Core Banking

NPM Capital Acquires 35% Stake in Ohpen

First and long-time investor Amerborgh sells a part of its stake in Ohpen to NPM Capital, that upon the transaction, will have a 35% stake in Ohpen. Amerborgh wanted to sell this stake to finance ongoing and future projects, like the arts and culture centre "het HEM" in Zaandam. Ohpen is a fast-growing Fintech company. The Ohpen SaaS, cloud native core banking platform administers retail investment and savings accounts for banks and other... more Read more »

MeDirect Bank Belgium opts Infosys Finacle

Infosys Finacle, part of EdgeVerve Systems, a product subsidiary of Infosys (NYSE: INFY), today announced that its customer MeDirect Bank Belgium, an online bank offering savings, investments and wealth management since 2013, has successfully launched its Regulated Savings Product on Finacle’s core banking solution. The product will help the bank extend services to a new segment of savers that are looking to save and receive basic interest, in... more Read more »

Inspire Federal Credit Union selects NYMBUS for digital innovation & growth

NYMBUS, the world’s most advanced revenue and technology solutions company, today announced the successful business transformation of core, Internet banking, mobile banking and payment solutions for Inspire Federal Credit Union. Understanding that innovation must happen immediately to compete and survive, the Credit Union selected NYMBUS for its modern technology, open architecture and cultural fit.   Read more »

Ibanera : Baltic Banking & Probanx® integrate CorePlus & CoreConnect

iSignthis Ltd (ASX: ISX | FRA: TA8) (“The Company”) is pleased to announce that its two wholly owned technology subsidiaries, Probanx Ltd and UAB Baltic Banking Service (BBS), are now cooperating to deliver seamless CORE Banking (‘CorePlus’), SEPA and SWIFT interbank network technology (“CoreConnect”) to prospective customers.   Read more »

Iraq IDB’s successful upgrade of iMAL R14

Path Solutions, the Fintech solution provider for Islamic finance, today announced that the International Development Bank for Investment and Finance (“IDB”) in Iraq has successfully completed the upgrade of its core banking system to the new Path Solutions’ core, digital platform and echannels of iMAL R14, as of 30th September. Read more »

EdgeVerve Systems Positioned As a Leader in the Gartner Magic Quadrant for Global Retail Core Banking

Infosys Finacle, part of EdgeVerve Systems, a fully owned subsidiary of Infosys (NYSE: INFY), today announced that it has been positioned as a Leader in Gartner’s Magic Quadrant for Global Retail Core Banking1. Gartner evaluated 10 Core Banking solution vendors on 15 criteria spread across ‘Ability to execute’ and ‘Completeness of vision’. EdgeVerve Systems has been recognized as a Leader by Gartner for the 11th consecutive year. Read more »

Hungary’s MKB Bank Goes Fully Digital with Oracle

MKB Bank, Hungary’s fourth largest commercial bank has today announced it is the first in the country to take a leap towards digital and open banking after transforming its entire technology system. Its transformation has included a full replacement of its core banking system, the retirement and consolidation of roughly 10 additional systems, and the modernization of its entire IT architecture. Read more »

Maalem Financing Taps Path Solutions Islamic Core Banking Platform

In line with its new business and innovation strategy, Maalem Financing has signed an agreement with Path Solutions, the Islamic banking software specialist, in which iMAL Islamic core banking platform will be rolled out progressively at the company’s headquarters.    Read more »

Banque du Caire signs Temenos 24 Core Banking

Temenos (SIX: TEMN), the software specialist for banking and finance, today announces that Banque du Caire has selected Temenos T24 Core Banking as part of its vision in becoming the region’s leading bank. Banque du Caire has chosen Temenos’ leading T24 Core Banking solution to replace its current solution. T24 will be deployed along with Temenos solutions for Channels, Financial Crime Mitigation, Front Office, Payments, and Risk &... more Read more »

Avaloq recognised as a Leader in 2018 NelsonHall Evaluation & Assessment Tool for Wealth and Asset Management

The Avaloq group, the international fintech company and leader in the development and operation of core and digital banking software, has been recognised by NelsonHall as a Leader in its 2018 Wealth and Asset Management NEAT (NelsonHall Evaluation Assessment Tool).* NelsonHall, the leading global IT and business services analyst firm, has recognised Avaloq as a leading vendor in its Wealth and Asset Management NEAT to support customers’... more Read more »

Core Banking Provider Ohpen raises €25 Million Series C Financing for International Expansion to third Country

The world’s only cloud-based SaaS core banking provider Ohpen has successfully closed a €25 million Series C investment round, with private equity firm Amerborgh. Ohpen will use these funds to further fuel growth and expand into a third country, where it will enable financial services companies to digitalise their services and migrate their customer accounts into the cloud. Read more »

Path Solutions Signs Sudan Financial Services Co. to iMAL

Kuwait-based Path Solutions, an international core banking system provider for Islamic banks and financial institutions, has announced the signing of a licence agreement with Sudan Financial Services Company (“SFSC”), giving Path Solutions unrestricted access to deploy its iMAL Enterprise Islamic & Investment System across their business. Read more »

Core Banking Provider Ohpen secures € 15 Million Series B financing at €100 million valuation

Cloud-based core-banking provider Ohpen has secured a € 15 million Series B investment round led by private equity firm Amerborgh to accelerate international growth. Ohpen, founded in 2009, is a cloud-based core-banking engine, built for the efficient administration of retail investment and savings accounts. Read more »

Path Solutions Achieves GoodAccredited Standard for Seventh Year in a Row

Kuwait-based Path Solutions, an international core banking system provider for Islamic banks and financial institutions, has announced it has received the GoodAccredited Standard for the seventh consecutive year. Read more »

Kaiperm Diablo Federal Credit Union deploys NYMBUS SmartCore

NYMBUS Inc., a provider of the world’s most current mission-critical core banking technology, today announced Kaiperm Diablo Federal Credit Union has selected NYMBUS SmartCore to enable growth and differentiation. With NYMBUS SmartCore, a full holistic core banking platform, Kaiperm Diablo will be able to modernize the digital customer experience for its members in Northern California, while streamlining back-end operations and processes. Read more »

Pages

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel