Path Solutions, a pioneer and worldwide provider of cutting-edge Islamic core banking systems is proud to announce that it has been named “Best Islamic Finance Technology Provider” for a third time at the Global Islamic Finance Awards (GIFA) 2015. 

Launched in 2011 at the ‘First Oman Islamic Economic Forum’ in Muscat, the GIFA awards recognize and celebrate success and contributions of individuals and institutions in the Islamic financial services industry. Their objective is to highlight best practices and key milestones in this extremely competitive sector.

Increasing global financial connectivity and complexity of financial products have driven central banks and regulatory bodies worldwide to enforce a variety of risk and compliance mandates. A common highlight in most mandates is the emphasis on automation, demand for quality data and building agility for future changes. Meanwhile the SBV has embarked on a Basel journey to establish a stable and stress-free financial ecosystem in Vietnam by launching a pilot implementation phase for 10 banks - to be eventually rolled out to all banks.

Revolutionary UK FinTech company, Hello Soda today announces its expansion into the United States with the opening of a New York office and recruitment of two new heads of sales.

The US office and hiring of experienced new recruits, Layton Brooks and Oliver Peckham, will enable Hello Soda to push further into the US market and develop an established brand presence in the North-American market.

essDOCS, the leading enabler of paperless trade, announced today the launch of its consulting arm, essDOCS Consulting, as part of focused efforts to expand and optimize usage of digital transaction documents and FinTech solutions by banks and their corporate customers across the globe.

essDOCS Consulting is set up to support:

JetPay Solutions is now fully operational in the UK - and authorised by the Financial Conduct Authority. JetPay has been prevalent in global credit card processing - especially in the Card-Not-Present market and eCommerce for over 25 years in the US.

With numerous change requests being raised by banks from time to time on Integro’s cash management and loan originating product, it became a challenge to ensure that every release provided by developer was good and stable. In addition, some new project joiners required more time to pick up the product knowledge. As a result, some testing scenarios were getting missed out during the regression testing. To solve these challenges, Integro started looking for a good automation tool which can assure the testing quality, in addition to providing script reusability.

 Markit (Nasdaq: MRKT), a global diversified provider of financial information services, has been selected by KfW, Germany’s largest development bank, following its public tender process. KfW will deploy Markit’s enterprise data management (EDM) solution to help drive its BCBS 239 compliance, enable its expansion to a multivendor environment and streamline its data management architecture while further supporting KfW’s liquidity and Portfolio Valuations projects.

 Volante Technologies Inc., a global leader in the provision of software for the integration, processing and orchestration of financial messages, data and payments, together with its South African partner Bytes Universal Systems, have been selected by Nedbank to facilitate the transformation of its financial payments message service layer across multiple Nedbank entities.

ACI Worldwide (NASDAQ: ACIW), a leading global provider of electronic payment and banking solutions, today announced its participation at Sibos, SWIFT’s annual international financial services conference, held October 12-15, 2015 in Singapore.

UK Asset Resolution Limited (UKAR), the holding company established to combine the government-owned businesses of Bradford & Bingley plc (B&B) and NRAM plc, has replaced its treasury and risk platform with SunGard’s Ambit Treasury Management solution.