Commercial bankingRSS

Seven European banks join forces for blockchain platform for SMEs

Major banks team up for blockchain platform for SME commerce

Seven European banks – Deutsche Bank, HSBC, Natixis, KBC, Rabobank, Société Générale and UniCredit – have agreed in principle to develop a blockchain-based shared platform for domestic and international commerce for SMEs.

People’s Bank of Zanzibar to overhaul core banking tech with ICS Banks

People's Bank of Zanzibar in core banking tech overhaul with ICSFS

People’s Bank of Zanzibar (PBZ), a state-owned bank in Tanzania, has concluded its core banking system selection. The bank has signed a deal with ICS Financial Systems (ICSFS) to implement the vendor’s ICS Banks platform.

Wyelands Bank in ownership, brand and core banking software overhaul

Wyelands Bank

Wyelands Bank (formerly Tungsten Bank) is relaunching in 2017 with a new core banking system.

Fiserv acquires cash management software vendor Online Banking Solutions

Fiserv acquires Online Banking Solutions

Online Banking Solutions (OBS), an Atlanta-based provider of cash management software, is being taken over by banking tech giant Fiserv.

Interview: Kyle Ferguson, Fraedom’s CEO – on the road to Fraedom

Kyle Ferguson, Fraedom

Payments technology and expense management specialist Fraedom is on the journey to tap into the $110 trillion B2B market opportunity that remains untapped today. “If the technology is both powerful and intuitive, people will use it,” states Kyle Ferguson, Fraedom’s CEO.

Top fintech stories this week – 16 September 2016

Banking Tech 2

Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

CIBC completes phase one of transaction banking tech revamp

Bingo Cards and Chips

Intellect iGTB, the global transaction banking software business of Intellect Design Arena, has implemented its products at CIBC. The project is part of a multi-stage transaction banking and payments tech overhaul at the Canadian banking group.

Banking Technology Awards 2016 – shortlist unveiled

Banking Tech 2

Our rejuvenated Banking Technology Awards have received an unprecedented amount of entries this year – from banks, financial institutions, fintech firms and individuals worldwide – and we are happy to reveal the shortlisted candidates. Now in their 17th year, Banking Technology Awards recognise and reward excellence and innovation in the use of IT in financial […]

SAB lands first core banking software deal in UAE, with Reem Finance

Core banking system SAB AT gains first tier in the UAE

UAE-based Reem Finance has overhauled its core software with French vendor SAB and its flagship core banking system, SAB AT. This is the first taker of the system in the UAE, to Banking Technology’s knowledge. Banking Technology understands that on the way out is the Ethix system from regional vendor International Turnkey Systems (ITS). It […]

Temenos and BACB go public on core banking software project

Temenos goes public on core software project at BACB

Temenos has officially confirmed it is implementing its software at British Arab Commercial Bank (BACB). As reported by Banking Technology back in February, BACB opted to replace its legacy core system, Misys’ Midas, with T24. Temenos is also supplying its digital channels (Temenos Connect) and analytics (Insight BI) products to the London-based corporate bank. Temenos […]