Fiserv buys payments software vendor Dovetail

Fiserv's Precision core banking system gains new taker

Fiserv has acquired payments software vendor Dovetail as it pushes deeper into the payments infrastructure sector. Financial terms were not disclosed. Through the acquisition, Fiserv says it will combine Dovetail’s real-time payments platform, services and business processing with its payment capabilities. Dovetail had been one of the very few independent fintech beacons in the industry, […]

Bank of Cyprus in digital transformation with IBM

Bank of Cyprus embraces digital with IBM

Bank of Cyprus has selected IBM as its “strategic partner” for its digital transformation plan.

Top fintech stories this week – 21 April 2017

Banking Tech 2

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

Intesa Sanpaolo and EBA Clearing complete first pan-European instant payment test

land area in Europe the night

Italy’s largest retail bank, Intesa Sanpaolo, and EBA Clearing have successfully completed their first user testing activities on Dovetail’s solution for EBA’s pan-European real-time payment platform. Among the institutions funding the new EBA infrastructure, Intesa Sanpaolo is the first one to connect to the test system. The new infrastructure will provide a real-time payment processing […]

Bank of Cyprus chooses Dovetail for payments revamp

Bank of Cyprus 1

Bank of Cyprus has selected Dovetail’s payment solution to support Swift, Target2, SEPA credit transfer and direct debits. The project is part of the bank’s ongoing digital transformation programme. Dr Andreas Stylianou, manager organisation and change, Bank of Cyprus, says: ‘Payments are the life blood of our business. We needed a modern, proven payments solution […]

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.

New SaaS tech delivery – Form3 Financial Cloud – launched for UK banks and FIs


Start-up Form3 Financial Cloud will offer payment and core banking solutions through a Software-as-a-Service (SaaS) delivery model. These are the Dovetail payments system and a new core banking system recently launched by Thought Machine.

Interview: Martin Coen, CEO of Dovetail

Martin Coen, Dovetail

Payments software vendor Dovetail is one of the very few independent fintech beacons in the industry, having not fallen into the hands of a large tech conglomerate. The company pioneered the concept of a “payment services hub” – before analysts coined the term – and has maintained double digit growth over the last decade. So what’s next? Banking Technology talks to Martin Coen, Dovetail’s CEO.

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 […]

Dovetail delivers BMO Harris Bank payments upgrade


Payment systems specialist Dovetail has helped US-based BMO Harris Bank with the upgrade phase of its wire platform replacement project. Dovetail’s solution provides “modular, out-of-the-box” payments processing capability that enables the bank to “improve in the short term while working towards an ultimate goal of full legacy replacement”, comments Martin Coen, CEO of Dovetail. Dovetail […]