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Finabank in core banking tech revamp with Temenos and Sofgen
Eblein Frangie, Finabank (left) and Enrique O’Reilly, Temenos (right) Finabank in Suriname has signed for a front-to-back office suite of tech from Temenos to drive its “multi-lingual [Dutch and...
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California Coast Credit Union opts for PSCU’s paytech
PSCU, a Florida-based credit union service organisation (CUSO), has added California Coast Credit Union to its customer ranks. California Coast, which has $2.4 billion in assets, 24 branches and...
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Coconut launches business current account for self-employed
Sam O’Connor, Coconut UK start-up Coconut (formerly Monizo) “cracks open” its “smart” business account for freelancers and self-employed people – Coconut Start – which combines banking and accounting...
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BPCE signs for Meniga’s digital banking tech
BPCE signs for Meniga’s digital baking tech BPCE, France’s second largest banking group, has partnered with digital banking tech provider Meniga. The vendor’s solutions will be implemented at BPCE’s...
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Saudi Arabia to build new testing and certification scheme for payments
Saudi Arabia in paytech modernisation Consultant and testing services provider FIME has been selected by mada, Saudi Arabia’s domestic payment scheme, to develop a bespoke cloud-based testing platform...
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Bankwest launches Australia’s first payments ring, Bankwest Halo
Australia-based Bankwest has launched a new contactless payment offering – a Bankwest Halo ring – the country’s first. “Whether you’re out for a jog, at the beach or balancing groceries and kids, your...
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Challenger bank Fiinu to put people before profit
Fiinu: putting people before profit A new challenger bank is coming to the UK – Fiinu. It says it “wants to change the financial services industry and improve the lives of millions of people”. “Most of...
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TSB to invest £100m into UK’s SME sector
Richard Davies, TSB TSB is muscling into the UK’s SME financial services space with a pledge to invest up to £100 million in small businesses. “The small business banking market is dominated by the big...
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Central Bank of Trinidad and Tobago in tech modernisation with Simcorp
Central Bank of Trinidad and Tobago in tech overhaul Central Bank of Trinidad and Tobago has signed for the Simcorp Dimension investment management platform, supplied by specialist wealthtech vendor...
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Urban FT takes over troubled Digiliti Money
Digiliti Money bids farewell Digiliti Money (formerly Cachet Financial Solutions) will become part of Urban FT, a US-based provider of digital banking software. Digiliti will merge into Urban FT’s...
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Santander and Ripple to launch blockchain-based consumer payments
Santander to launch DLT-based consumer payments Santander is planning to introduce blockchain-based mobile international payments for its retail clients in Q1 this year, according to the bank’s latest...
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ION acquires treasury management tech vendor Openlink
Openlink acquired by ION Openlink Financial, a provider of trading and risk management tech for the energy, commodities and financial services industries, has been acquired by ION Investment Group. The...
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Myanmar Citizens Banks signs for Temenos’ T24 core banking system
New core banking tech deal for Temenos in Myanmar Myanmar Citizens Bank (MCB) has signed for Temenos’ T24 core banking system, FinTech Futures understands. The implementation partner is Techmill...
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Start-up Intrapay enters payments fray
Make way for Intrapay’s payments powerplay Intrapay, part of the Sappaya payments ecosystem, has launched for business “to refresh the payments industry with customer-driven innovation”. It is the...
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Standard Chartered signs for Moneythor’s digital banking toolkit
New tier one bank client for Moneythor Moneythor, a Singapore-based fintech firm, has gained a new taker for its digital banking toolkit and personalisation engine – Standard Chartered. “The initial...
View ArticleVirtual agent Amelia answers Credit Suisse’s call for tech support
Credit Suisse has recruited New York-based artificial intelligence (AI) tech vendor IPSoft for a “pioneering development” – an “in-house virtual agent who helps thousands of employees with day-to-day...
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Revolut ditches Wirecard for in-house card issuing
Revolut brings card issuing in-house Revolut will no longer be relying on Wirecard for card issuing as it has now brought this function in-house. As reported earlier, Revolut is doing the same to card...
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Banca IMI consolidates trading business on Murex MX.3 platform
Italy-based Banca IMI, the investment bank of the Intesa Sanpaolo banking group, has consolidated all front office trading activities on a single platform – MX.3 from Murex. The multi-year project...
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Trustbank Amanah goes live on Path Solutions’ iMAL core banking system
Trustbank Amanah, the first Islamic bank in Suriname, has gone live with its new core banking system, iMAL from Path Solutions. The bank, formerly known as Trustbank Suriname, has switched from...
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US challenger Marathon International Bank to join fintech race
A new bank is set to launch in the US to cater for the Ethiopian American community, Marathon International Bank. The bank will be based in the Washington DC area. Its founders are Tekalign Gedamu, a...
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