Automation in US banking – part 1

Fintechs to get bank charters

Art Gillis, a seasoned banking technology consultant (working in the computer industry since 1958 – and listed as a top 25 tech consultant by the American Banker) and author, presents his latest “Automation in Banking” report (#31!), which looks at the US core banking and ancillary software market.

DSK Bank moves core and digital banking ops to IBM Cloud

SAP is targeting tier one, two and three banks with its cloud financial solutions

DSK Bank, Bulgaria’s largest bank and a member of the OTP banking group, has completed the migration of its banking operations to IBM’s data centres.

Silvergate Bank overhauls front-to-back office tech with FIS


California’s Silvergate Bank has implemented a suite of systems from FIS in a major tech overhaul – from a new core banking system to branch, digital and mobile banking, compliance and risk. The new core banking platform – FIS’s Horizon – will let the bank “streamline” its third party systems, such as account opening and […]

Mirae muscles into US market with new services; tech provided by FIS

Real-time payments system step closer in the US

Mirae Asset Securities, a subsidiary of Asia’s Mirae Asset Financial Group, has selected FIS as its technology partner to launch prime brokerage, global securities lending, repo, delta one and correspondent clearing businesses in the US.

Top ten core banking software projects in 2016

CEO is now Chief Cultural Transformation Officer

Look back at some of the major core banking software projects in 2016, with Banking Technology’s top ten.

Arab Bank Switzerland ditches FIS/Sungard core system for Avaloq BPO

Arab Bank (Switzerland) in tech revamp

Arab Bank (Switzerland), a private bank in Geneva, has signed a long-term deal with Avaloq for the vendor’s complete business process outsourcing (BPO) services.

Citi and FIS get pally with PayPal


Citi and FIS have formed separate agreements with PayPal for Citi cardmembers and FIS linking payment cards. For Citi, its customers will be able to use their Citi Cards with PayPal – online, in-app and in store – in 2017. Terms of the agreement are not being disclosed. With this agreement, Citi says it is […]

FIS fuels Faster Payments for Raphaels Bank

UK-based Raphaels Bank has chosen FIS’s reconciliation solution to help extend access to Faster Payments. Earlier this year, Raphaels Bank became the first new member of the Faster Payments Scheme (FPS) since its inception in 2008, stating its “aim was to improve access to the scheme”. The bank offers a sponsorship model for “instant connectivity” […]

Daily News at Sibos 2016 – Day 4

Daily News at Sibos 2016 – Day 4

Read our fourth and final Daily News at Sibos edition of the Sibos 2016 conference in Geneva – all the latest news and analysis from Swift’s premier event of the year. Free to read online or pick up a complimentary print copy if you are at Sibos!

FIS revamps Bank Leumi USA’s tech platform


Bank Leumi USA, part of the Bank Leumi Group, has replaced its legacy technology platform with FIS’s banking and payments solutions, including core processing, branch, digital and mobile banking, compliance, risk and back office systems. FIS says it was a “big bang” project implementation and large in size and scope for a mid-sized banking institution. […]