Core banking isn’t shifting, it’s surging.
Big Moves This Week: Top 3 Deployment Headlines
🌐 United States: PeoplesBank Sets Community Banking Milestone
PeoplesBank is now the largest US community bank on a cloud-native core, onboarding 19K customers on day one after a four-year Nymbus transformation.
🌐 Temenos and AWS Partnership
Temenos is scaling its core banking platform across Asia-Pacific via AWS, giving banks cloud-native agility and cost efficiency.
🌐 Temenos CEO Departure Signals Strategic Shift
Temenos CEO Jean-Pierre Brulard steps down after 16 months; CFO Takis Spiliopoulos takes over as interim CEO amid a strategic rethink.
Trends to Watch: AI, Embedded Banking, Crypto
🌐 One Connect & VPBank Collaborate on Core Banking Modernization
Vietnam’s VPBank is teaming with OneConnect to revamp its core, boosting scalability, automation, and digital transformation.
🌐 CSI & HuLoop Bring AI to Core Banking
CSI is partnering with HuLoop to infuse AI into its NuPoint core, automating workflows and cutting costs for community banks.
🌐 India: Central Bank Issues Swift Security Ultimatum
India’s central bank has ordered stricter Swift safeguards after repeated vulnerabilities, forming an expert panel to combat rising fraud risks in core systems.
🌐 Sterling Bank: One Year of Zero Downtime with SEAbaas
Experts urge retiring outdated CAMELS models in favor of tech-integrated tools to better monitor digital banking risk and performance.
Platform Watch: Vendors + Tech
🌐 Systems Limited’s Country Model Bank on Temenos Exchange
Systems Limited’s new “Country Model Bank” is live on Temenos Exchange, offering pre-configured, compliant tools to speed core banking rollouts.
🌐 ebankIT Acquires SecuritySide
Fed research calls out legacy architecture as a barrier to real-time payment readiness, signaling urgency for system-wide upgrades.
🌐 CRDB Completes Core System Upgrade
CRDB has modernized its core banking system to boost efficiency and fuel regional expansion across East Africa.
🌐 Greek Neobank Snappi Goes Live
New Greek neobank Snappi has gone live with a modern core banking system, enabling real-time services and fully digital banking.
Quick Hits
🌐 Swedish Bank Qliro Moves to Vilja Core System
Qliro has moved to Vilja’s cloud-native core platform, driving modernization and growth across the Nordic region.
🌐 CorePlus Merges with Scient FCU
CorePlus and Scient FCUs are merging, with plans to modernize their core systems for greater efficiency and member services.
🌐 Nigeria: FirstBank Platform Disruption Exposes Systemic Vulnerabilities
FirstBank’s mobile and USSD platforms went dark for 2M+ users, exposing systemic weaknesses in legacy infrastructure during a biometric rollout.
🌐 HSBC UK: Major Digital Banking Outage
HSBC UK suffered a 5.5-hour digital banking outage, part of a troubling trend, top UK banks logged 803 hours of unplanned downtime in just two years.
Fall behind the curve now, struggle to stay relevant later.
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.
