Core banking systems

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/identity

Facephi identity verification now available on Temenos Exchange

Temenos Exchange clients can now access a suite of top identity verification solutions to streamline customer onboarding, manage digital identity, mitigate fraud and simplify the KYC processes.

/people

Tuum welcomes Raquel Guillot as new sales partner director

Tuum is pleased to announce the appointment of Raquel Guillot as the new Sales Partner Director, a significant addition to our leadership team with a laser focus on the Southern European market.

/retail

Nordic Capital acquires Zafin

Nordic Capital has signed an agreement to acquire a majority share in Zafin, a leading provider of SaaS core modernization and transformation solutions for financial institutions around the world.

/wholesale

Mechanics and Farmers Bank goes live on nCino cloud banking platform

nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, has announced that Mechanics and Farmers Bank (M&F), the second-oldest African American owned bank in the United States, is live on the nCino Cloud Banking Platform.

/retail

PayU's LazyPay migrates to Thought Machine

PayU, India’s leading payment solutions provider, today announces it has successfully migrated its credit service, LazyPay, to Thought Machine’s cloud-native core banking platform, Vault Core, and is now live.

/cloud

Segura Bank International goes live with Temenos core banking in the cloud

Temenos (SIX: TEMN) today announced that Puerto-Rico headquartered Segura Bank International, Corp. (“SBI”) has gone live with Temenos core banking platform deployed in the cloud to power a new digital bank for mid to high earners in Latin America.

/wealth

Wealth Dynamix arrives on Temenos Exchange

Wealth Dynamix is a leading provider of CRM, Onboarding and Client Lifecycle Management (CLM) solutions, which are now available linked with Temenos as part of a strategic partnership.

/retail

Nagarro signs agreement to license and develop Temenos country model banks for Romania and Poland

Temenos (SIX: TEMN) today announced that Nagarro, a global digital engineering leader, has signed an agreement to license and further develop Temenos Country Model Banks for financial institutions in Romania and Poland.

/retail

The Bank of Missouri signs with i2c

I2C Inc., a leading provider of banking and payments solutions, announces a five year partnership with The Bank of Missouri (TBOM) a celebrated community bank renowned for its pioneering digital banking initiatives.

/wholesale

GFT acquires Sophos Solutions from Advent International

Global digital transformation pioneer GFT Technologies SE (GFT) agreed to acquire 100% of shares in Colombia-based core banking expert Sophos Solutions S.A.S. With Sophos, GFT advances to one of the top 3 banking IT services providers across Latin America and also increases its global delivery capability. The purchase from Advent International, one of the largest and most experienced global private equity investors, is a clear sign of GFT's continued focus on growth and profitability.

/retail

Jack Henry unveils Banno Business

Jack Henry (Nasdaq: JKHY) is pleased to announce Banno Business, a new solution that enables community and regional financial institutions to offer modern banking experiences for small-to-medium businesses (SMBs).

/retail

Kurdistan International Islamic Bank selects iMAL core platform from Azentio Software

Kurdistan International Islamic Bank for Investment and Development (“KIB”), a leading Islamic financial institution in Iraq, has embarked on a digital transformation journey with the adoption of iMALTM, the industry-leading Islamic core banking platform from Azentio Software, a Singapore-headquartered technology firm owned by funds advised by Apax Partners.

/retail

Dünya Katılım implements Fimple core banking platform in just six weeks

Fimple has achieved significant success in the field of financial technologies by launching its state-of-the-art core banking platform at Dünya Katılım in just 1.5 months.

/retail

Arab Financial Services forges pact with Kiya.ai

Arab Financial Services (AFS), the Middle East and Africa region’s principal digital payment solutions provider and fintech enabler, and Kiya.ai the leading global fintech provider have announced a strategic partnership aimed at serving AFS’s regional bank clients alongside incumbent financial institutions and neo banks.

/cloud

Vertice gains $25 million in Series B

Vertice, the world's only integrated SaaS and cloud spend management platform, has today announced a $25 million Series B following a year of lightning fast revenue growth. The company has now raised a total of $51 million since January 2022, upping its valuation into the hundreds of millions. Vertice will use the capital to further fuel its pace of product innovation and accelerate its worldwide expansion.

/retail

Intellect opens AI innovation centre in India

Intellect Design Arena Ltd, a cloud-native, future-ready, multi-product Financial Technology company for the world’s leading banking and insurance clients, proudly announces the inauguration of its cutting-edge Artificial Intelligence (AI) led innovation centre in GIFT CITY, an epic centre of Global Finance and IT.

/retail

Visa closes Pismo acquisition

Visa (NYSE:V) today announced it has completed its acquisition of Pismo – a global cloud-native issuer processing and core banking platform.

/cloud

Allied Banking Corporation migrates core banking operations to the cloud with Finastra

Finastra has today announced that Allied Banking Corporation (Hong Kong) has successfully migrated its core banking operations to the cloud, at the same time upgrading from Finastra’s Equation core banking solution to its next-generation Essence solution.

/retail

Temenos goes for faster time to upgrade with 'LEAP' modernisation programme

Temenos (SIX: TEMN) today announced the launch of Temenos LEAP, a new holistic modernization program, which enables Temenos clients to move to the latest Temenos platform, accelerating their journey to the cloud and Software-as-a-Service.

/retail

Finastra deploys Databricks

Finastra, a global provider of financial software applications and marketplaces, today announced it is working with Databricks, a data and AI company, to provide more value-added solutions and services to its customers and partners globally.

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