Merchant Bank of Sri Lanka in tech overhaul with Fiserv

Merchant Bank of Sri Lanka (MBSL) has signed for Fiserv’s Signature back office system and the Teller front-end solution. MBSL has around 100,000 customer accounts and 49 branches. Last year, it merged with its two subsidiaries, MBSL Financial Services and MBSL Savings Bank. Fiserv says the bank needed new technology that was “flexible, scalable and […]

Virgin Money UK in new banking software search

Virgin Money UK, a financial services brainchild of Richard Branson, is understood to be looking for new core and digital channels banking software. Virgin Money’s underlying technology in the UK stems from a number of acquisitions, including a small outsource firm, Intelligent Managed Services (IMS), in 2010, and a larger, well-established bank, Northern Rock, in 2012 (the […]

Bank of Ceylon upgrades front-to-back office systems with Fiserv

Bank of Ceylon, the largest bank in Sri Lanka, has continued its long-term relationship with Fiserv, and upgraded to the recent versions of Signature (retail core banking) and Teller (a front-end teller system). The bank has also chosen Fiserv’s Communicator to provide integration between Signature and third-party solutions. Luxaman Perera, head of IT, Bank of […]