PCFG has banking licence restriction lifted, goes live with core and digital banking tech

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UK-based Private & Commercial Finance Group (PCFG) has had its banking licence restrictions lifted. It has gone live with a new core banking system, Temenos’ T24, a front-end digital platform from Sandstone Technology and the ICS lease and loan administration solution from Sopra Banking Software.

Private & Commercial Finance Group receives banking licence

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Private & Commercial Finance Group (PCFG) has received its banking licence from the UK regulators. It is now authorised with restrictions as a bank and enters into a mobilisation period of up to 12 months.

PCFG makes core and digital banking systems selection; still awaits banking licence

Specialist lender PCFG selects core and digital banking software ahead of its launch

UK-based specialist financing company, Private & Commercial Finance Group (PCFG), has concluded its software selection, Banking Technology understands. The company applied for a banking licence in 2013/14 and was known to be in system selection mode in mid-2014. The selection process was run by consultancy firm Sofgen. Banking Technology understands that it has now finalised […]