Rahul Babbar

With Systems Limited’s expertise, Mobilink Bank has modernized to Temenos’ cloud-native core, enabling agility, resilience, and seamless delivery of innovative financial solutions at scale. By upgrading to Temenos Transact on OCI with PCA-OKE, the bank has unified capabilities across cloud, data, AI, and security—empowering faster product innovation and driving financial inclusion across Pakistan. Read full press release: https://lnkd.in/gaqciX7b #DigitalBanking #CoreModernization #Temenos #CloudBanking #BankingInnovation #SystemsLimited #DigitalTransformation

216

4 kommentarer

In an article for CIO Online, Synechron’s CISO Aaron Momin explores how agentic AI is reshaping cybersecurity for banks, insurers and other financial companies. Read the full piece for his take on the impact and future direction of agentic AI – https://lnkd.in/erE9CpAb

96

With rising customer expectations for faster, transparent, and cost-efficient #payments, banks face increasing pressure to modernize.​ ​ This new Celent report highlights the steps banks must take to deliver real-time settlement, smart routing, and end-to-end transparency—turning cross-border payments into a growth opportunity.​ ​ 📖 Read the full report here: https://okt.to/golmjk ​ #FinastraPayments ​

29

Core Banking - Fiserv vs Temenos (Transact) The story of core banking is a story of reinvention. In the 1980s & 90s, banks ran on massive, monolithic cores built for batch processing and closed architectures. As globalization reshaped financial services, two paths emerged. In Europe, Temenos (founded 1993) set out to build packaged, parameter-driven software adaptable to different markets. Its flagship, Transact (T24), became the system of record for retail, corporate, and wealth banking in 150+ countries. Meanwhile in the U.S., Fiserv grew through acquisitions & becoming the default vendor for thousands of community banks and credit unions. Its newer bet, Finxact, gives it a cloud-native lever to modernize without discarding conversion muscle. That history sets the stage for today’s comparison: >Product -Fiserv: broad U.S. coverage + Finxact for modern plays; strong tie-ins to payments monetization. -Temenos Transact: global retail/wealth/corporate coverage; rich catalog; wide SI network and country packs. >Tech Stack -Fiserv: hybrid cores + cloud-native Finxact; tight integration with digital, fraud, card, and money movement. -Temenos: microservices evolution; robust product engines; proven localization layers. >GTM -Fiserv: strongest in North America; vendor-led delivery and conversions; payments-adjacent story. -Temenos: SI (systems integrator)-led programs, multi-country deals, complex corporate banking. Key SIs: Accenture, Deloitte, Tata Consultancy Services, Infosys, Cognizant, Capgemini. >SWOT -Fiserv Strengths: phased modernization, conversion muscle, end-to-end payments monetization. -Fiserv Weaknesses: U.S.-skew; complexity across cores. -Temenos Strengths: global references, corporate depth, partner ecosystem for localization/regulatory. -Temenos Weaknesses: SI cost/variability; upgrade discipline depends on governance. >> 2 to 3yr Outlook << >Base case: multi-country banks lean Temenos; U.S. regionals lean Fiserv; hybrids emerge. >Incumbents: FIS and Jack Henry defend with progressive modernization. Oracle, Finacle, BaNCS strong in EMEA/APAC. >Challengers: Between Thought Machine (flexibility), Mambu/Nymbus (speed), Corelation, Inc. (credit unions), expect selective wins in greenfield, spin-outs, and carve-outs where instant payout/FX and evented ledgers matter. >Bull cases: -Fiserv: Finxact + payments adjacency boost ROI. -Temenos: corporate depth + partner velocity drive deals. -Challengers: modular cores power embedded banking, wallets, and BaaS. Watchpoints: -Lifecycle cost (vendor vs. SI), upgrade cadence, AI/data convergence, portability, instant-payment integration. Conclusion The 'winning core' won’t be a monolith but an orchestration layer: evented ledger (will cover this), clean product engines, reliable upgrades, and hooks into instant payments + AI. Banks will run multi-core estates linked by APIs which will not look like a once-in-a-generation replacement. #corebanking #fintech #banking #payments

181

20 kommentarer

Sustainability isn’t just good optics—it’s essential for resilience and long-term success in today’s financial landscape. In his latest opinion piece for American Banker, Joe Myers, EVP Global Banking, outlines how FIs can turn risk into opportunities and build a more sustainable, profitable future through tech modernization.

94

Step into the future of banking with the latest trends in conversational AI. This transformative technology is reshaping customer interactions and redefining the banking landscape. ✍️Discover what our experts reveal about the next steps in AI, building trust through responsible AI, and key trends like hyper-personalization, speech assistants, and AI agents: https://bit.ly/4mNMJcl #AI #ConversationalPlatform #FinancialIndustry #CustomerExperience

66

1 kommentar

FIS has introduced CodeConnect, its new developer experience and API marketplace. The platform provides a single gateway to FIS’s API-enabled products, from core banking and payments to card management and fraud solutions. Developers can explore and test APIs in a sandbox before integrating, helping them move from idea to market faster. As Michelle Henrich highlights, CodeConnect is about more than speed. It’s built in partnership with clients to ensure the right solutions address real challenges in financial services. https://lnkd.in/eiP6gwxg #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

73

🚩Modernising infrastructure doesn't always have to be difficult or costly. Traditional systems struggle with real-time decisioning, data unification, and seamless integration. As customer expectations rise, modern banking infrastructure demands cloud-native architectures, API-first integration, and intelligent orchestration powered by AI and machine learning.​ A Tier 1 APAC bank used Synpulse's Plug& BaaS to launch a fully digital subsidiary, achieving 85% straight-through processing and cutting customer acquisition costs by 30%.​ 🔗 See how Plug& can support your next step toward modernisation: https://ow.ly/vuIA50WshRM #PlugBaaS #OpenAPIs #PrivateBanking #FinancialServices

23