Core bankingRSS

Amlak in core banking software overhaul with Temenos and NDC

Temenos gains new live site in Palestine

Saudi Arabia’s Islamic lender Amlak International has chosen Temenos’ T24 core banking system for a tech revamp. The implementation and delivery will be done by National Data Consultants (NDC), a Pakistan-based system integrator and Temenos partner in the Middle East and Asia. T24 will replace Silverlake Axis’ SIBS core banking system, which has been in […]

Prival Bank goes to the cloud with Temenos T24 core banking system

prival bank 1

Panama-based Prival Bank is implementing a new core banking system, Temenos’ T24. It will be delivered on the Microsoft Azure cloud. Temenos says Prival Bank is its “first regulated wealth client in the cloud”. Go-live is scheduled for 2018. The contract was signed in late 2015, it is understood. T24 will support lending and deposits […]

UAE’s new largest bank to consolidate ops on Temenos T24

Temenos gains new live site in Palestine

First Abu Dhabi Bank, the new entity created as a result of a merger between First Gulf Bank (FGB) and National Bank of Abu Dhabi (NBAD), is to centralise its operations on Temenos’ T24 core banking system. The new platform will support the bank’s conventional and Islamic banking operations across the board (retail, corporate, investment […]

Myanmar’s First Private Bank in tech revamp with Misys

Misys goes for banking gamification tech

Myanmar’s First Private Bank (FPB) has chosen the Misys FusionBanking Essence core banking system for a major tech revamp. The bank, which received the first banking licence in Myanmar in 1992, will upgrade its retail, corporate and digital offerings. FusionBanking will replace the bank’s “partially computerised distributed branch system”. Dr Sein Maung, chairman at FPB, […]

Avaloq under attack as Temenos starts year strongly

Temenos gains new live site in Palestine

Banking software vendor Temenos has reported a strong start to 2017 with total software licensing revenues up 19% – and it takes a swipe at rival Avaloq in the process. In its Q1 2017 financial results, its non-IFRS total revenues were $142.7 million compared to $129.4 million for the same period last year. Non-IFRS EBIT […]

Al Khaliji France moves to new core banking system, Temenos’ T24

Al Khaliji

Al Khaliji France, a Paris-based subsidiary of Qatar’s Al Khaliji Bank, has gone live with a new core banking platform, Temenos’ T24, at its branches in the UAE.

Corelation signs three credit unions for Keystone core tech

More credit unions sign for Corelation's Keystone core processing tech

California-based core banking software vendor Corelation has added three more customers to its list. These are Blue Eagle CU, Brazos Valley Schools CU and Long Beach City Employees FCU.

Profile Software’s tech gets new live site in UK, Dolfin

Profile Software gains new client in UK

London-based investment management firm Dolfin has gone live with Profile Software’s IMSplus and Axia systems.

Central Bank of Lesotho overhauls tech with Intellect Design Arena

Intellect Design Arena logo

The Central Bank of Lesotho has gone live on Intellect Design Arena’s Quantum Central Banking Solution (QCBS). According to India-based Intellect, the “key highlight was an accelerated implementation with zero errors during migration despite complex integration with multiple external interfaces”. Mothetsi Sekoati, head of business solution at Central Bank of Lesotho, says the project is […]

SouthEast Bank in front-to-back office tech revamp with Fiserv

US prepaid consumers not happy

SouthEast Bank, a $1.2 billion financial institution in the US state of Tennessee, is implementing Fiserv’s DNA core banking system and a range of auxiliary solutions from the vendor.

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