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ONPEX, the Luxembourg based provider of multi-currency IBAN accounts, has partnered with the international payments company Moorwand, to expand its banking capabilities through next-generation IBAN solutions. Through this collaboration, Moorwand...

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J.P. Morgan has announced the launch of E-Customs Payment Solutions in China, in a bid to provide a fully digital and automated cross-border payment of goods. “J.P. Morgan’s E-Customs...

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Token.io has announced that Estonia-based Tallinn Business Bank (TBB) has selected Token to deliver PSD2 compliance in partnership with technology provider Icefire. The partnership will see Icefire integrating Token’s...

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SILO Compliance System and Acuris have announced a partnership to enhance Anti-Money Laundering efforts. Cayman Island-based SILO Compliance System is a comprehensive, risk-based client due diligence management solution used...

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Xena Exchange, the Ireland based cryptocurrency exchange has announced it has partnered with Sumsub to make on-boarding of new businesses and individual customers faster and more secure. Sumsub is...

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UK-based wealth management firm LGT Vestra is developing new mobile capabilities to enhance the digital experience for their high-net-worth clients. Their wealth management mobile app and client portal is...

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Temenos has announced that Banque du Caire has gone live with Temenos Infinity in a bid to transform its multiple banking channels as well as enhance its customer journey...

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AxiomSL, a leading provider of regulatory reporting and risk management solutions, has announced that it has entered into a partnership with Refinitiv, one of the world’s largest providers of...

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Blend, the digital lending company headquartered in San Francisco, has announced it has raised $130 million in Series E funding led by Singapore based investment company Temasek and global growth equity...

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Lending and transaction banking solutions provider, Nucleus Software, has launched its lending solution- FinnOne Neo 4.0 which comprises of an enhanced lending software, aiming to assist lenders in adapting...

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To help Canadian businesses unlock greater business value and capitalize on advancements in smart technologies and cloud solutions, The Royal Bank of Canada and Microsoft have announced the launch...

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US-based lending solutions provider Capital One has agreed to acquire B2B trade credit financing company BlueTarp Financial. The acquisition is expected to enhance service features for Capital One’s co-brand...

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Nordea has invested in the e-commerce solution Mondido in an attempt to strengthen its Nordea Connect e-commerce offer. This is expected to provide the customers with access to all...

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Chinese SME-focused online private commercial bank, MYbank, has announced that its Star Plan has expanded the bank’s reach to over 15 million SMEs. Star Plan was introduced in June...

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J.P. Morgan’s Corporate and Investment Bank has partnered with the UK-based cloud-based portfolio analytics provider StatPro Group to develop and offer Risk and Performance Attribution capabilities for portfolio managers....

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Intellect Design Arena has entered into a collaboration with the Bank of Mongolia (The Central Bank of Mongolia), wherein, the bank will implement Intellect’s Quantum Central Banking Solution for...

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Google Pay, Google’s payment processing arm has announced an expansion of partnership with PayPal to make payments easy and seamless. The collaboration allows for customer’s PayPal account to make...

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IBS Journal of the Month

Sopra Banking Software has been in the spotlight with its recent acquisition spree and leadership position for its lending solution in the IBSI Sales League Table. IBSI speaks to its chief client officer and EVP specialised finance, Eric Bierry.

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The California-based firm’s CEO and founder, Mansour Karam, talks about enabling IT to achieve superhero status. He founded Apstra in 2014 along with Sasha Ratkovic and David Cheriton. It is headquartered in Menlo Park, California and is privately funded. It is a Gartner Cool Vendor, and Best of VMworld winner.

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Cedrus Bank was founded in 2015 when Cedrus Invest Bank (CIB) completed its acquisition of Standard Chartered Lebanon from Standard Chartered Bank. Cedrus Invest Bank and Cedrus Bank together form the Cedrus Group and offer a diversified range of banking products and services across commercial, retail, private and investment banking. Along with the acquisition of Standard Chartered Bank, came the complexity of consolidating multiple systems, including systems related to compliance and risk management.

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This section is a monthly snapshot of activity in the banking technology system space. This is useful for anyone who wants to track banking system sales on a regular basis. The Who’s Bought What provides all the key details of the deal such as the bank that bought the system, the type of system, the supplier and the system name, and the country of sale.

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