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.

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.

LarrainVial finally goes live with Temenos’ T24 core banking system

Temenos gains new live site in Palestine

Chile-based LarrainVial has implemented Temenos’ T24 platform – seven years on from signing the contract – as it seeks growth throughout the Americas including in Chile, Colombia, Peru, and the US.

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.

Fintech: beware the fake news

FSB: fintech brings risks and benefits

In every aspect of life, sentiment overshoots. We overbuy and oversell securities. The political pendulum swings from left to right. Shops run out of ultra-fashionable goods only to heavily discount excess stock a couple months later. Ben Robinson, chief strategy officer at Temenos, explains how this is not a new phenomenon, but has got worse […]

Baxter Credit Union takes Temenos’ Lifecycle Management Suite to the cloud

Temenos gains new live site in Palestine

Baxter Credit Union (BCU) has become the first taker of Temenos’ Lifecycle Management Suite in the cloud. The Illinois-based credit union is now live with the system delivered in the Microsoft Azure cloud. The functionality includes collection, service and loan origination. The project, which was completed in four months, also incorporated an upgrade spanning four […]

Guatemalan co-operative network selects Temenos core banking platform

Temenos gains new live site in Palestine

Guatemala-based Federacion Nacional de Cooperativas de Ahorro y Credito (Fenacoac) has selected Temenos‘ RetailSuite core banking platform for its 25 co-operatives that operate under the brand Micoope. RetailSuite is the brand name for a variety of Temenos products, and includes the T24 core banking system and the business intelligence offering, Insight BI. Banking Technology understands […]

Al Masraf to swap ITS Ethix for Temenos T24 core banking system

Al Masraf to overhaul front-to-back office tech with Temenos

UAE-based Arab Bank for Investment and Foreign Trade (Al Masraf) is modernising its front-to-back office technology with Temenos. On the way out is the Ethix core banking system from regional vendor International Turnkey Systems (ITS).

Harrods Bank acquired by challenger Tandem

Farewell, Harrods Bank

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.

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.