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Vendors and Consultants News Updates, March 16th 2012

This week's vendors and consultants roundup includes Oberthur’s acquisition of MoreMagic Solutions, Wincor Nixdorf offering ATMs to Portugal’s Montepio Bank, HSBC choosing Hydra for market analytics, and and Oman’s BankDhofar’s partnership with BCG for consulting services.

March 16, 2012 | The Asian Banker Editor

"There's a tradition of these sort of coding competitions among many of the world's most innovative technology companies.”
Mod Choe, CTO, Commonwealth Bank of Australia, commenting on ‘Top Coder’, the bank’s new initiative to encourage staff innovation.


Corporate Developments

Oberthur Technologies, a provider of security and identification solutions, has acquired MoreMagic Solutions, a provider of mobile financial services solutions. Combined, the technological capabilities of Oberthur Technologies and MoreMagic will create a comprehensive mobile money services suite.

Experian, a provider of global information services, has acquired 192business, a provider of online identity verification services. 192business will form part of Experian's Decision Analytics business line.

IBT, a provider of financial services products and best-of-breed solutions, has bought Beacon Software, a provider of web-based technology solutions to community financial institutions.


Core Banking

The Sofgen Group, a provider of financial technology services, has completed the implementation of the Temenos T24 core banking system for the Bank of Zambia.

India’s Kotak Mahindra Bank has implemented Infosys’ Finacle CBS platform.  The implementation of Finacle core banking and e-banking solutions was rolled out simultaneously across all the 335 bank branches of the bank.


E-Channels

MoneyGram International, a provider of money transfer services, has added Cyprus’ Near East Bank to its network in the country.

Western Union, a provider in global payment services has...

Please login to read the complete article. If you already have an account, you can login now or subscribe/register.

Categories:

Technology & Operations

Keywords:MoreMagic Solutions, Experian, Infosys, Movida, FICO, Hydra, BCG, IBT


Vendors and Consultants News Updates, March 16th 2012

This week's vendors and consultants roundup includes Oberthur’s acquisition of MoreMagic Solutions, Wincor Nixdorf offering ATMs to Portugal’s Montepio Bank, HSBC choosing Hydra for market analytics, and and Oman’s BankDhofar’s partnership with BCG for consulting services.

March 16, 2012 | The Asian Banker Editor

"There's a tradition of these sort of coding competitions among many of the world's most innovative technology companies.”
Mod Choe, CTO, Commonwealth Bank of Australia, commenting on ‘Top Coder’, the bank’s new initiative to encourage staff innovation.


Corporate Developments

Oberthur Technologies, a provider of security and identification solutions, has acquired MoreMagic Solutions, a provider of mobile financial services solutions. Combined, the technological capabilities of Oberthur Technologies and MoreMagic will create a comprehensive mobile money services suite.

Experian, a provider of global information services, has acquired 192business, a provider of online identity verification services. 192business will form part of Experian's Decision Analytics business line.

IBT, a provider of financial services products and best-of-breed solutions, has bought Beacon Software, a provider of web-based technology solutions to community financial institutions.


Core Banking

The Sofgen Group, a provider of financial technology services, has completed the implementation of the Temenos T24 core banking system for the Bank of Zambia.

India’s Kotak Mahindra Bank has implemented Infosys’ Finacle CBS platform.  The implementation of Finacle core banking and e-banking solutions was rolled out simultaneously across all the 335 bank branches of the bank.


E-Channels

MoneyGram International, a provider of money transfer services, has added Cyprus’ Near East Bank to its network in the country.

Western Union, a provider in global payment services has...

Please login to read the complete article. If you already have an account, you can login now or subscribe/register.

Categories:

Technology & Operations

Keywords:MoreMagic Solutions, Experian, Infosys, Movida, FICO, Hydra, BCG, IBT


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