core banking

FinTechs and FIs Find Common Ground on Scaling Real-Time AML Compliance
FinTechs and FIs Find Common Ground on Scaling Real-Time AML Compliance
October 02, 2024  |  Digital-First Banking

Recent announcements and partnerships have shown core banking’s appeal — not just for traditional FIs, but FinTechs too — as anti-money laundering (AML) efforts must...

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FIS Sees Record Sign-Ups for Core Banking Products
FIS Sees Record Sign-Ups for Core Banking Products
August 07, 2024  |  Earnings

FIS says it is on pace to have a record year for sign-ups to its core banking offering. It’s a trend driven by “competitive takeaways” and...

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What Core Banking’s 40-Year Evolution Says About What’s Next for Banking
What Core Banking’s 40-Year Evolution Says About What’s Next for Banking
June 27, 2024  |  Banking

There’s a misperception about bankers and banking. That misperception is that money — in all its forms — is the most important asset. The reality...

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Microservices Are at the Core of Core Banking’s Appeal
Microservices Are at the Core of Core Banking’s Appeal
June 20, 2024  |  Banking

For traditional financial services players, core banking beckons as a way to enable other financial firms — banks and FinTechs included — to set up...

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Mastercard and Thought Machine Partner to Deliver Core Banking Capabilities
Mastercard and Thought Machine Partner to Deliver Core Banking Capabilities
June 17, 2024  |  Partnerships

Mastercard and Thought Machine have expanded their partnership to deliver payments and core banking capabilities to financial institutions worldwide. This collaboration brings together Mastercard’s global...

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Citi’s Tuum Investment Changes Cloud Core Banking Dynamic
Citi’s Tuum Investment Changes Cloud Core Banking Dynamic
March 18, 2024  |  Banking

Embedded payments, embedded lending and a continuing shift to virtual cards all demand a reconsideration of technical infrastructure. Banks, grappling with legacy back-end systems, and...

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Citi Ventures Invests in Core Banking Provider Tuum
Citi Ventures Invests in Core Banking Provider Tuum
March 14, 2024  |  Banking

Citi Ventures has become a strategic investor in Tuum in an extension to the Series B funding round Tuum announced in February. Together with its investment, Citi Ventures...

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Tuum Raises $26 Million Amid Banking’s Ongoing Digital Evolution
Tuum Raises $26 Million Amid Banking’s Ongoing Digital Evolution
February 06, 2024  |  Investments

Core banking platform Tuum has raised $26 million to expand to new parts of Europe. The Estonian company’s Series B funding round, announced Tuesday (Feb. 6), will allow...

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Visa Completes Acquisition of Pismo, Expands Core Banking Offerings
Visa Completes Acquisition of Pismo, Expands Core Banking Offerings
January 16, 2024  |  VISA

Visa has completed its previously announced acquisition of Pismo. With the addition of this global cloud-native issuer processing and core banking platform, Visa and Pismo will together...

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