Banking TechRSS

Fiserv makes some noise in Illinois with core banking tech revamp

Interested in blockchain

Iroquois Federal Savings & Loan Association, a $580 million entity in the US state of Illinois, is modernising its front-to-back office technology with Fiserv.

Valley National Bank takes commercial lending to the cloud

The Clearing House and VocaLink plan to bring real time payments to the US

Valley National Bank, a $23 billion financial institution in New Jersey, is implementing nCino’s Bank Operating System for commercial lending.

GarantiBank International live with Five Degrees’ Matrix system

Flag_of_the_Netherlands.svg

GarantiBank International (GBI) has gone live with Five Degrees’ Matrix solution for retail savings and deposits in the Netherlands.

LSE terminates sale of LCH.Clearnet to Euronext

Euronext has an eye on LCH.Clearnet

Pan-European exchange Euronext has made an irrevocable cash offer of €510 million to acquire clearing and central counterparty (CCP) services provider LCH.Clearnet.

Rothschild Bank revamps client advisory with Finantix tech

Rothschild Bank goes digital

Finantix, a specialist provider of sales and advisory software to financial institutions, is implementing its digital suite at Rothschild Bank.

Brexit pushes UK prepaid crew’s call for passporting rights

It'll be hard

As the UK has officially started the process of leaving the European Union, the Prepaid International Forum (PIF), a trade association for the prepaid financial services sector, urges Prime Minister Theresa May and the UK’s Brexit negotiators to avoid any scenarios involving trade barriers to the financial markets, especially in the fintech sector.

Wells Fargo settles account-scandal claims but runs afoul of federal regulator

Wells Fargo

Wells Fargo will pay $110 million to settle a class action lawsuit brought by US consumers over a scandal about fake accounts its employees set up for customers without their knowledge. But the trouble continues for the bank, which has received a dim evaluation from a federal regulator.

RBC’s video MyAdvisor makes banking clients wiser

rbc logo

Royal Bank of Canada (RBC) has launched a live video service to let its clients connect in real time with its advisors. Called MyAdvisor, it uses an online advice platform to digitally connect a client to an advisor, where both can view and adjust a dashboard showing the client’s savings and investment goals and establish […]

Axion Swiss Bank live with Avaloq Banking Suite

Lugano, home of Axion Swiss Bank

Axion Swiss Bank has fully replaced its legacy tech – ERI’s Olympic core banking system – with Avaloq Banking Suite.

Oracle ponders acquisition of Accenture?

Acquisition-Defined

Oracle is exploring the feasibility of buying consultancy giant Accenture, and has hired specialists to that effect, it is understood.

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