Subscribe
|
|
|
|
|
|
|
News

New challenger AlbaCo plans to launch with Temenos core banking

Friday 13 September 2019 00:50 CET | News

AlbaCo, a new Scottish business venture, is planning to launch a UK challenger bank for small medium enterprises (SMEs) and has selected Temenos as its core banking platform running in the cloud, according to Ruby Hinchliffe from FinTech Futures.The neobank, Alba, has selected Temenos Infinity and Temenos T24 Transact, as well as advanced analytics and payments modules to power its business lines for digital lending and savings.

Temenos will provide full hosting and application management services to Alba running on the Microsoft Azure cloud using Temenos Cloud Services.

Alba expects to receive a banking licence from the Prudential Regulation Authority (PRA) and launch in 2020.

 



More: Link


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: AlbaCo, Temenos, core banking, B2B, digital, UK
Categories:
Companies:
Countries: World





Industry Events

Free Headlines ::: subscribe now
RSS ::: follow ThePaypers via RSS ::: connect
LinkedIn ::: connect with ThePaypers on LinkedIn ::: connect
Twitter ::: follow ThePaypers on Twitter ::: follow
Facebook ::: like ThePaypers on Facebook ::: like