Bank of Ireland’s new CEO reviews tech revamp

Bank of Ireland

Bank of Ireland’s new CEO is understood to be reviewing its five-year €900 million modernisation initiative – aka Project Omega – according to the Irish Times. As Banking Technology reported last year, the new set-up will be hosted by Capgemini. The bank was known to be evaluating a joint Software-as-a-Service (SaaS) offering from Temenos and […]

Orange to peel open mobile-only bank in November


French telecoms firm Orange is set to launch its delayed mobile-only bank in November as it looks to tap into its current customer base. As Banking Technology reported in January 2016, Orange outlined its plans for a new bank. While in April 2016, it made a significant stride in its mobile banking ambitions by acquiring […]

Falcon plans to feather more nests with new digital platform

falcon logo

Zurich-based Falcon Private Bank has unveiled a new digital platform, Falcon Pulse, as it looks to boost its ambitions in wealth management. Main features will include an algo trader that daily rebalances a portfolio’s asset allocation to “optimise” performance as well as an idea generating tool that will screen market information to offer the “best […]

Crowdfunding platform OurCrowd moves into Spain


Israeli equity crowdfunding platform OurCrowd has furthered its global expansion by opening an office in Spain, reports Julie Muhn at Finovate (Banking Technology’s sister company). The company’s founder and CEO Jon Medved has identified Spain and the Iberian region as one of OurCrowd’s “priority markets” since Madrid is in the heart of Europe and a gateway […]

Nordea and DNB unite in the Baltics as Luminor Bank

Luxoft goes shopping

Luminor Bank is the new name and brand for the unified operations of Nordea and DNB in the Baltics region.

Evry in five-year, $18.7m card deal with Aktia Bank


Norway-based banking tech vendor Evry will provide Finland’s Aktia Bank with the “entire value chain for card payments”, including virtual debit and credit cards for the bank’s digital proposition, Aktia Wallet.

Banco Santander makes Mioti move for IoT education

Hello digital tech

Banco Santander, through Santander Universities and Fundación Universia, will work with internet of things (IoT) institute Mioti to provide training grants and courses in the growing IoT sector. Madrid-based Mioti, “the first 100% IoT institute in Spain”, is a place for companies, entrepreneurs and start-ups to develop their ideas. Banco Santander becomes one of four […]

IT services business AMS systems PSF acquired by Calligo


Calligo, a global cloud solution provider, has purchased AMS Systems PSF, a Luxembourg based IT services business that provides managed services and cloud infrastructure to the financial sector. Financial terms were not disclosed but the acquisition means big things for Calligo. Not only does it allow further expansion, but also access to AMS Systems’ technology […]

Wirecard continues Alipay push with merchant deals


Wirecard has announced two partnerships this week to expand Alipay acceptance in Europe, one with Schustermann & Borenstein (S&B) and another with Swarovski Crystal Worlds.

Singapore payments start-up Instarem lands in Lithuania

Lithuania keen on fintech

Singapore-headquartered start-up Instarem has entered the European paytech arena and will now provide international money transfer services from Vilnius in Lithuania. The Bank of Lithuania has issued an approval for the electronic money institution (EMI) licence. As reported last year, the bank, the country’s central bank and regulator, promised to provide preliminary answers to financial […]