Form3 and Mambu unveil real-time cloud payments
Will provide access to real-time payments processing in the UK and Europe.
Software-as-a-Service/SaaS
Oracle buys US firm DataScience
Adds platform to its cloud for machine learning boost.
CardFlight and Paya team for EMV-ready mPOS solutions
Enabling Paya to offer CardFlight’s SwipeSimple payment acceptance solutions to its merchants.
Santander UK to launch digital financing platform for SMEs
Mambu believed to be providing its core banking tech to Santander’s new SME platform.
KAS Bank takes AIM for cloud gains
AIM Software chosen by Dutch provider of custodian and fund admin services.
Deutsche Bank Spain turns to FinReach for digital account switching
Who dares wins with SaaS.
Mambu unleashes digital marketplace
Offering cloud-enabled apps, products and tools.
Seven banks in seven months select Jack Henry’s Core Director platform
Windows-based platform is designed for community banks in US.
Beacon Community Bank opts for Jack Henry’s Silverlake core banking system
The solution is supplied on a hosted basis via JHA OutLink Processing Services.
equensWorldline to process instant payments for de Volksbank
De Volksbank has chosen equensWorldline to process its immediate payments transactions.
Form3 connects Ebury to UK Faster Payments in “industry first” service
UK-based cloud paytech provider Form3 has gained a new client, Ebury.
Folkefinans in tech revamp with Mambu’s SaaS-based core banking system
Nordic finance and credit company Folkefinans is implementing Mambu’s core banking tech.
Lanco FCU live with new core banking system, Symitar’s Episys
New tech is provided on a hosted basis by Member Driven Technologies (MDT).
Infinitec unleashes digital finance solution for German SMEs
A Software-as-a-Service solution for integrated finance management.
Softtek and Mambu unveil banking Platform-as-a-Service
SaaS-y engine provider partners with Mexican system integrator.
Glossary: what’s what in fintech
What’s what in fintech? Here is a glossary of the most commonly used terms.
California Coast Credit Union opts for PSCU’s paytech
California Coast Credit Union abandons CO-OP Financial Services for PSCU.
Unified monitoring: how banks can plan for success, not just prepare against failures
How to stay competitive among other brick-and-mortar operations.
Member Driven Technologies adds four US credit unions
They all opt for Symitar Episys core banking platform.
Workday acquires machine learning start-up SkipFlag
SkipFlag uses deep learning to help enterprises make sense of data they collect each day.
Cloud market soared to $180bn in revenue in 2017 – study
A 24% year-over-year increase, according to new research by Synergy Research Group.
AWS and Microsoft Azure lead $35bn public cloud market
Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS) and Software-as-a-Service (SaaS) continue to grow.
Oracle cloud revenue bursts 44%
Oracle reported total cloud revenues up 44% to $1.5 billion for Q2 of its fiscal 2018.
FinReach extends digital reach to Austria and Spain
German digital account exchange provider FinReach has expanded into Austria and Spain – meaning its service is now used by over 500 banks in three countries. In Austria, FinReach has partnered with, amongst others, banking group Raiffeisen Austria, which includes 434 banks and has 1.7 million customers. In terms of the Spanish market, Self Bank, […]
Case study: Towergate Insurance – achieving “good enough” IT in the cloud
If you’ve worked in information technology long enough, you’ve fallen prey to the urge to pursue technology on the cutting edge or even the bleeding edge.
Cheddar on mission to help software developers monetise faster
It’s a tale as old as tech start-ups – a software developer creates a new app and is convinced it will take the world by storm. The only problem? No idea how to monetise the brilliant creation. Xconomy (Banking Technology‘s sister publication) reports that a US fintech start-up based in Bloomington, Indiana, called Cheddar aims […]
Bar Harbor Bank & Trust in core banking tech overhaul with Jack Henry
Bar Harbor Bank & Trust has implemented new core banking software, Jack Henry & Associates’ Silverlake, provided on an outsourced basis.
Avaloq signs core banking tech deal with Bank of Asia
Bank of Asia, a start-up digital bank in the British Virgin Islands focused on companies that have ties to Asia, has signed for the Avaloq Banking Suite core platform.
Four US banks sign for DCI’s iCore360 core banking tech
A Kansas-based banking software developer, Data Centre Inc (DCI), has signed four new clients for its flagship core banking system, iCore360.
ATB Financial live on Murex treasury and capital markets tech
Canada’s ATB Financial has gone live with a new treasury and capital markets (TCM) solution, MX.3, supplied by Murex. The solution is delivered on a Software-as-a-Service (SaaS) basis.
Utkarsh Small Finance Bank goes live with Intellect’s core banking system
Utkarsh Small Finance Bank, a microfinance institution in India, has rolled out Intellect Design Arena’s core banking system. The bank received its licence last year, and according to Intellect, one of the key requirements for Utkarsh was to have a joint liability group solution that would enable it to provide group loans to the microfinance […]
Top fintech stories this week – 6 October 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Bank of Ireland’s new CEO reviews tech revamp
Bank of Ireland’s new CEO is understood to be reviewing its five-year €900 million modernisation initiative – aka Project Omega – according to the Irish Times. As Banking Technology reported last year, the new set-up will be hosted by Capgemini. The bank was known to be evaluating a joint Software-as-a-Service (SaaS) offering from Temenos and […]
Banking tech vendor Ohpen acquires FYNN Advice for implementation capabilities boost
Core banking tech vendor Ohpen has acquired a fellow Dutch fintech firm, FYNN Advice, which specialises in core banking software implementations.
VTB applies for UK banking licence, selects core banking system
EXCLUSIVE: Russia’s second largest banking group, VTB, is looking to launch a retail banking business in the UK, Banking Technology understands. The bank has applied for a UK banking licence, to enable it to take retail deposits.
Top fintech stories this week – 8 September 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Mambu’s core banking tech supports challenger bank N26
Mambu has gone on the record about its core banking software project at N26, a German-based challenger bank. N26 is using Mambu’s flagship core system, provided on a Software-as-a-Service (SaaS) basis.
Abcul halts credit union migration to new core platform
EXCLUSIVE: UK-based Association of British Credit Unions (Abcul) has suspended its plans to migrate its member credit unions onto its new tech platform, Banking Technology understands.
ERI and Swisscom team for hosted core banking tech and ops
Switzerland-based core banking software provider ERI has joined forces with another domestic IT firm Swisscom to offer private-banking and wealth management outsourcing services to banks and financial institutions operating in the Swiss financial centres.
Avaloq maintains momentum with massive earnings rise
Avaloq has reported impressive earnings growth for the first half of 2017 due to investment in its banking suite and the “accelerating trend of the market” towards digital, Software-as-a-Service (SaaS) and transaction processing services. For H1 2017, the firm says compared to the same period last year, adjusted EBITDA increased 257% to CHF 36.3 million […]
