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Top fintech stories this week – 19 May 2017

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

Temenos sunsets Trinovus core banking software business

Temenos shifts focus from US community banks to large FIs

As Temenos is now setting its sights on US banks and FIs with assets over $1 billion, smaller community banks using Trinovus’ Trinisys core system need to find new providers. Trinisys will be sunsetted in June next year.

Temenos cuts jobs in US; eyes D+H payments business

Someone gotta go...

Banking software vendor Temenos is understood to have laid off a number of staff across its operations in the US, including at the Trinovus and Akcelerant subsidiaries. It is also understood to be eyeing the payments business of DH Corporation, Global Transaction Banking Solution (GTBS, formerly Fundtech).

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