Breaking News and Top Stories
ERI is believed to have recently signed a deal to replace Misys' Midas core system with its Olympic offering at Luxembourg-based Natixis Bank. Meanwhile, it is understood to have come very close to winning at two core system selections elsewhere, but lost in the final stages.Read More
Latest Publications Updates
- Back Office Systems Guide
- Islamic Systems Guide
- Payments Guide
- Risk Guide
3i Infotech: Kastle Core Banking, Kastle Treasury, Kastle Asset Liability Management, Kastle Universal Lending19 November 2013
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Also in the News
Switzerland-based IT integration company Swisscom IT Services, is in the finalisation stages of its acquisition of the IT outsourcing business of Entris Banking. It will now offer business process outsourcing (BPO) to banks on both Finnova and Avaloq platforms.
UK-based payments solutions provider, Alaric, and Finnish mobile payments services firm, Mistral Mobile, are looking for the first taker of its joint end-to-end mobile payments infrastructure. The vendors are targeting new business in Asia, Africa and the Middle East.
Two banks in Central America/Caribbean are moving closer to the long-awaited switchover to Temenos' T24 core banking system. These are Banco Ficohsa in Honduras and Banco Popular y de Desarrollo Comunal (BPDC) in Costa Rica. Go-lives are set for 2013.
With the deadlines for the SEPA payments now within grasp, vendors are rubbing their hands together in anticipation of the last minute rush to purchase systems and solutions to comply with the new regulations. However, banks and corporates still seem to be as unenthusiastic as when the initiative first emerged nearly a decade ago.
The continuing rise of mobile and contactless payments channels, M&A activity and the looming SEPA deadline has given the payments industry much to think about. 2013 looks set to be another year of reform in the retail and corporate payments space.