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Commonwealth Bank of Australia joins quantum revolution with QxBranch
CBA joins quantum revolution with QxBranch QxBranch, the quantum computing and data analytics software company, has created a quantum computing simulator for the Commonwealth Bank of Australia (CBA)....
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Corelation’s Keystone core banking system gets two new live sites
Credit unions in the US, automate! Two federal credit unions in the US, People First in Pennsylvania and Greater Alliance in New Jersey, have converted to new core processing software. Both are now...
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FIS sheds Ambit Private Banking core software business
New Access buys Ambit Private Banking business from FIS/Sungard FIS has sold its Swiss core banking software business, Ambit Private Banking, which it inherited with the acquisition of Sungard, to New...
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TCS Bancs wins AU$13.6m core banking system contract with Reserve Bank of...
Australia’s central bank in AU$13.6m tech overhaul Reserve Bank of Australia (RBA), the country’s central bank, has made a decision to overhaul its core banking technology with TCS Financial Solutions’...
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Coca-Cola Credit Union in front-to-back office tech revamp
It’s tech shopping time! Coca-Cola Credit Union in the US state of Georgia is modernising its online and mobile banking with Bankjoy, and its back office tech with Corelation. The credit union aims “to...
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Al-Ahli Bank of Kuwait swaps Misys’ Equation core banking system for Infosys...
Misys’ Equation core banking system out, Infosys’ Finacle in Al-Ahli Bank of Kuwait (ABK) has gone live with a new core banking system at its two branches in the UAE (Dubai and Abu Dhabi). The new...
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Southern Hills Community Bank and Ripley Federal Savings Bank to unite on...
Tech in the USA Two small banks in the US state of Ohio, Southern Hills Community Bank and Ripley Federal Savings Bank, are to merge. The consolidated entity (with the assets of $150 million) will...
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State Bank of India in major trade finance tech overhaul with Misys
SBI revamps trade finance tech State Bank of India (SBI) has centralised its trade finance operations across 25 countries on Misys’ Fusionbanking Trade Innovation platform. Misys’ partner in India,...
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Ummah Finance to become first UK-based mobile Islamic bank
Ummah Finance to become first UK-based mobile Islamic bank Ummah Finance aims to be “the first UK born Islamic bank solely set up and operating from London”, with a fully digital proposition. Whilst...
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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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HSBC France revamps core banking software with SAB
Image source: Reuters HSBC France is in the process of replacing its legacy core banking system with SAB AT, provided by local vendor SAB. The initial delivery was completed last spring, and SAB says...
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Harrods Bank up for sale
Any takers? UK-based high-end department store Harrods is to sell its banking business, Harrods Bank, according to Sky News. The bank has been ramping up losses over the years – in 2015 its losses were...
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Bank ABC revamps digital channels with Backbase
Bahrain-based Bank ABC is modernising its digital channels for retail and wholesale banking customers with Backbase’s tech. Bank ABC (which stands for Arab Banking Corporation) has a significant...
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Central Bank of Armenia revamps tech with Intellect Design Arena
Central Bank of Armenia in tech overhaul India-based software vendor Intellect Design Arena is to provide its Intellect Quantum Central Banking System (QCBS) to Central Bank of Armenia. The vendor says...
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SouthEast Bank in front-to-back office tech revamp with Fiserv
Digital banking coming soon… SouthEast Bank, a $1.2 billion financial institution in the US state of Tennessee, is implementing Fiserv’s DNA core banking system and a range of auxiliary solutions from...
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Fintech start-up for SMEs Hufsy teams with SolarisBank for German launch
Berlin: where SME banking innovation happens Hufsy, a Denmark-based fintech start-up focused on SMEs, is expanding into Germany. Its banking partner in Germany is SolarisBank. Marko Wenthin, co-founder...
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Profile Software’s tech gets new live site in UK, Dolfin
Profile Software gains new client in UK London-based investment management firm Dolfin has gone live with Profile Software’s IMSplus and Axia systems. Profile says its solutions form Dolfin’s new...
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BBVA and Ripple complete blockchain cross-border money transfer pilot
BBVA and Ripple in blockchain cross-border payments trial BBVA has announced the completion of “the first real-life implementation of an international money transfer using Ripple’s new distributed...
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Payments start-up Plastc goes bust
Plastc not so fatastic Plastc, a US fintech start-up that created a card that could digitally hold 20 credit or debit cards, is filing for bankruptcy. “After making enormous leaps in development,...
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Corelation signs three credit unions for Keystone core tech
More credit unions sign for Corelation’s Keystone core processing tech California-based core banking software vendor Corelation has added three more customers to its list. These are: Blue Eagle Credit...
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