Path Solutions, the leading provider of Islamic software solutions and services, has won the title of ‘Best Islamic Technology Provider’ at The Asset Triple A Islamic Finance Awards 2019. The award puts emphasis on the company’s Sharia-compliant financial software suite and recognizes innovation and impact in advancing the Islamic financial services industry.

Baker Hill, a leading financial technology provider, delivering solutions for common loan origination, risk and relationship management, CECL, and smart data analytics, announced that Hawaii State FCU, Hawaii’s largest credit union lender, has chosen Baker Hill NextGen^® to support its rapid growth in commercial lending.

SunTec, the leader in revenue management and customer experience orchestration, announced the launch of Xelerate® Digital Core – an extremely low risk approach for banks to accelerate their Digital transformation journey, without having to replace their functionally stable legacy core systems.

While the global implementation of EMV chip technology has reduced fraud activity for card payments, the payment’s ecosystem is still battling the threat of new and emerging fraud payment schemes online. Brighterion, a Mastercard company, and Elavon, a global payments provider and subsidiary of U.S.

Bank of Kigali Plc has selected Temenos (SIX: TEMN), the banking software company, to power its digital transformation journey in order to support its regional growth plans and realize its financial inclusion objectives.

The Deloitte CFO report highlights the unprecedented pace of change within the finance function. With the ’risk appetite’ among Chief Finance Officers (CFOs) at the lowest since 2008, continued economic uncertainty, external compliance, regulatory change and internal cultural shifts; cost reduction is once again the CFO’s top priority.

Alibaba Cloud, the data intelligence backbone of Alibaba Group, generated the third largest cloud database management system (DBMS) revenue among global players in 2018, according to a recent report entitled Gartner, The Future of the DBMS Market Is Cloud, Donald Feinberg et al., 21 June 2019.

According to this report conducted by global analyst firm Gartner, Alibaba Cloud’s DBMS revenue increased by 116% year-on-year in 2018. Cloud DBMS revenue of the other two market leaders Amazon and Microsoft grew by 75% and 134% respectively.

DHL Supply Chain, world leader in contract logistics, today launched its latest research report on the evolution of e-commerce supply chains. The study shows that, despite understanding the vital importance of e-commerce on customer retention and satisfaction, most companies have failed to fully implement an e-commerce strategy.

The new insights are from a global survey of nearly 900 decision-makers responsible for logistics or supply chain management and e-commerce.

Credit Union Leasing of America (CULA), the leader in enabling credit unions to leverage the $64.6 billion U.S.¹ vehicle leasing market, announces the launch of a redesign to their proprietary lease management system, Seamless Lease Connection. The upgraded Seamless portal features several enhancements and is now accessible anywhere with an Internet connection.

Europe’s fastest growing company, Blue Motor Finance, today announces a new collaboration with Lloyds Bank Commercial Banking API Lab

The companies are partnering on an innovative Faster Payments and Direct Debit API to ensure individual motor traders and dealerships receive instant loan payments.

The new programme brings together Europe’s fastest growing FinTech start-up and one of the UK’s largest banks. The two companies have a longstanding relationship and plan to build on this further, to bring instant payments to the car finance market for the first time.