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Santander International in digital banking revamp

Hello digital tech

EXCLUSIVE: Santander International is embarking on a tech project to modernise its online and mobile delivery channels.

Santander UK to revamp corporate core banking tech with Infosys Finacle

Santander to modernise core banking tech

EXCLUSIVE: Santander’s corporate banking business in the UK is embarking on a core banking software overhaul, Banking Technology understands.

Temenos vs Finacle in Union Bank of Israel’s core banking system search

Finacle vs Temenos in core banking system selection in Israel

EXCLUSIVE: Union Bank of Israel (also known by its Hebrew name – Bank Igud) is looking for a new core banking system and supplier.

Openbank step closer to new core banking system decision

Openbank in core banking system selection

EXCLUSIVE: Openbank, a digital bank in Spain (and part of Santander) is believed to be in the concluding stages of its core banking system selection.

Infosys CEO quits after personal attacks

Infosys

Infosys’ MD and CEO has resigned, citing a continuous stream of distractions and disruptions, and personal and negative attacks on his performance. In his notice of resignation, Dr Vishal Sikka, complained of “false, baseless, malicious and increasingly personal attacks” from the company’s founders. Sikka’s exit pushed Infosys shares down around 8% – and follows a […]

DFCU in $20m upgrade of Infosys’ Finacle core banking system

DFCU Bank

Uganda-based DFCU Bank is also upgrading its core banking software to the tune of $20 million. DFCU is moving from version 7 of its Infosys’ Finacle core banking platform to version 10.

Infosys profit delicately declines

Infosys

Excitement is thin on the ground as the net profit for India-based Infosys dipped ever so gently in its latest financial results. For the quarter ended 30 June 2017, the financial systems vendor announced that Q1 net profit was $541 million, a quarter-on-quarter (QoQ) decline of 0.4%. Although for year-on-year (YoY), it displayed growth of […]

Infosys plans 10,000 new US tech jobs

Too much debt

India-based Infosys plans to open its next technology and innovation hub in North Carolina and hire 2,000 “American” workers in the state by 2021 – which is a dream within a bigger dream. This investment is part of its ambitions, revealed in May, to open four US hubs in the US and hire 10,000 “American” […]

Al-Ahli Bank of Kuwait swaps Misys’ Equation core banking system for Infosys Finacle

Misys' Equation core banking system out, Infosys' Finacle in

Al-Ahli Bank of Kuwait (ABK) has gone live with a new core banking system at its two branches in the UAE. The new platform is Finacle, supplied by Infosys’ product subsidiary EdgeVerve.

EdgeVerve calls for fintech’s magnificent seven

EdgeVerve

EdgeVerve Systems, a product subsidiary of Infosys, has launched Finacle FinTech Connect and the chance for firms to integrate their solutions into Finacle’s banking suite. Companies are invited to register for a partnership evaluation process and stand a chance to present at its event Infosys Confluence 2017 in May in San Francisco; along with joint […]

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