River Bank, a tech-driven financial services organization that offers core infrastructure and embedded financial solutions, recently announced that it will be powering PayTile, a Fintech firm that provides location-based payments via their app. PayTile is reportedly one of the first ever peer-to-peer (P2P) payment… Read More

January 27, 2022 @ 8:35 am By Omar Faridi  |  

Tuum, the next-gen core banking platform, has announced a €15 million Series A round. Portage Ventures is leading Tuum’s investment round, along with contributions from existing investors Blackfin Capital Partners and Karma Ventures. As mentioned in the update, the proceeds should enable the core banking… Read More

December 22, 2021 @ 2:46 pm By Omar Faridi  |  

Finxact, the provider of the next-gen core banking platform to the US regional and super-regional banking sector, announced its Product Launchpad, a key platform enhancement that “empowers banker product teams and product designers to create and deploy products on the Finxact core via a visual… Read More

October 29, 2021 @ 7:50 am By Omar Faridi  |  

LHV UK, the financial and payment services platform for Fintechs, is forming a partnership with Tuum, the modular Core banking platform providing back-end systems which aim to support transactional retail and business banking. Through the partnership, Tuum will aim to provide a single API-powered payments… Read More

October 3, 2021 @ 5:25 pm By Omar Faridi  |  

Modularbank, the next-gen Core banking solution provider, recently revealed that it has launched its new corporate brand identity in order to “better reflect its company values and market offering.” The new company name is Tuum, which means “core” in Estonian, “highlighting both its native roots… Read More

August 10, 2021 @ 10:37 pm By Omar Faridi  |  

Finxact, a Core as a Service banking provider, reveals that First Horizon Bank, the super-regional bank based in Memphis, Tennessee, has converted its VirtualBank brand from its legacy core to the Finxact Cloud-core. The conversion represents a key milestone for the new era of Cloud… Read More

May 17, 2021 @ 10:18 am By Samantha Hurst  |  

      Temenos (SIX: TEMN), the banking software company, announced on Monday the integration of Taurus SA (“Taurus”), the Swiss digital asset and blockchain infrastructure fintech, with Temenos Transact, a next-generation core banking software. Temenos reported it collaborated with Taurus to deliver “simplified” access… Read More