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Banking

Temenos to acquire digital banking SaaS firm Kony for £458m

Kony, which is headquartered in Austin, Texas, helps banks in enhancing the experience for their clients through its digital banking applications and its development platform Swiss banking software company Temenos has agreed to acquire Kony, a US digital banking software...

Yes Bank uses Microsoft’s AI platform for chatbot

India’s fourth largest private sector bank Yes Bank announced its partnership with Microsoft to develop its artificial intelligence (AI) enabled chatbot, Yes Robot. The new and improved chatbot will be built on Microsoft’s AI platform, enabling users to carry out...

Temenos to acquire digital banking SaaS firm Kony for £458m

Kony, which is headquartered in Austin, Texas, helps banks in enhancing the experience for their clients through its digital banking applications and its development platform Swiss banking software company Temenos has agreed to acquire Kony, a US digital banking software...

First Midwest Bancorp to acquire parent company of Park Bank

First Midwest Bank has expanded its presence in Wisconsin by signing an agreement to acquire Bankmanagers, the parent company of Park Bank, one of the oldest banks in the state US-based First Midwest Bank has signed an agreement to acquire...

Finxact’s Frank Sanchez talks core banking and digital transformation

Finxact CEO Frank Sanchez is a veteran of financial technology and his new venture aims to help legacy institutions update their core banking systems With a lifetime of financial technology experience under his belt, Frank Sanchez has embarked on a...

MoneyGram partners with HDBank for home remittance service

US-based money transfer firm MoneyGram has partnered with Vietnam-based HDBank to launch the home remittance payment service in Vietnam. HDBank believes that the new partnership will improve its service quality, adding to its customers’ experience. Bringing home delivery option, through HDBank,...

Microsoft Helps UAE Trade Finance Bank Digitize

Microsoft is collaborating on a digital overhaul of a United Arab Emirates-based trade finance bank, Anglo-Gulf Trade Bank The technology giant is collaborating with enterprise IT consulting firm Publicis Sapient to develop end-to-end solutions for Anglo-Gulf Trade Bank in an...

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