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Top fintech stories this week – 2 December 2016

Banking Tech 2

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

Avaloq in talks with private equity firms?

Major bank BPCE acquires challenger bank Fidor

Avaloq is rumoured to be talking to private equity (PE) firms. Suitors reportedly include New York-based KKR.

Smith & Williamson in system selection mode

New core software selection in the UK

Smith & Williamson, a UK-based investment, tax and accountancy services firm, is looking for a core processing system, Banking Technology understands.

Top fintech stories this week – 28 October 2016

Banking Tech 2

Catch up on Banking Technology’s top five fintech stories of the week – all in one place! HSBC Private Bank live with Avaloq Banking Suite EXCLUSIVE. It’s on in Switzerland and Luxembourg. European Association for Biometrics conference Eyes down for our event review. New challenger bank to launch in UK Hampshire Community Bank wants a […]

HSBC Private Bank live with new core banking system, Avaloq Banking Suite

Avaloq gets new core banking customer in Switzerland

Global giant HSBC has deployed Avaloq’s flagship core banking solution, Avaloq Banking Suite, for its private banking operations. The system is now live in Switzerland and Luxembourg.

Top fintech stories this week – 7 October 2016

Banking Tech 2

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

Avaloq locks on innovation with developer portal launch

Avaloq gets new core banking customer in Switzerland

Innovation gets more adoration as Avaloq is opening up to developers with a new portal activation. It says freelancers, start-ups, fintechs and banks will be able to innovate jointly using a dedicated online portal. Through this site, the developer community can commercialise technologies and share results within the community and the “entire Avaloq community”, which […]

Avaloq core banking implementation at BHF-Bank put on hold

Avaloq gets new core banking customer in Switzerland

Avaloq’s implementation of its Avaloq Banking Suite at BHF-Bank in Germany has been put on hold due to differences in the interpretation of the contract. Avaloq tells Banking Technology that it is “not due to technical reasons” and it “continues to engage in conversations” with the bank. Philippe Oddo, chairman of BHF-Bank, adds that he […]

apoBank evaluates Avaloq Banking Suite

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Germany-based Deutsche Apotheker-und Ärztebank (apoBank) is considering the implementation of Avaloq’s flagship core banking system. The two parties have signed a contract to “analyse and elaborate how far the execution of the apoBank IT strategy can be based on the Avaloq Banking Suite”, Avaloq says. The bank – which primarily focuses on servicing the healthcare […]

Axion Swiss Bank to replace legacy tech with Avaloq Banking Suite

Avaloq gets new core banking customer in Switzerland

Axion Swiss Bank, a private bank focusing on asset management and consultancy, is migrating its technology to Avaloq’s BPO centre, Avaloq Sourcing Switzerland. On the way out is ERI’s Olympic core banking system.

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