Path Solutions, a global banking software provider, was announced by IBS Intelligence as the leader in the Islamic financial services sector in IBS Islamic Sales League Table (SLT) 2020. 

For the eighth year in a row, Path Solutions was recognized the undisputed leader in Islamic Banking with more new Islamic deals signed in 2019 than any of its industry peers. The company is part of the iconic IBSI Leadership Club 2020 for back office systems, topping the Islamic Banking category since 2017.

Avaloq has been named Outstanding Wealth Management Technology Implementation – Back Office partner at the Global Private Banking Innovation Awards 2020. The award is the seventh accolade or industry citation to be won by Avaloq in 2020; most recently, it won the Best Outsourcing Solution and Best Transaction Processing awards at the WealthBriefing Asia Awards 2020.

Thought Machine, the cloud native core banking technology firm, today announced it has teamed up with RegTech leader TruNarrative to provide Atom bank groundbreaking financial crime prevention and core banking capabilities. This partnership has enabled Atom to use the TruNarrative platform to conduct a full suite of real-time AML transactional monitoring processes built on top of truly cloud native technology.

Surecomp, the market leader in global trade finance and treasury solutions for banks and corporations, today announced the launch of its new front-office solution Fastrade™, designed specifically for small-to-medium sized enterprises (SMEs). Fastrade™ allows banks to extend trade finance capabilities to their SME corporate clients, while SMEs can now also gain direct access to and benefit from fully digitized trade finance services.

The financial sector is historically one of the most secure industries in the world. It needs to earn trust and convince customers that their hard-earned money is safe. Nevertheless, the fact that banks are guardians of the one thing cyber criminals typically desire most (money) means security teams are under relentless pressure.  

FITTS today announced it was named the Rookie of the Year winner by Ingram Micro Cloud. The award was presented to FITTS during Ingram Micro’s Cloud Summit: The Digital Sessions, held virtually this year.

These annual awards spotlight Ingram Micro Cloud reselling partners worldwide who deliver platform solutions that drive digital transformation - all while demonstrating an outstanding level of innovation, sales success, performance and best-in-class utilization of Ingram Micro Cloud Marketplace.

COVID-19 has disturbed the whole world at a sudden, and the period between January and March 2020 was not sufficient for countries to take proper action, address, or analyze all aspects and side effects of the fast spread nature of the plague, nor the consequences at economic, social, aviation, transportation and political levels.

CaixaBank is transforming imagin, Spain’s leading mobile-only bank for young people, into a digital platform dedicated to the creation of digital services, both of a financial and non-financial nature, for the younger user. Its goal is to promote the growth and loyalty of the youngest customers, who are especially interested in using new technologies in their day-to-day lives and their future projects.

Revolut has launched its Open Banking feature in Ireland, providing customers with aggregated account data from AIB, Permanent TSB, Ulster Bank, and Bank of Ireland.