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Miles Software Enters Into Strategic Partnership With State Bank of Mauritius Group to Launch MoneyWare Across the Bank and the NBFC

Miles Software, the Global Fintech giant in the Wealth, Asset, Portfolio management and Custody business, today announced the strategic partnership with SBM Bank (Mauritius) Ltd (SBM) and SBM (NBFC) Holdings Ltd to launch their flagship technology platform, MoneyWare, across the bank and the NBFC.

Monday, August 13, 2018 - 12:13
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China will have 44.59% of the global facial recognition market share by 2023 and Cloudwalk will become the biggest winner

Recently, Gen Market Insights released its "Global Face Recognition Device Market Research Report 2018", which surveyed the market conditions of global face recognition devices. According to the report, China is the largest market for face recognition, and the China AI giant Cloudwalk ranks 1st in the world for its face recognition market share.

 

Monday, August 13, 2018 - 12:05
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WANTED: Innovation Process Management Tool

How does one recognize and distinguish the serious innovation? What separates real innovators from those which aren’t so serious about it? The true innovators are actually able to maintain a discipline of innovation. For them it is a habit, the second nature, basically something they naturally keep doing day in and day out.

There is no prescribed formula for success here, but most of the organized innovation efforts go through similar and repeatable journeys, from seemingly chaotic and unorganized set of ideas, toward the clear value.

 

Monday, August 13, 2018 - 11:14
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EastNets Appoints New CTO To Enhance Its Technology Vision and Direction

EastNets, a leading global provider of compliance and payments solutions for the financial services industry has announced the appointment of Luay Gadallah as the company’s new Chief Technology Officer. Luay will be responsible for overseeing the strategic direction of EastNets technology organization, as well as upholding the company’s technology position at the forefront of the industry.

Monday, August 13, 2018 - 10:30
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National Bank of Egypt Partners with Finastra to Upgrades UK treasury and risk management operations

Finastra today announced that National Bank of Egypt (UK) Limited is deploying Fusion Treasury and Fusion Risk. The treasury and risk solutions will be tightly integrated with the bank’s existing Fusion Equation core banking system - helping the bank to deliver a more comprehensive and superior service.

Monday, August 13, 2018 - 10:26
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Onpex moves into banking-as-a-service space

ONPEX a leading provider of multi-currency IBAN solutions, has launched its cloud-based Banking-as-a-Service. 

The platform offers multiple tools such as IBAN issuing, Single Euro Payments Area (SEPA) and cross-border payments, as well as multi-currency management. Given the platform’s capabilities, businesses can build, configure and manage their own financial services.

Monday, August 13, 2018 - 10:16
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Pakistan added to Emirates Islamic QuickRemit money transfer routes

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced that its 60 second online fund transfer service ‘QuickRemit’ is now available for remittances to Pakistan. 

The Bank has launched the service to coincide with Pakistan’s Independence Day. 

Monday, August 13, 2018 - 10:13
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New Islamic core banking software deal for Path Solutions in Morocco

Path Solutions, a global leader in Sharia-based technologies to the Islamic financial services industry, has announced that it has signed a strategic partnership agreement with Attijariwafa Bank Group in Morocco.

Under the terms of the agreement, Path Solutions will provide and implement its interest-free core banking platform iMAL across the 31 branches of Attijariwafa Bank participative subsidiary Bank Assafa, including Sharia-compliant financing, delivery channels and trade finance.

Monday, August 13, 2018 - 09:59
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The Agricultural Bank of Sudan is now operating on ICS BANKS ISLAMIC from ICS Financial Systems

Khartoum, Sudan: The Agricultural Bank of Sudan, the first national Sudanese bank and is wholly owned by the Government, has gone live on  ICS BANKS ISLAMIC from ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions.

Monday, August 13, 2018 - 09:57
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Continuous investment and activity are key for staying ahead in the cyber arms race, says Databarracks

UK organisations are concerned about their abilities to keep pace with the persistent rise of new cyber security challenges. This follows new data from business continuity and disaster recovery provider, Databarracks, revealing only 56 per cent of UK firms believe they have sufficient cyber security skills in-house to deal with threats against their business.

Monday, August 13, 2018 - 09:54
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