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Centenary Bank live with new core banking system, Profits
Centenary Bank in core banking tech overhaul Centenary Bank in Uganda has gone live with a new core banking platform, Profits, supplied by Intrasoft International. As a result, customers are being...
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Digital officers of India, unite!
Digital officers of India, unite! A group of senior executives in India’s digital sector are looking to create a group of chief digital officers (CDOs) or equivalent in the country. “The idea is to...
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Fana Sparebank to revamp core banking, payment and self-service solutions...
Norwegian banks revamp tech Norway-based banking software provider Evry has signed a new five-year agreement with a domestic banking group, Fana Sparebank, to modernise its tech. Evry will deliver “a...
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Industrial CU live with new core banking system, Keystone
In your corner with new core Washington-based Industrial Credit Union has converted to a new core banking system, Keystone from Corelation. The credit union tells its members that the new technology...
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Capital One joins forces with fintechs Gusto and Bill.com
Building a fintech ecosystem for SMEs Capital One Spark Business has announced “strategic partnerships” with two fintech companies, Bill.com and Gusto. The aim is “to build and deliver better financial...
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Municipal Credit Union revamps digital payments with Payveris
100 years old but tech savvy Municipal Credit Union (MCU), a $2.5 billion credit union in New York, is implementing a new digital payments platform supplied by Payveris. The vendor says its offering...
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New digital bank, SunTrust, runs on ICS Banks core platform
SunTrust, Nigeria’s new digital bank SunTrust Bank in Nigeria has renewed the contract with banking software vendor ICS Financial Systems (ICSFS) for its ICS Banks core banking system. SunTrust is a...
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“Humanoid” Ira to assist customers in HDFC Bank branches
Nitin Chugh, country head of digital banking at HDFC Bank, and Ira. Image source: Business Standard India-based HDFC Bank is about to introduce its first “humanoid” branch assistant – Ira. The...
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New name in the UK challenger bank space – ClearBank
Nick Ogden, “a serial entrepreneur” The bustling UK challenger bank scene has grown by another addition, ClearBank. The bank was granted a licence at the end of 2016. ClearBank (also known as CB...
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UK challenger banks: who’s who (and what’s their tech)
UK challenger banks: who is who With so many new entrants trying to muscle into the UK banking sector, Banking Technology has put together a comprehensive list of the known challengers to date and the...
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US core banking software projects: win for DCI, go-live for Symitar
US banks and credit unions modernise core tech Kansas-based banking software developer, Data Centre Inc (DCI), has signed a new client, The First National Bank in Falfurrias, Texas. Jack Henry’s...
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Yes Bank opens fintech accelerator programme for start-ups
India’s Yes Bank is inviting fintech start-ups to take part in its Yes Fintech Accelerator Programme. The application process is open until 2nd February 2017. Eight to 12 start-ups will be chosen. The...
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Deutsche Bank bans texting and messaging apps on work phones
Deutsche Bank keen to improve compliance practices No more texting or using messaging apps such as WhatsApp on company issued phones, Deutsche Bank tells its employees. According to a memo issued by...
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BNP Paribas Wealth Management goes for digital client experience and “pizza”...
The Big Factory – where ideas are incubated BNP Paribas Wealth Management has unveiled its new Client Experience venture co-created with customers and fintech firms. The initiative focuses on digital...
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Seven European banks join forces for blockchain platform for SMEs
Major banks team up for blockchain platform for SME commerce Seven European banks – Deutsche Bank, HSBC, Natixis, KBC, Rabobank, Société Générale and UniCredit – have agreed in principle to develop a...
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One in four UK card payments now contactless
Go contactless According to the UK Cards Association, a trade body for the country’s card payments industry, a quarter of all card transactions are now made via contactless in the UK. 325 million...
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The White House unveils fintech framework for US
Fintech in The White House The National Economic Council (NEC) of the US, part of the Office of White House Policy, has published a whitepaper, “A Framework for Fintech”. “This whitepaper expresses the...
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Private equity firms to buy German payments provider Concardis from local banks
Private equity firms take over German payment services provider Concardis Advent International and Bain Capital Private Equity have signed a definitive agreement to acquire Concardis, a German payment...
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Five Degrees and SEI provide tech to new digital investment service, Munnypot
New robo-advice and investment service targets 16m Britons trapped in financial advice gap Munnypot, a new robo-advice and investment service in the UK, has fully launched with tech support from a...
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RosEvroBank builds blockchain platform for remote customer identification
It’s blockchain time at RosEvroBank RosEvroBank, a top-50 bank in Russia, has created a prototype of a blockchain-based system that enables remote verification of customers for other financial...
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