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Salem Five Bank in major tech overhaul with Fiserv

Salem Five Bank revamps tech with Fiserv

Salem Five, a $4.2 billion mutual bank in Massachusetts, is embarking on a major technology overhaul with Fiserv’s core, digital banking, payments, and commercial solutions.

Citi’s institutional clients in APAC can now ditch their physical login tokens

Citi

Citi’s institutional e-banking platform, CitiDirect BE, will now use MobilePASS which lets corporate users replace their physical login tokens with their personal mobile devices for authentication.

Become a banking “curator” says ANZ

ANZ-logo

The future of commercial banking may well lie in being “curators”, according to Australia and New Zealand-based banking group, ANZ. In an interview with the Australian Financial Review, Mark Hand, managing director, corporate and commercial banking at ANZ says commercial bankers will “morph into ‘curators’ for their business clients by linking customers with reputable, external […]

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

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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.

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