ICSFS’ Islamic Team Participates in AAOIFI's Intensive Workshop Following the 14th AAOIFI-World Bank Annual Conference
- 5 years 9 months ago
- Banking, Islamic Finance
ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, Islamic team have participated in The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) workshop, the leading international not-for-profit organisation primarily responsible for development and issuance of standards for the global Islamic finance industry.
Canada's EQ Bank Moves Core Banking System to the Cloud
- 5 years 9 months ago
- Banking
EQ Bank, the digital arm of Canada's Equitable Bank, has moved its entire core banking system to the cloud. Launched in 2016, EQ Bank has surpassed $2.5 billion in deposits, offering consumers high interest savings and an optional checking account. The challenger brand says the shift of its architecture to Microsoft Azure will reduce overheads and ready the bank for up-an-coming innovations in open Banking. The move is supported by long-term... more
RBC Backs University Programme on Ethics in AI and Data Analytics
- 5 years 9 months ago
- Retail Banking
Royal Bank of Canada (RBC) is joining forces with Western University on a programme exploring the ethical and social aspects of data analysis and AI.
Wethaq Launches First Sukuk on its Market Infrastructure Using SWIFT gpi Link
- 5 years 9 months ago
- Wholesale Banking
Wethaq announced that it has issued the first pilot Sukuk on its securities market infrastructure for the Islamic capital markets under the supervision of the Dubai Financial Services Authority.
CaixaBank Joins the Salesforce Financial Services Cloud Design Partner Programme
- 5 years 9 months ago
- Retail Banking
CaixaBank and Salesforce, the global leader in Customer Relationship Management (CRM), have reached an agreement for the joint development of technological innovation for financial services.
Collibra inducted into JPMorgan Chase Hall of Innovation
- 5 years 9 months ago
- Banking, Data, IT Innovations
Collibra, the Data Intelligence company, today announced it has been inducted into the JPMorgan Chase Hall of Innovation. Each year, the JPMorgan Chase Hall of Innovation award recognizes select emerging tech vendors for their innovation, business value and disruptive nature.
EQ Bank moves core banking system to the cloud
- 5 years 9 months ago
- Banking
Today, EQ Bank, the digital arm of Canada's Challenger Bank™ Equitable Bank (TSX: EQB and EQB.PR.C), announced it has moved its entire core banking system to the cloud, making it the first bank in Canada to be fully hosted in state-of-the-art public cloud architecture.
Capitolis Raises $40 Million
- 5 years 9 months ago
- Wholesale Banking
Capitolis, a 'next generation' provider of capital markets technology founded by Gil Mandelzis, ex-Traiana, and Icap, Tom Glocer, ex-CEO of Thomson Reuters, and Igor Teleshevksy, formerly Traiana, has raised $40 million in financing from Spark Capital and SVB Capital.
IBOS Association celebrates 25 years of growth
- 5 years 9 months ago
- Banking
IBOS is proud to announce that, through its member banks around the globe, it has now been providing clients with world class international cash management services for 25 years and continues to develop, expand and innovate in order to remain competitive and offer a level of service which only local banks can provide.
Standard Chartered Launches Mobile Tokens for Commercial Customers
- 5 years 9 months ago
- Banking
Standard Chartered is introducing mobile tokens in over 38 markets for corporate clients who use its Straight2Bank platform for cash management and trade transactions. This will eliminate the need for clients to carry physical tokens and allow them to secure their two-factor authentication (2FA) from their mobile phones. The Bank will aggressively rollout this new feature over the next three months, which will benefit more than 100,000 of its... more
HSBC Builds the Bank of the Future with MuleSoft
- 5 years 9 months ago
- Banking
MuleSoft, provider of the leading platform for building application networks, today announced that HSBC is leveraging MuleSoft’s Anypoint Platform to build a digital banking platform to power the bank of the future.
UK public not ready for challenger banks as concerns around security halts technology adoption
- 5 years 9 months ago
- Banking
Challenger banks have all the ingredients for success, but public’s trust in technology is a significant barrier to widespread adoption, according to Fujitsu’s ‘Technology and the New Banking Customer’ report. The study, which spans the UK, Germany, Spain, Republic of Ireland and the Nordics, found that two-fifths (40%) of the British public don’t trust challenger banks at all and 77% admit to only banking with a traditional bank.
Ping An Bank Relies on MX.3 for All Capital Markets Activities
- 5 years 9 months ago
- Banking
Ping An Bank, a nationwide joint-stock commercial bank with $497 billion asset under management, has successfully gone live on Murex’s flexible and open MX.3 platform. The bank is now using MX.3 across asset classes for all its capital markets activities, from front- to back-office and risk management, eliminating the need for reconciliation across multiple IT systems.
ACI Worldwide to Deliver Universal Payments Technology Via Microsoft Azure
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time
Askari Bank selects Finastra to power its trade finance business
- 5 years 9 months ago
- Banking
Last week at Finastra Universe Dubai, Finastra announced that Askari Bank, a leading commercial bank in Pakistan, has chosen its market leading trade finance solution, Fusion Trade Innovation, to digitalize its trade finance business. The solution will enhance the bank’s comprehensive digital trade capabilities via built-in workflow features and will improve services for its corporate and retail customers by providing a smart user interface.
