Deutsche Börse opens fintech hub in Frankfurt

Deutsche Börse has opened its fintech hub in Frankfurt to promote Germany’s start-up and investment culture. This launch is part of the Hessian State Government’s fintech initiative, and Carsten Kengeter, CEO of Deutsche Börse, first presented the details and facilities back in February. Kengeter says Deutsche Börse wants to give start-ups in the financial sector […]

IBM launches “first secure” blockchain services on cloud

IBM has launched a new framework for “securely” operating blockchain networks, as well as new services on the IBM Cloud that are designed to meet existing regulatory and security requirements. Working with teams of security experts, cryptographers, hardware experts and researchers, IBM says it has created new cloud services for “tamper-resistant, trusted” blockchain networks. Jerry […]

Capgemini launches test automation platform for finservs

Tech consultancy firm Capgemini has launched its Intelligent Test Automation Platform for financial services, promising quality assurance savings of up to 30%. The platform uses frameworks and robotic agents, and Capgemini says it speeds up the release of new products and services by providing “much shorter test cycles and better collaboration between development and test […]

LzLabs partners with Cobol-IT for world’s “first” software-defined mainframe

Swiss software start-up LzLabs is collaborating with Cobol-IT to deliver the world’s “first” software-defined mainframe, designed to move legacy mainframe applications and data to open Linux server and cloud platforms. Cobol-IT will act as an integrated software provider for the solution as it is implemented for LzLabs’ customers across the world. Announced at CeBIT 2016, […]

Avaloq turnover in 2015 reaches “record” $520m

Banking software vendor Avaloq has reported a “record” financial year in 2015 with a turnover of almost CHF 500 million ($518 million). The Swiss vendor says it has won 11 new customers, and is now working with 450 banks and wealth managers worldwide. New customers include China CITIC Bank International; Crestone, the former wealth management […]

Core banking vendor IPBS signs reseller agreement with eShore

International Private Banking Systems (IPBS), a Caribbean software vendor focused on wealth management and private banking sectors, has joined forces with eShore, an IT services provider to offshore international banks and FIs. According to the agreement, Cayman Islands-based eShore will be marketing and selling IPBS’s flagship core banking system, also dubbed IPBS, across a number […]

Top fintech stories this week – 29 April 2016

Catch up on Banking Technology’s top five fintech stories of the week – all in one place! Bank of Ireland ponders major IT overhaul Irish eyes are smiling… or at least weighing up their options. MSB and FDH Bank to merge on Temenos’ T24 core system The die has been cast. Neptune’s Rubikon crossed out. […]

Capgemini joins forces with FICO for risk and fraud services

FICO, an analytics and decision management software provider, and tech consultancy firm Capgemini have teamed up to provide analytic solutions in financial services. The alliance will provide FICO’s risk and fraud management products through Capgemini’s consulting and integration services in North America. Anirban Bose, global head of banking and financial services, Capgemini, says “many of […]

Instant Payments Framework launched by Icon Solutions

The new framework – available worldwide – is set to open up access to real-time payments for banks. UK-based Icon Solutions, an IT payment consultancy and specialist technology provider, describes its Instant Payments Framework (IPF) as “an agile yet robust software product that expedites financial institutions’ transition to instant payments”. The vendor emphasises that “IPF […]

Japan Exchange Group chooses Cinnober for risk monitoring

Japan Exchange Group (JPX), a financial services corporation, has selected Cinnober for risk monitoring. This will include the entire Japanese market of equities, bonds, futures, options, credit default swap (CDS) and interest rate swap (IRS). This latest deal follows JPX recently building a real-time clearing solution for its listed derivatives market with the help of […]

New multilateral trading facility, Elixium, to launch in May

Tradition, the interdealer brooking arm of Compagnie Financière Tradition, is poised to launch a new EU-regulated multilateral trading facility (MTF) for collateral and secured deposits. Dubbed Elixium, it will open for business in May this year. “Elixium has been developed to address the growing need for a transparent, open to all, peer-to-peer, regulated marketplace,” says Tradition. […]

Money20/20 Europe Recap: No More ‘Us Vs. Them’

When more than 3,700 people gather in one place to talk about payments, you never know what you’re going to get. But the inaugural Money20/20 Europe conference in Copenhagen earlier this month left me with one major theme—partnership.

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