Breaking News and Top Stories
There is no escaping the lack of activity in the core banking software market in 2013, despite signs of a recent global economic pick-up. Other research firms may be 'predicting growth' or 'remaining bullish' with their copycat big leagues, waves, quadrants and hype cycles, but at IBS we don't have our head in the clouds and publish what is actually happening out there. It is not pretty, at least not… Read More
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- Back Office Systems Guide
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- 7 March 2014
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Also in the News
Philippines-based Citystate Savings Bank will replace its legacy set-up with the front-to-back office Finacle platform from Infosys.
Sopra Banking Software now comprises four formerly independent core banking software providers, completing a process which started a year ago.
Fiserv's Precision system will replace a legacy offering from local rival Jack Henry at Pinnacle Bank in the US. New internet and mobile banking functionality will be the most visible result.
Hypo Alpe Adria Bank has cut over to Temenos' T24 for its fourth and largest country operation to date, Serbia. Meanwhile, ZIS d.o.o, the bank's subsidiary that has been managing the project, is expected to become a commercial provider.
MyBank, a new e-commerce initiative conceived by the European Banking Association and technologically supported by Italian vendor, SIA, now encompasses 50 banks in Italy, Luxembourg and France. Corporates and merchants are now getting on-board too, with Enel, Italy's largest power company, pioneering MyBank with the first payment in early October.