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Temenos (SIX: TEMN), the banking software company today announced that Arab Investment Bank has selected Temenos to power its digital customer experience. Arab Investment Bank chose the market-leading capabilities of Temenos Infinity and Temenos Payments to improve performance, drive its digital growth strategy and provide a boost to financial inclusion for millions of Egyptians.
Artificial Intelligence is a heaven-sent blessing that has revolutionized the way the world operates. Our day-to-day tasks have been transformed with this intelligent solution that thinks and learns like a human. People may fear or mistrust this technology due to the misconception that it is taking over the world and will eventually destroy the very core of it. However, it is quite the opposite. With the use of artificial intelligence, everyday experiences in various industries like e-commerce, the health sector, financial institutions, etc.
As more customers have turned to digital channels to manage every aspect of their lives, they have experienced a poor payments experience and service.
The problem is cards. They were not built for a digital-first experience and have been retrofitted into current online payment flows. Newer approaches such as Google Pay or Apple Pay paper over those cracks but don’t change the fundamentals.
Specialist RegTech provider Shield today announced it is proud to be part of a historic Israeli delegation that will be the first to visit the GITEX Technology Week Live 2020 in Dubai, from 6th – 10th December 2020.
AlgoTrader announced its new partnership with UK-based AiX, a best-in-class, fully automated OTC desk for aggregating market makers. AiX´s intuitive, cutting edge artificial intelligence-based trading platform connects traders across markets and provides unprecedented levels of insight and control.
Aculab, a prominent worldwide provider of API-driven advanced speech and signal processing technologies, is pleased to announce the latest developments to its Communications Platform as a Service (CPaaS) Aculab Cloud.
Implementation services
UK-based global FinTech payments group Paysend achieved another record on December 30th with over 35,000 active users doing some 45,000 transfers abroad in a single day.
B-North, the Manchester-based firm building a regional SME lending bank for the UK, has received a follow-on £250,000 investment from the Greater Manchester Combined Authority. The GMCA had previously invested in the firm’s ‘Seed’ funding round. In a further boost, the company has secured an advertising-for-equity deal with Channel 4 Ventures, which will allow B-North to build significant awareness of its new proposition amongst retail customers once B-North has received its banking licence.
Financial IT speaks with Tim Hood, Associate VP EMEA of Hyland
