AlHuda CIBE Hosted an Exposure Visit for National Bank of Ethiopia in Malaysia
- 1 year 11 months ago
- Islamic Finance
AlHuda Centre of Islamic Banking and Economics (CIBE) a consultancy and advisory company for the development of Islamic finance industry with continuation of its legacy hosted an exposure visit of the Executive Management of National Bank of Ethiopia in Malaysia. It was the combination of Executive Training for the Regulators and exposure of practices in a well-established market.
Machias Savings Bank Chooses Jack Henry for Modern, Open Technology
- 1 year 11 months ago
- Banking
Jack Henry™ announced today that Machias Savings Bank, a $2.4 billion-asset mutual savings bank, has selected Jack Henry to modernize its technology stack and help it continue delivering high-level customer service as the bank grows.
British Business Bank Publishes Updated List of 591 Companies in Which the Future Fund Has an Equity Interest
- 1 year 11 months ago
- Banking
Today the British Business Bank publishes a list of 67 additional companies in which the Future Fund holds an equity interest, taking total equity holdings to 591 as at 30 June 2023.
Banks Step Up Financial Management Support for Brits as Cost-of-living Crisis Continues
- 1 year 11 months ago
- Banking
Financial institutions are ramping up data-driven financial management support, as UK consumers grapple with the rising cost of bills and goods.
GAT Investment Bank Partners with Currencycloud to Give its Clients a Global Banking Solution
- 1 year 11 months ago
- Banking
Currencycloud, the experts simplifying business in a multi-currency world, has partnered with Malaysia-based GAT Investment Bank to launch GAT Money, an app offering an alternative solution to new clients who need a global banking solution which offers access to competitive FX rates and an extensive cross-border collections and payments network, all in one place.
Banks in APAC are Losing Out to New Customers Due to Slow Transformation, 10x Banking Finds as They Announce Expansion Plans in the Region
- 1 year 11 months ago
- Banking
10x Banking (10x), the global, cloud-native core banking platform, today announced its plans to accelerate the company’s growth in APAC fuelled by a landmark study revealing that a third of banks in key markets across the globe are losing large numbers of their customer base to rivals due to slow transformation.
Monese’s XYB selects Paymentology to Power it’s Coreless Banking Platform
- 1 year 11 months ago
- Banking
Paymentology, the leading global issuer-processor, today announces its strategic global partnership with Monese’s XYB, an end-to-end ‘coreless’ banking platform provider, launched in May 2023, and poised to shake up the banking industry.
Empowering Corporate & SME Clients in Saudi Arabia: Another Banking Giant Embraces iGTB's Digital Transaction Banking Solution
- 1 year 11 months ago
- Banking
Intellect Global Transaction Banking (iGTB), the transaction banking specialist from Intellect Design Arena Limited, ranked #1 in the world for Transaction Banking by IBS Intelligence, announced that another leading bank in the Kingdom of Saudi Arabia, has chosen iGTB's Digital Transaction Banking (DTB) powered by eMACH.ai architecture to automate and elevate their transaction banking offering.
Profile Software Announces an Extension to its Relationship with Allica Bank
- 1 year 12 months ago
- Banking
Profile, a leading financial solutions provider, has announced the extension of the term of its contract with Allica Bank, which has been based on the strong relationship and fruitful collaboration between the two parties.
Topicus and Five Degrees Disrupt the Financial Industry with Cutting-edge Banking Technology Stacks
- 1 year 12 months ago
- Banking
Following the successful acquisition of Five Degrees by Topicus, the combined force will offer turn-key banking tech-stacks that challenge technology providers incumbent to the sector. Topicus and Five Degrees vocalized their ambition at the Five Degrees offices during a recent networking event. The event featured Sabyasachi Sengupta of ABN AMRO Bank as keynote speaker and Topicus CEO Daan Dijkhuizen elaborating on the strategic direction.
Core Banking Platform: a Significant Lever for Innovation
- 1 year 12 months ago
- Core Banking
Process Oriented Core Banking (POBC), or Core Banking Platforms, represents the latest generation of core banking solutions. Developed over the last few years, they offer financial institutions the opportunity to take full advantage of the digital revolution by meeting the scalability needs of the industry.
AlHuda CIBE and FDO Signed an Agreement to Set Up Islamic Microfinance Window Operation
- 1 year 12 months ago
- Islamic Finance
AlHuda Centre of Islamic Banking and Economics (CIBE) and Farmers Development Organization (FDO) have signed an agreement to establish an Islamic microfinance window operation. The agreement was signed by Mr. Muhammad Zubair, CEO of AlHuda CIBE and Mr. Ghulam Mustafa, CEO of FDO. The Islamic microfinance window will provide financial services to low-income and marginalized communities in Pakistan.
Canadian Tire Bank Expands Relationship with Temenos and Moves to Temenos Banking Cloud
- 1 year 12 months ago
- Banking
Temenos today announced that Canadian Tire Bank (CTB), the financial arm of Canadian Tire Corporation (CTC) – one of the largest Canadian retail companies – will adopt Temenos Banking Cloud to accelerate its core modernization.
Alternative Financing Market Revenue to Reach $40B by 2032
- 2 years 2 days ago
- Alternative Finance
As per the report by Global Market Insights, Inc. “Worldwide Alternative Financing Market was valued at USD 10 billion in 2022 and will surpass a revenue collection of USD 40 billion by 2032 with an annual growth rate of 15% over 2023 to 2032.”
Euromoney Names Santander “Best Bank in the World” for SMEs, Financial Inclusion and Emerging Markets
- 2 years 2 days ago
- Banking
Santander has received three global awards for the first time at the 2023 Euromoney Awards for Excellence: ‘World’s Best Bank for SMEs’; ‘World’s Best Bank for Financial Inclusion’ and ‘World’s Best Bank for the Emerging Markets’.
