T24 News

British Arab Commercial Bank (BACB) is looking to modernise its core software. It is believed the bank has settled for a new platform – Temenos’ T24.

EQ Bank, a new pure-play digital bank in Canada, has opened its virtual doors. It is underpinned by the front-to-back office software from Temenos. The bank is using Temenos’ T24 core banking system at the back-end and Temenos Connect for digital channels at the front-end. It is also using Insight BI for business intelligence and analytics.

Pakistan’s JS Bank has upgraded its core banking system to Temenos’ T24 R14.

United Nations Federal Credit Union (UNFCU), based in New York, has chosen Fiserv’s DNA core account processing platform to replace Temenos’ T24.

National Bank of Kuwait (NBK) in Egypt has implemented Swiss vendor Netguardians’ anti-fraud solution Fraudguardians.

Advanzia Bank has selected Temenos T24 to replace its existing core banking systems.

Julius Baer Group has agreed to buy Commerzbank’s Luxembourg-based private banking wing in a deal which will see it raking in an extra €3 billion in assets.

Nordics’ largest IT group, Tieto, has joined the list of service partners of banking software vendor Temenos.

Ethiopia-based Construction & Business Bank (CBB) has officially inaugurated Temenos’ T24 core banking system, 11 years after announcing the first bid.