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GMEX tech to underpin new swap execution facility, Seed SEF
New swap execution facility, Seed SEF, registered in the US Chicago-based swap execution facility, Seed SEF, has been granted full registration by the US Commodity Futures Trading Commission (CFTC). It...
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New credit union coming to Isle of Man
Isle of Man © Wikipedia A group of volunteers is in the process of setting up a new credit union in the Isle of Man – Manx Credit Union. The Manx Credit Union Working Party has been set up, chaired by...
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Hinduja Bank replaces ERI’s Olympic core system with Avaloq Banking Suite
Hinduja Bank renovates core banking software with Avaloq Hinduja Bank in Switzerland has moved to a new core banking system, supplied by Avaloq, Banking Technology understands. Avaloq Banking Suite...
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Randolph Savings Bank in early contract renewal with Fiserv
Randolph Savings Bank re-commits to Fiserv Massachusetts-based community bank, Randolph Savings Bank, has renewed its long-term contract with Fiserv for a host of back and front office solutions. The...
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Who will win the battle for millennials – Zelle or Venmo?
Neil O’Brien, Santander: Will Zelle be a genuine innovator or just a clearXchange rebrand? And what will it offer that Venmo doesn’t? As a Gen Xer, I have always had difficulty relating to the...
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Bancolombia’s Nequi first in Colombia to deploy mobile biometrics
Hello there Nequi, a financial mobile banking service from Bancolombia, has become the first in Colombia to deploy mobile biometrics for authentication. The technology – the IdentityX platform – is...
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Nordic payments firm Nets to IPO
Nordic payments firm Nets to IPO Nordic payments firm Nets, currently in the hands of private equity firms, is gearing up for an IPO. A specific date has not been published, but the expectation is the...
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Finacle core banking system available on Huawei FusionCloud
Finacle core banking system available on Huawei FusionCloud Infosys has partnered with Huawei to bring the Finacle core banking system to the Huawei FusionCloud. The two companies carried out a...
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MDM Bank launches single-tap mobile payments; OpenWay provides tech
Just tap and pay One of Russia’s major banking players, MDM Bank, has rolled out a single-tap Mastercard Contactless mobile payments option. The service is underpinned by the WAY4 Host Card Emulation...
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Dai-ichi Life Vietnam Fund Management live with SS&C’s Portia
New live site in Vietnam for SS&C’s Portia SS&C’s Portia platform now supports middle and back office operations at Dai-ichi Life Vietnam Fund Management. Portia is a long-standing investment...
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Tier 1 US bank live with Temenos core and payments software
Tier 1 US bank live with Temenos core and payments software Temenos says it has gone live with its flagship T24 core banking system at a “top 20 US bank”. Banking Technology understands this is Ally...
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New US clients for Temenos’ Akcelerant subsidiary
Temenos living the American Dream Banking technology vendor Temenos says 16 financial institutions in the US have signed for its account and loan origination, collection and recovery software in the...
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BGL BNP Paribas centralises securities ops on ERI’s Olympic core system
BGL BNP Paribas, a Luxembourg-based subsidiary of BNP Paribas, has gone live with a new centralised hub for securities processing. The technology that underpins it is the Olympic core banking system,...
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BNP Paribas Investment Partners live with Commcise commission management...
BNP Paribas Investment Partners, Paris Commcise has implemented its flagship cloud-based commission management software, CommciseBuy, at BNP Paribas Investment Partners (BNPP IP). The project covers...
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Erste Bank Hungary updates retail payments hub with ACI Worldwide
ACI Worldwide’s UP Payments framework Erste Bank Hungary is implementing ACI Worldwide’s UP Retail Payments solution, upgrading from the older versions of ACI’s solutions. The bank will also deploy ACI...
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Barclays Wealth enlists Tech Mahindra for tech modernisation
Barclays Wealth in tech modernisation Tech Mahindra and its specialist banking IT consultancy and integration subsidiary, Sofgen, have been recruited by Barclays Wealth for its tech modernisation...
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USAA launches online virtual assistant
USAA goes AI USAA, a provider of banking and insurance services to the US military personnel and their families, has launched a virtual assistant for its website. The solution is based on the Nina...
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Mambu plans to onboard 50 new clients by year-end
Mambu bullish on growth Fintech vendor Mambu says it has added 25 new clients to its portfolio this year and is set to double this figure by the end of 2016. It will also more than double the size of...
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Barclays and fintech start-up Wave pioneer blockchain trade finance transaction
Barclays and Wave pioneer blockchain trade finance transaction Barclays and fintech start-up Wave claim to have become the first organisations to complete a global trade transaction using distributed...
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PriceMetrix acquired by McKinsey
McKinsey acquires PriceMetrix McKinsey has bought PriceMetrix, a Toronto-based data and analytics company focused on the wealth and asset management sector. McKinsey says that “PriceMetrix will retain...
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