MisysRSS

Seylan Bank to swap legacy trade finance tech for Finastra’s Fusionbanking Trade Innovation

New tech project for Finastra in Sri Lanka

Sri Lanka’s Seylan Bank is modernising its trade finance technology with Finastra’s Fusionbanking Trade Innovation system. On the way out is the legacy China Systems’ Eximbills system, Banking Technology understands.

Sky Bank in front-to-back office tech revamp with Finastra

Fun with flags

Ukraine-based Sky Bank (formerly Region-Bank) is replacing its legacy systems with Finastra’s Fusiobanking Essence platform.

Finastra goes on a job cutting spree

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EXCLUSIVE: Finastra, which emerged earlier this year from the combination of two banking tech vendors, D+H Corporation and Misys, has made a number of job cuts across its operations.

National Bank of Kenya in core banking system upgrade

Kenya flag

National Bank of Kenya says it has upgraded to “the fifth and latest version” of its core banking platform, Fusionbanking Essense, supplied by Finastra (formerly Misys).

Commercial Bank of Dubai in core banking platform upgrade

CBD in core banking tech refresh

International Turnkey Systems (ITS) has upgraded its core banking system, Ethix, at Commercial Bank of Dubai (CBD).

Failed bank in Uganda spent millions of dollars on non-existing tech

Crane Bank

Crane Bank, a failed bank in Uganda, spent millions of dollars on IT services and software that was never supplied, according to a report by PricewaterhouseCoopers (PwC) into the bank’s mismanagement.

Jenius digital bank gets clever with Finastra

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Jenius digital bank, part of Indonesia’s Bank Tabungan Pensiunan Nasional (BTPN), has chosen Finastra’s (formerly Misys) FusionBanking Essence Digital platform. Peterjan van Nieuwenhuizen, head of digital banking at BTPN, says it has “built a system that enables our customers to complete basic banking processes without going to the branch”; and with an “expanding middle class […]

Oman Arab Bank upgrades core banking system with Finastra

Oman Arab Bank

Oman Arab Bank (OAB), a long-standing customer of Finastra (formerly Misys), is implementing the Fusionbanking Essence core banking system. It will replace Misys’ Equation platform, in operation at the bank for over three decades.

Top fintech stories this week – 7 July 2017

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

Alfa-Bank buys Misys Equation source code

Alfa-Bank buys Misys Equation source code

Alfa-Bank, a top ten bank in Russia by assets and profit, has purchased the source code of its core banking system, Misys Equation. The solution is provided by Finastra (formerly Misys).

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