Harrods Bank


Harrods Bank acquired by challenger Tandem

UK-based challenger bank Tandem has singed an agreement to acquire Harrods Bank. Tandem says it will “benefit from around £80 million of capital coming into the business”. It will also provide Tandem with a banking licence.

Top fintech stories this week – 23 September 2016

Catch up on Banking Technology’s top five fintech stories of the week – all in one place! Harrods Bank in search of new core banking system EXCLUSIVE. The FIS Profile project is dead. Long live a new project! Deutsche Bank GTB builds new payments platform EXCLUSIVE. Dovetail to deliver? Misys unveils Platform-as-a-Service strategy Opens up […]

Harrods Bank in search of new core banking system

The FIS Profile core banking project is dead. Long live a new core banking project! UK-based Harrods Bank is back to market to find a new core banking solution, Banking Technology understands. It is understood to be in talks with a broad number of tech suppliers, including Temenos and Misys (the incumbent provider). The bank […]

Harrods Bank loses CEO

Just a couple of months following the appointment of the new CIO at Harrods Bank, its chief executive – Peter Ball – leaves. Ball has moved to specialist lender Together, to head its retail division. Together has been ramping up its leadership team – over the last three months alone it has added Colin Kersley, […]

Harrods Bank gets new CIO, but core banking overhaul in question

Will Simon Bateman, the new CIO of London-based Harrods Bank, restart the bank’s long-suffering core banking software overhaul? Bateman moves from another UK-based bank, Aldermore, where he spent around three years, first as transformation and change director and then as head of IT for the savings business line. Aldermore, a small domestic bank focused on […]