This week, core banking isn’t just evolving—it’s gaining momentum. From real-time system upgrades to cloud-native overhauls, banks are pushing legacy systems further into the rearview mirror.
Highlights include BrightStar Credit Union ditching its legacy core in favor of Jack Henry’s API-first platform, 10x Banking rolling out AI capabilities to boost digital product speed, and Standard Chartered making waves by both joining Temenos’ partner program and listing its own FX engine as a reusable banking module.
Smaller players are in the spotlight too. Leeds Building Society is piloting digital savings on Mambu, MBT Bank is outsourcing core to Jack Henry, and SBS is scaling core banking infrastructure across African microfinance networks—turning modernization into a regional multiplier.
The trend? Composable, cloud-based, and customer-focused. And while some institutions are still testing the waters, others are knee-deep in transformation, proving that you don’t need to go “big bang” to make a big impact.
Let’s dive into what’s shifting beneath the surface.
10x Banking Adds Generative AI to Core Platform
10x Banking has upgraded its cloud-native core platform with generative AI tools, enabling real-time insights, automated product configuration, and reduced manual work. The enhancements position 10x as a competitive alternative to legacy cores by fusing scalable processing with intelligent automation.
Hanover Bancorp Completes Core System Migration
Hanover Bancorp completed a core system migration, a strategic move aligned with its margin expansion and digital transformation goals. The bank expects the new platform to cut operational costs and accelerate digital feature delivery.
BrightStar Credit Union in Core Banking Upgrade with Jack Henry
BrightStar Credit Union has selected Jack Henry’s Symitar Episys to replace its legacy core system. The upgrade will bring real-time processing and open API integration, with a go-live date set for 2025.
Standard Chartered Joins Temenos Partner Programme
Standard Chartered will co-develop implementation accelerators and reference models for Temenos Banking Cloud. This partnership aims to streamline core migration projects for banks adopting Temenos solutions.
SBS Expands Core Banking Tech Across East Africa
SBS is deploying its Temenos-based core platform to five partner microfinance institutions across East Africa. The cloud-first approach enables real-time processing and mobile access, scaling financial services cost-effectively.
Ready to explore?
Dive into the highlights to see how leaders in the banking space are tackling innovation, efficiency, and scalability head-on. Let these stories inspire your own transformation journey.
