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Temenos cuts jobs in US; eyes D+H payments business

Someone gotta go...

Banking software vendor Temenos is understood to have laid off a number of staff across its operations in the US, including at the Trinovus and Akcelerant subsidiaries. It is also understood to be eyeing the payments business of DH Corporation, Global Transaction Banking Solution (GTBS, formerly Fundtech).

Banking Technology February 2017 issue out now

Banking Technology February 2017

The latest edition of our flagship magazine – Banking Technology – is out now, packed with news, analysis and insights, case studies, research and expert commentary.

D+H unveils simulated tests for real-time payments

D+H ponders sale

DH Corporation (D+H) is now offering banks a cloud-based testing environment to simulate connectivity to The Clearing House’s (TCH) real-time payments system. D+H says it is the first payments hub vendor to provide banks in the US “easy and low-risk” access and with “minimal investment”. It offers an optional open API layer, where banks can […]

Banking and payments tech vendor D+H up for sale?

D+H ponders sale

North American banking and payments tech vendor DH Corporation (D+H) has set up a committee to review its possible sale, it is understood.

Payments and blockchain: Pilotville

Blockchain and payments – Piltoville

The payments industry went just a bit blockchain bonkers at this year’s Sibos. Distributed ledger technology (DLT) was a hot topic throughout the week. This was quite astounding given there are very few examples of working blockchain or DLT use cases; most of the initiatives under way are proofs of concept.

New go-lives for D+H Corporation’s PhoenixEFE core banking system

D+H gains new live sites for its PhoenixEFE core banking system

Provident Credit Union in California and MountainOne Bank in Massachusetts have gone live with new core banking software – PhoenixEFE from D+H Corporation.

Lloyds selects Bacs payment solution from D+H

Lloyds-TSB-Commercial-Finance

DH Corporation (D+H) has onboarded UK’s Lloyds Banking Group for its white-labelled Bacs payment service. Lloyds “sought to provide new payment services to enhance clients’ payables and receivables processes”, says D+H. To begin with, Lloyds will offer the vendor’s Bacs capabilities to SMEs and mid-market clients, but D+H hopes this will be subsequently scaled up […]

Union Bank of Philippines picks D+H for cash management services

D+H pledges commitment to real-time payments

Union Bank of the Philippines has chosen US-based D+H Corporation’s suite of cash management solutions. The bank¸ which provides products and services to more than 7,000 corporate clients, has embarked on a “major transformation” of its cash management services business and wanted to simplify its IT environment. John Ong, head of transaction banking, Union Bank […]

UniCredit to unify global transaction business on one platform

UniCredit in technology standardisation drive

Italian banking heavyweight, UniCredit, is working on standardising its global transaction business (GTB) on one platform, underpinned by D+H’s Global PayPlus (GPP) system. GPP is supplied by D+H’s Global Transaction Banking Solution (GTBS) unit, formerly known as Fundtech. UniCredit’s GTB business covers 17 countries – the bank has accrued it via an aggressive M&A strategy […]

Allied Irish Banks to modernise payments software with Dovetail

Allied Irish Banks in payments software modernisation

Allied Irish Banks (AIB) is set to modernise its payments platform. The bank has recently concluded a system selection to that effect. The new supplier is Dovetail, Banking Technology understands. The new payments hub will support high-value, low-volume payments as well as high-volume, low-value ones. Dovetail’s solution will replace the Global PayPlus (GPP) legacy platform […]

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