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Avaloq has a breakthrough in Austria with two new core banking software clients
Avaloq gains two core banking software clients in Austria Private banking software vendor Avaloq is to gain two sites in Austria for its flagship core banking system, Avaloq Banking Suite. These are at...
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Earthport gains foothold in Sri Lanka via Commercial Bank of Ceylon
Earthport partners with Commercial Bank of Ceylon for remittances Earthport, a cross-border payments service provider, has inked a deal with Commercial Bank of Ceylon to provide local payment...
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FIX Trading Community releases standards for MiFID II transaction and trade...
FIX Trading Community develops MiFID II standards FIX Trading Community, the non-profit standards body for the global financial trading industry, has unveiled the FIX Protocol for use for transmitting...
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New fintech platform for cash savings launched by ex-Merrill Lynch directors
Paul Richards and Giles Hutson, Insignis, promise to revolutionise how clients manage their cash deposits Two former Merrill Lynch directors, Paul Richards and Giles Hutson, have unveiled a new fintech...
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Taiwan Business Bank expands contract with Wolters Kluwer
Wolters Kluwer gains new client for OneSumX Wolters Kluwer’s regulatory reporting platform, OneSumX, will be used by the Chinese branch of Taiwan Business Bank. With the need for enhanced regulatory...
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UniCredit and Open Bank Project launch fintech start-up competition
It’s competition time! UniCredit and Open Bank Project are looking for innovative fintech start-ups UniCredit and Open Bank Project, an open source API and app store for banks, invite fintech...
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Myanmar Oriental Bank in banking software revamp
Myanmar is busy with banking tech projects Myanmar Oriental Bank (MOB Bank) is looking to modernise its core banking software. Banking Technology understands that the new system of choice is Temenos’...
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Neema and MasterCard team up for debit card for migrant workers in Asia
Barak Ben Ezer, co-founder of Neema Fintech start-up Neema has issued the MasterCard debit card for migrant workers from the Philippines, India, Nepal and Sri Lanka – which promises to drastically...
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Travelex partners with Wirecard to launch new card and mobile product, Supercard
Travelex launches Supercard, a MasterCard and mobile app combo Travelex has launched Supercard, a MasterCard and mobile app combo for UK travellers to avoid debit/credit card roaming fees and charges...
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Sberbank to overhaul core banking platform
Sberbank in major core banking software overhaul Russia’s largest banking group, Sberbank, is undergoing a major technology overhaul. The bank’s senior MD of technology, Mikhail Khasin, did a...
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Copedu searches for new core banking system and consultant
Copedu is looking for new software & consultant Co-operative of Savings and Credit Duterimbere (Copedu), a non-profit finance organisation in Rwanda, is looking for a consultant to help it select...
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Broadridge acquires 4sight Financial Software
Broadridge acquires fellow vendor 4sight Financial Software Broadridge Financial Solutions has taken over fellow vendor 4sight Financial Software, a provider of securities finance and collateral...
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Eurobank in digital banking overhaul with Accenture
Eurobank embarks on digital transformation Eurobank Ergasias has signed a ten-year agreement with Accenture to pursue digital transformation of its subsidiaries in Romania, Bulgaria, Serbia and...
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Mambu launches fintech start-up programme
Mambu invites start-ups to build innovative solutions using its cloud-based core banking platform Banking software vendor Mambu has joined forces with a number of accelerators and incubators to launch...
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Broadridge to acquire DST Systems’ North American Customer Communications for...
The acquisitive Broadridge takes over yet another company DST Systems, a provider of business data services to the financial services and healthcare markets, is selling its North American Customer...
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Nymbus acquires credit unions software vendor KMR
Kai Ravnborg, KMR: ” I was absolutely blown away by the Nymbus demo!” Hot on the heels of the R. C. Olmstead (RCO) acquisition, core banking software start-up Nymbus takes over another fellow vendor,...
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Corezoid takes digital core process engine to Amazon Web Services cloud
Corezoid’s applications Corezoid, a US-based provider of a Platform-as-a-Service (PaaS) solution to banks, has announced that its product can now be delivered on the Amazon Web Services (AWS) cloud....
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Humans will have to go as Bank of America gears up to go digital
Bank of America gears up for major layoffs. Picture source: Reuters/Shannon Stapleton Bank of America is shrinking its consumer banking division by 8,000 people as it prepares to go digital. The bank...
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Morgan Stanley in $1bn cost-cutting exercise, Project Streamline
James Gorman, Morgan Stanley: “Project Streamline is not to be underestimated.” Morgan Stanley is going through a major cost-cutting initiative – Project Streamline – in an attempt to shed $1 billion...
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Indopay and ACI Worldwide team up for international e-commerce platform
Indopay to expand across Asia with ACI’s UP eCommerce Payments platform PT Indopay Merchant Services, a subsidiary of Indonesia’s banking solutions provider PT Abhimata Persada, has teamed up with ACI...
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