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Why Consolidated Bank lost Sh203m software upgrade dispute
Consolidated Bank has lost a $1.5 million (Sh203 million) software upgrade dispute against office technology firm MFI Technology Solutions Limited.The High Court ruled that the bank’s failure to pay ...
Standard Bank is spending ZAR21 billion ($1.65 billion) to roll out new software platforms, as competition between lenders for clients hots up. The African lender is implementing SAP in South Africa, ...
Saddled with the need to execute thousands of routine, recurring, volume-intensive, resource- guzzling and time- consuming business processes daily, organizations are scrambling to find new ways of ...
Despite tariffs, India's Q2 FY26 GDP growth likely at 7.5%, higher than last year: Union Bank Report ...
A customer of The Cooperative Bank knew that her daughter was slowly siphoning money out of her checking account, but didn’t know how to bring it up with her. Processing Content It's the kind of story ...
ME Bank has settled with Switzerland-based vendor Temenos as its core banking software provider. The bank is currently one third of the way through a four-year, AU$57 million technology-transformation ...
Driven by a very strong belief in the future of software-defined data center technology, Bank of America is steering its IT to almost total virtualization, from the data center to desktop. The ...
Agile and adaptive banking is on the rise. In the past several years, the demand for flexible and virtual financial services options has prompted a transition from traditional banking methods to ...
On June 19, 2023, Umpqua Bank confirmed that it was impacted by the massive cyberattack targeting the MOVEit file transfer software, a product of Progress Software. At this point, the investigation ...
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