Core is transforming,
banks are scaling smarter, moving faster,
and building for what’s next.
Big Moves This Week: Top Headlines
🌐 OCC Launches Review of Core Banking Providers
The OCC issues an RFI on vendor challenges and market concentration in core banking, citing over 70% dominance by Fiserv, FIS, and Jack Henry.
🌐 AI Builds on COBOL, the Beating Heart of Banking
Rather than replace COBOL, banks are integrating AI and real-time APIs on top of legacy cores, blending compliance, stability, and modernization.
🌐 CBA Completes Historic Core Migration to AWS
Commonwealth Bank of Australia successfully moves its SAP core to AWS, powering 90% of customer accounts and 40% of national liquidity.
Trends to Watch: AI, Embedded Banking, Crypto
🌐 DNB Bank Phases Out Legacy Core with Automation + Cloud
Norway’s DNB Bank drives digital-first banking with intelligent automation and cloud-native architecture, retiring its legacy stack.
🌐 Banco de Sabadell Turns Core Platform into a Fintech Engine
Sabadell upgrades to an analytics-rich, cloud-based core, transforming its UK arm TSB into a testbed for SME and retail innovation.
Platform Watch: Vendors + Tech
🌐 Temenos Names Takis Spiliopoulos as CEO
Former CFO Takis Spiliopoulos takes the helm at Temenos, signaling a leadership reset amid intense competition in core banking.
🌐 VPBank Partners with OneConnect for Cloud-Native Core
VPBank deploys OneConnect’s core banking system capable of processing 1B transactions/day, leading Vietnam’s push into digital banking.
Quick Hits
🌐 GXS Digital Bank Suffers Core Crash, Cuts 82 Jobs
Core failure at GXS triggers layoffs and questions on digital bank scalability.
🌐 Fino Bank Preps Core Upgrade Ahead of License Bid
Core revamp planned as Fino Bank eyes transition to universal banking status.
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