Temenos and BACB go public on core banking software project

Temenos goes public on core software project at BACB

Temenos has officially confirmed it is implementing its software at British Arab Commercial Bank (BACB). As reported by Banking Technology back in February, BACB opted to replace its legacy core system, Misys’ Midas, with T24. Temenos is also supplying its digital channels (Temenos Connect) and analytics (Insight BI) products to the London-based corporate bank. Temenos […]

Philippines Land Bank goes live on Miles Software’s MoneyWare Custody


Land Bank of the Philippines (LBP) has gone live with Miles Software’s MoneyWare Custody solution. The government-owned bank was recently accredited by the Bangko Sentral ng Pilipinas (central bank) to offer third party security custody and registry services. The new deal is part of its growth plans. Josephine Cervero, senior vice-president and trust officer, LBP, […]

Let’s all get together? Not likely – mobile payments are still a far, far away dream!

Getting together to harmonise the mobile payments landscape? If only!

In the course of a recent active business day I observed myself carrying a multitude of financial instruments. I had to make a payment from my business checking account to a local government agency and I was reluctant to use my business debit card. Should I have chosen my credit card the agency charged an […]

Top ten retail banking sites in the UK – July 2016

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With digital banking sharply on the rise in the UK – according to the latest figures released by the British Bankers Association – who is leading among the UK retail banks? We have put together some nifty stats for the top ten online banking sites in the UK for the past month (data courtesy of SimilarWeb). […]

Octopus Investments launches Octopus Labs for fintech start-ups


A UK-based investment firm, Octopus Investments, is looking to onboard fintech start-ups for its 12-week accelerator programme with Octopus Labs. “We’re rebuilding financial services,” states Octopus Labs. “The financial services sector is broken. We’re on a mission to rebuild it.” The programme will provide mentoring, office space in central London, plus potential access to Octopus […]

Infographics: real-time payments – the odyssey

Real-time payments infographics

Banking Technology, ACI Worldwide and Nets have joined forces to survey the global market about the highs and lows of its current journey towards real-time payments. From individual institutions’ readiness to key market drivers, obstacles and fraud concerns, and everything in between – survey participants from across the globe share their views.

Merchant Bank of Sri Lanka in tech overhaul with Fiserv

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Merchant Bank of Sri Lanka (MBSL) has signed for Fiserv’s Signature back office system and the Teller front-end solution. MBSL has around 100,000 customer accounts and 49 branches. Last year, it merged with its two subsidiaries, MBSL Financial Services and MBSL Savings Bank. Fiserv says the bank needed new technology that was “flexible, scalable and […]

Misys appoints advisers for £5.5 billion IPO

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Banking technology vendor Misys – currently residing in the hands of US-based Vista Equity Partners – is understood to be gearing up for an IPO on the London Stock Exchange. According to City AM, Misys is planning a £5.5 billion float and has appointed investment advisory firm Moelis to oversee it. In its current form, […]

Al Hilal Bank’s new CIO looks to collaborate with fintechs

Al Hilal Bank looks to partner with fintechs

UAE-based Al Hilal Bank has got a new CIO, Gopi Krishnan. He is calling on fintech CEOs to get in touch “to explore ways to collaborate”. Krishnan moves from another regional bank, Qatar Islamic Bank (QIB), where he was CIO since 2012. Prior to that, he was with BankMuscat International as programme director in charge […]

Digital games banks got to play – part 2

CEO is now Chief Cultural Transformation Officer

Today, most banks want to be digital leaders because that is where the customers are! This has brought in a change in the attitude of many traditional banks. Arun S. Padaki, a seasoned corporate banker, credit risk and business process management consultant, explores what it takes to become a digital leader and who is already […]