This week's vendors and consultants roundup include Afghan United Bank's deployment of Oracle's Flexcube core banking solution,BNP Paribas' tie-up with Orange for mobile banking,CGI providing Scotiabank with a trade finance solution, ABC's contract award to NCR, and MasterCard's new head of its Access Prepaid Worldwide unit.
August 18, 2011 | The Asian Banker Editor“Cloud computing is
definitely the way forward.”
Umesh Jain, CIO, Yes
Bank, commenting on bankers’ sceptical view towards cloud computing.
Corporate Developments
Talaris, a provider of cash management solutions, has purchased financial software development and consulting company LutzWolf Systems. The acquisition allows Talaris to capitalize on LutzWolf’s expertise in software development to provide enhance cash management solutions to financial institutions.
Advent International, a private equity firm, is in discussions with Oberthur Technologies to acquire the company’s card systems and identity units for an estimated cost of $1.7 billion.
Verifone Systems, a provider of electronic payment systems, has completed the purchase of Hypercom Corporation, a provider of smart card systems, allowing Verifone to strengthen its presence in important markets.
Core Banking
Philippines’ City Saving Bank has chosen Infosys’ Finacle core banking solution as the base for all its banking transactions, replacing the bank’s 30-year old legacy systems.
Afghan United Bank has gone live on Oracle’s Flexcube core banking solution, assisting the bank to achieve its growth targets by automating its banking transactions.
Luxembourg’s Banca popolare dell’Emilia Romagna (Europe) International has signed an agreement to implement Callataÿ & Wouters’ Thaler core banking solution to help the bank improve transactions relating to order management, cash transfers and corporate activity.
Nigeria’s Jaiz International Bank has selected Path Solutions’ iMal core banking solution for Isla...
Categories:
Technology & OperationsKeywords:Talaris, Orange, FICO, NCR, KPMG
This week's vendors and consultants roundup include Afghan United Bank's deployment of Oracle's Flexcube core banking solution,BNP Paribas' tie-up with Orange for mobile banking,CGI providing Scotiabank with a trade finance solution, ABC's contract award to NCR, and MasterCard's new head of its Access Prepaid Worldwide unit.
August 18, 2011 | The Asian Banker Editor“Cloud computing is
definitely the way forward.”
Umesh Jain, CIO, Yes
Bank, commenting on bankers’ sceptical view towards cloud computing.
Corporate Developments
Talaris, a provider of cash management solutions, has purchased financial software development and consulting company LutzWolf Systems. The acquisition allows Talaris to capitalize on LutzWolf’s expertise in software development to provide enhance cash management solutions to financial institutions.
Advent International, a private equity firm, is in discussions with Oberthur Technologies to acquire the company’s card systems and identity units for an estimated cost of $1.7 billion.
Verifone Systems, a provider of electronic payment systems, has completed the purchase of Hypercom Corporation, a provider of smart card systems, allowing Verifone to strengthen its presence in important markets.
Core Banking
Philippines’ City Saving Bank has chosen Infosys’ Finacle core banking solution as the base for all its banking transactions, replacing the bank’s 30-year old legacy systems.
Afghan United Bank has gone live on Oracle’s Flexcube core banking solution, assisting the bank to achieve its growth targets by automating its banking transactions.
Luxembourg’s Banca popolare dell’Emilia Romagna (Europe) International has signed an agreement to implement Callataÿ & Wouters’ Thaler core banking solution to help the bank improve transactions relating to order management, cash transfers and corporate activity.
Nigeria’s Jaiz International Bank has selected Path Solutions’ iMal core banking solution for Isla...
Categories:
Technology & OperationsKeywords:Talaris, Orange, FICO, NCR, KPMG
