Central America


Guatemalan co-operative network selects Temenos core banking platform

Guatemala-based Federacion Nacional de Cooperativas de Ahorro y Credito (Fenacoac) has selected Temenos‘ RetailSuite core banking platform for its 25 co-operatives that operate under the brand Micoope. RetailSuite is the brand name for a variety of Temenos products, and includes the T24 core banking system and the business intelligence offering, Insight BI. Banking Technology understands […]

Belize’s central bank selects Swift to combat financial crime

The Central Bank of Belize has chosen Swift’s Sanctions Screening solution to combat financial crime and put in compliance controls. The bank says: “Implementing the right compliance controls within an organisation is not only a regulatory responsibility, but also a priority for global security.” Juan Martínez, managing director Latin America and the Caribbean, Swift, says […]

Sterling Bank and Trust signs for iFinancial BankWare core system

Sterling Bank and Trust, a new bank in the Bahamas, has selected the BankWare core system from UK-based International Financial Systems’ (iFinancial). The bank will be using the multi-currency accounting, exposure management, current accounts, deposits, loans, payments, and Swift modules from the BankWare portfolio of retail and wholesale banking solutions. The bank is part of […]

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

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 […]

DeVere Group launches private bank

Financial adviser firm DeVere Group has unveiled its own private bank, DeVere Group Bank St Lucia. The company says the launch “has been facilitated” by the acquisition of St Lucia-based Arton Bank for an undisclosed sum. Arton Bank was set up and licensed in 2014 under the Offshore Banking Act 1996. Founder and CEO of […]

JN Fund Managers in digital tech revamp with Objectway’s Conectus

JN Fund Managers (JNFM) has chosen Objectway’s Conectus solution for digital communication and reporting on clients’ investments. JNFM, a wholly owned subsidiary of Jamaica National Building Society (JNBS), will use interactive collaboration tools such as chat, video call and screen-sharing. Investors will also be able to make requests digitally and place trade orders. Sharon Whitelocke, […]

Samsung Pay launches in Puerto Rico

Samsung Electronics is bringing Samsung Pay to Puerto Rico. Samsung Pay will support eligible credit cards from Banco Popular, Puerto Rico’s largest bank, and will be available on AT&T, T-Mobile, Sprint and Claro networks in Puerto Rico. The firm says Samsung Pay is the “only” mobile wallet that allows users to pay with their compatible […]