Ohpen offloads Davinci Consulting to Yellowtail Conclusion
Core banking vendor streamlines newly-acquired Davinci Group.
Software-as-a-Service/SaaS
An era of digital trade
Technology creates opportunities to transform existing processes across global supply chains.
Banking-as-a-Service: who is it for?
BaaS goes well beyond classic outsourcing models like ITO and BPO.
Financial services are internet-reliant, so how do you prevent downtime?
Digital experience monitoring provides a bridge so that financial institutions can embrace this new digital-first era.
Leek United Building Society extends Sopra partnership
Building society to shift its Sopra system to the cloud.
SEB signs Google Cloud partnership extension
SEB to deploy Google services across wider segments of the bank.
Banking’s long road to BaaS
The opportunity for BaaS is huge and compelling, but the journey to get there is long and complex.
Croí Laighean Credit Union signs for Temenos SaaS platform
Temenos wins another Irish credit union for Community Banking platform.
Low-code fintech OutSystems bags $9.5bn valuation in $150m raise
It claims to tackle the shortage of developers across 22 industries.
Three things banks must do to thrive in 2021
It is the banks who invest now and execute effectively, that will come out on top.
NCR acquires digital onboarding start-up Terafina
Terafina marks NCR’s third acquisition this year.
Sync. signs deal with Railsbank to power premium accounts
The smart banking app is looking to expand following a 2020 launch.
The end to end benefits of cloud first transformation
Cloud has become a go-to technology for many in the financial services industry.
CODE Credit Union implements Symitar’s Episys with MDT
The conversion occurred entirely virtually.
IBM buys Canadian fintech Expertus to bolster payments offerings
The acquisition strengthens its portfolio as an end-to-end digital payments solution provider.
Swiss challenger Alpian picks cloud hosted Temenos tech
Alpian plans to deploy Temenos Transact and Temenos Payments in a SaaS model.
Omdia Universe 2020-21: Temenos recognised as a leader for digital banking platforms
Based on Temenos’ combination of market impact, solution capabilities, and customer experience.
Sberbank Switzerland outsources core to Avaloq
The implementation and migration took ten months.
Goldman’s former CIO becomes chairman of Israeli fintech The Floor
“I believe The Floor has transformative potential to impact the financial services industry.”
UK challenger Monument partners with Mambu, AWS & Accenture
“Monument concluded that no appropriate single solution existed”.
Credit Suisse’s Canadian arm goes live with London fintech Torstone
“The opportunity to reduce our total cost of ownership was a key driver,” says bank.
Japan’s NEC buys Swiss core banking firm Avaloq in $2.2bn deal
Major investor Warburg Pincus currently owns 45% of Avaloq.
Destination public cloud
It is estimated that global public cloud revenues will grow by about 17% this year.
The Oracle versus Google copyright case could shape the future of software
The fate of open APIs lies in the hands of the US Supreme Court.
Banking Technology September 2020 issue out now
Tipping point: Google vs Oracle showdown.
Cloud: the new frontier in banking
Demystifying the move to the cloud is the first step to becoming more agile.
Swedish Export Credit Corporation picks FIS for loan origination
SEK picks Commercial Loan Origination and FIS Ambit.
Xero to acquire Aussie invoice lending platform Waddle for $57m
Xero’s shares hit more than AUD 100 on 25 August.
Palantir lost $579m in 2019 according to leaked S-1 filing
Big data SaaS firm had net loss percentage of 78% last year.
Standard Chartered signs multi-year cloud deal with Microsoft
The bank is shifting a series of systems to the cloud by 2025.
Streamlining manual processes amid COVID-19
Find out how to digitise manual documentation processes with Foxit Software.
Bank of Baroda credit card subsidiary picks Fiserv’s FirstVision
FirstVision will be deployed on an outsourced basis.
Siepe closes series A funding led by HNW individuals
It will use the proceeds to expand its cloud-based Software-as-a-Service.
HSBC signs multi-year cloud deal with AWS
Amazon Web Services is to become a “long-term strategic partner” for HSBC.
Why there’s no slowdown in SaaS
How SaaS reconciliation tech can help banks to properly process and control mission-critical transactional, operational and reference data.
Singapore’s ADBC signs MoU with Tencent Cloud
New Singapore bank plans cloud boost.
Why mid-sized players should embrace the direct-to-consumer model
It’s imperative for businesses to be able to help customers directly.
Mambu inks partnership with Google Cloud
Technology firm will host its platform on Google infrastructure.
Two founders turned bankruptcy into growth
The start-up landed a €2.5m seed investment this year from Paris-based investor BlackFin.
Report: Ten trends in reshaping banking in 2020
Business model, agile organisation, ubiquitous automation, technology modernisation, and culture and workforce transformation.
