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MBT Bank outsources core banking tech to Jack Henry
Welcome to core banking tech adventure MBT Bank, an Iowa-based bank with $340 million in assets, is implementing new core and digital banking software supplied by domestic vendor Jack Henry &...
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Ziraat Bankasi KSA in core banking system upgrade with NDC and Temenos
Ziraat Bankasi KSA, a Saudi Arabian subsidiary of Turkey’s banking group Ziraat, has upgraded its core banking system, Temenos’ T24. The bank moved from R10 to R17, with the project delivered by NDC,...
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Nova Merchant Bank live with Intellect Design Arena’s core banking system
Nova Merchant Bank HQ, Lagos, Nigeria Nova Merchant Bank, a new bank in Nigeria, has implemented the Intellect Digital Core (IDC) core banking system from India-based banking tech provider Intellect...
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US challenger banks: who’s who and what’s their tech
US challenger banks: who’s who and what’s their tech With the US Office of the Comptroller of the Currency (OCC) now accepting applications for national bank charters from non-depository fintech firms,...
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Four de novo banks coming to Carolinas
De novo banks powering up in the US Three US start-up banks are being launched in North Carolina – with one also powering up in South Carolina. American Bank & Trust will be based in Monroe,...
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First Federal Savings Bank outsources core and digital banking tech to COCC
First Federal Savings Bank, a $220 million community bank in the US state of Ohio, has selected a new core banking software provider – Connecticut Online Computer Centre (COCC). The vendor says the...
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Halyk Bank Georgia in e-banking tech revamp with Asseco
“Polish IT products appreciated in Georgia” Halyk Bank Georgia, a subsidiary of Kazakhstan’s major financial services player, Halyk Bank, has completed the first phase of its e-banking revamp. The bank...
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Fintech W.UP gets new president and investor
Balázs Vinnai, W.UP: “time is ticking away for banks” W.UP, a Hungary-based digital sales company for banks and financial institutions, has appointed a new president Balázs Vinnai, who is also the...
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PSECU live with new core banking system, Corelation’s Keystone
Pennsylvania State Employees Credit Union (PSECU) has converted from the legacy Jack Henry’s Symitar core processing system to Corelation’s Keystone. The deal was unveiled last summer, and is...
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Amex to pilot Neener Analytics tech in Middle East
American Express (Amex) has selected Neener Analytics, a provider of social media analytics tools, for a pilot in the Middle East. Neener Analytics offers alternative risk assessment and marketing...
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Cinnober to be taken over by Nasdaq for $190m
Cinnober to be acquired by Nasdaq for $190m Nasdaq has made a $190 million all cash offer for Swedish trading tech firm Cinnober. The proposed acquisition, Nasdaq says, “advances and accelerates...
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TransPecos Bank launches new digital brand, outsources tech to Nymbus
New digital bank for medical professionals Texas-based TransPecos Bank has turned to banking tech vendor Nymbus for the launch of a standalone digital banking brand – BankMD – that focuses on medical...
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Al Salam Bank Bahrain revamps mobile banking with Clayfin
Anwar Murad, ASBB Al Salam Bank Bahrain (ASBB), an Islamic bank in Bahrain, has launched a new mobile banking solution underpinned by Clayfin’s technology. The two parties already have a long-standing...
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Ithmaar Bank and Eazy Financial Services team for biometric payment network
Bahrain-based Ithmaar Bank and Eazy Financial Services announced plans to launch the region’s first biometric payment network. The initiative has the financial backing of Bahrain’s public authority...
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Goldman Sachs leads $52m funding round for JUMO
Goldman Sachs leads $52m funding round for JUMO JUMO, which claims to be “the largest and fastest growing technology platform for operating inclusive mobile financial services marketplaces”, has closed...
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iSignthis acquires core banking tech vendor Probanx for €400,000
Core banking tech vendor Probanx acquired by paytech firm iSignthis Payment and identity technology company iSignthis has acquired a core banking system vendor, Probanx Information Systems, for...
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Tiffany & Co and Worldline unveil UK’s first luxury vending machine
Who says vending machines can’t dispense luxury European paytech firm Worldline has delivered the first UK unattended Valina payment terminal, the world’s first all-in-one Android-based payment...
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Fiserv scores three core banking tech clients in Canada
Fiserv scores three core banking tech clients in Canada North American banking tech heavyweight Fiserv has scored a trio of new Canadian clients for its DNA core processing system. These are Crosstown...
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Revolut records annual loss but revenue grows fivefold
Revolut’s business on the rise Challenger banking service Revolut has reported its annual results for the year 2017, with some stark figures: the revenue has increased fivefold to £12.8 million ($16.8...
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Banco BPM is Cristal clear on instant payments
Worldline helps Banco BPM with instant payments Italy’s Banco BPM has selected Worldline’s Cristal licensed software package for the implementation of its instant payment platform. The vendor says its...
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