NYMBUS Inc., provider of the world’s most current mission-critical core technology available to financial institutions, announced it has completed a $12 million financing round led by the major shareholders of Vensure Enterprises. NYMBUS will accelerate product deployment and infrastructure teams to support pent-up interest in the company’s SmartCore platform, as financial institutions of all sizes attempt to transform their technology for the new digital economy.

As Gartner posited in 2014, more and more organisations are adopting a ‘bimodal’ IT strategy. This approach balances the predictable and reliable delivery of a business’ core IT functions with capitalising on the agile, innovative technologies that ensure the future growth of the business.

Organisations need to embrace both of these modes – the predictable and the innovative to be successful. And, as this article will discuss, it is even more crucial for financial institutions.

Keeping the lights on, keeping the costs down

The SAS solution allows clients to uncover suspicious financial activity efficiently. Get a complete view of threats across your entire institution. And streamline your monitoring, review and investigation processes. SAS provides a common analytics platform and module-based solutions for enterprise fraud, customer due diligence, anti-money laundering and enterprise case management. 

 Fiserv, a leading global provider of financial services technology solutions, announced today that Badlands Federal Credit Union, based in Glendive, Montana, and Danville City Employees Federal Credit Union, based in Danville, Virginia, have selected integrated OnCU^® core account processing solution suites from Fiserv. The software-as-a-service (SaaS) solution suites will be customized for each credit union with digital capabilities that fuel an enhanced member experience.

 BSO, the global Ethernet network, cloud and hosting provider, announces it has partnered with Accedian, the end-to-end network performance experts, to enhance network monitoring capabilities and improve client services.

01 Systems, the regional leader in banking software solutions announced that Commercial Bank of Qatar, is the first bank in the country and the Middle East to introduce its innovative Biometric solution that enables card-less transactions on ATMs.

Implementation of this technology means customers will be able to use this new security feature to access their account at Commercial Bank branches and ATMs with finger vein scanners without need for a bank card or PIN number.

Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, with a growing presence in the financial services sector, announced today that it has partnered with 

Brown Gibbons Lang & Company (BGL) is pleased to announce the opening of its Philadelphia office and the addition of eleven talented professionals to its Investment Banking team in recent months.

Deepening the bench strength of BGL's specialized sector teams are: