Path Solutions Upgrades Jaiz Bank’s Core Banking Platform for Enhanced Performance
- 5 years 11 months ago
- Core Banking, Islamic Finance
Path Solutions, the global Islamic banking software company, today announced that Jaiz Bank Plc., Nigeria’s premier non-interest (Islamic) bank has successfully upgraded its Islamic core banking platform iMAL R14.1 version. The upgrade is to enable innovation that will meet evolving customers’ needs as it expands into new markets.
ICS Financial Systems named winner of Best Banking & Financial Software Solutions Award 2019 by World Finance
- 5 years 11 months ago
- Banking, Islamic Finance
With disruptive fintech firms becoming a more pervasive fixture in the financial landscape, many traditional institutions are struggling to remain competitive. It’s here that digital solutions providers such as ICS Financial Systems (ICSFS) come in, helping banks to bolster their technological capabilities and maintain their market share.
Path Solutions won first place in a record-breaking four categories of ACQ5 Global Awards
- 5 years 11 months ago
- Islamic Finance, Financial
Path Solutions, a global provider of Sharia-compliant banking software solutions and services, has won four categories in the 2019 ACQ5 Global Awards. Building on last year’s three-win, the company topped the Core Banking, Digital Banking, Sharia-compliant Microfinance, and GameChanger of the Year - Islamic Finance categories in this year’s rankings.
The Trophy for Best Islamic Technology Provider goes to Path Solutions from the Asset
- 5 years 11 months ago
- Islamic Finance
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.
ICS Financial Systems Named “Best Technology Solution Provider to Islamic Finance in UK”
- 6 years 1 month ago
- Banking, Islamic Finance
ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, is awarded “Best Technology Solution Provider to Islamic Finance in UK” during CIS (The Commonwealth of Independent States) – Islamic Banking and Finance Forum, organized by AlHuda Centre of Islamic Banking and Economics (CIBE).
ICS Financial Systems to Participate at AAOIFI’s Shari’ah Conference, 17th Edition
- 6 years 1 month ago
- Islamic Finance
Manama, Kingdom of Bahrain: ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, has participated in the 17th Annual Shari'ah Conference of
World Finance Magazine names Temenos “Best Islamic Banking & Finance Technology Provider”
- 6 years 2 months ago
- Islamic Finance
The 2019 Islamic Finance Awards, presented by World Finance Magazine, has announced that Temenos (SIX: TEMN) has won the ‘Best Islamic Banking & Finance Technology Provider’, for its breakthrough digital front office product, Temenos Infinity, and next generation core banking system, Temenos T24 Transact. For the second consecutive year, Temenos was recognized after demonstrating remarkable contributions to Shari’ah-compliant banking,... more
Ameen Al-Iraq Islamic Bank for Investment and Finance powers digital banking with iMAL
- 6 years 2 months ago
- Islamic Finance
Ameen Al-Iraq Islamic Bank for Investment and Finance (known as: Ameen Al-Iraq) has just signed for Path Solutions’ iMAL Islamic core banking platform in preference to other core banking systems for its new digital banking business in Iraq. The contract signing took place in Beirut, Lebanon.
Path Solutions Moves Award-winning Banking Technology onto Microsoft Azure to Accelerate Customer Growth
- 6 years 2 months ago
- Islamic Finance, Cloud
Fintech solution provider, Path Solutions, today announced that it has successfully deployed and tested its latest iMAL R14.1 technology on Azure, Microsoft’s trusted and intelligent cloud. Currently used by over 100 Islamic banks, iMAL is a multi-award-winning core banking and investment platform.
ICSFS & PBZ CELEBRATES SUCCESSFUL GO LIVE OF ICS BANKS ISLAMIC AND ICS BANK
- 6 years 3 months ago
- Banking, Islamic Finance
The People’s Bank of Zanzibar (PBZ), a state-owned and one of the oldest commercial banks in Tanzania, has successfully deployed and gone live on ICS BANKS ISLAMIC and ICS BANKS universal software suites from ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions.
Palestine Islamic Bank selects Temenos Software to power its digital banking transformation
- 6 years 3 months ago
- Banking, Islamic Finance
Temenos (SIX: TEMN), the banking software company, today announced that Palestine Islamic Bank (PIB), the largest Islamic bank in Palestine, has chosen cloud-native, cloud-agnostic Temenos Infinity and Temenos T24 Transact to transform its banking systems and drive its digital transformation.
Finastra to power core retail banking at Al Taif Islamic Bank
- 6 years 3 months ago
- Artificial Intelligence, Islamic Finance, Infrastructure
Al Taif Islamic Bank has chosen Fusion Islamic, Finastra’s core banking solution dedicated to the Islamic market, to kick start its retail business. The move will provide the new challenger bank’s customers with a consistent and user-friendly experience in branch and across all digital channels, whilst complying with Shari’ah requirements.
Al Mustashar Islamic Bank Goes Live in Record Time with ICS BANKS ISLAMIC From ICSFS
- 6 years 5 months ago
- Islamic Finance
ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, announced that Al Mustashar Islamic Bank, a recently established bank in Iraq, is now operating on its multi-awards winning Islamic banking software suite
Hammurabi Commercial Bank Selects ICS BANKS from ICSFS to Deliver New Advanced Banking Technologies
- 6 years 6 months ago
- Banking, Islamic Finance
ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, today announced that Hammurabi Commercial Bank, a new established bank by the Central Bank of Iraq, has selected the multi-awards winning solution
AAOIFI and Path Solutions sign agreement to pursue and maintain certification
- 6 years 6 months ago
- Islamic Finance
The Accounting and Auditing Organization for Islamic Financial Institutions (“AAOIFI”) and Path Solutions signed an agreement for the renewal of certification for Path Solutions’ iMAL Islamic core banking platform to comply with AAOIFI’s relevant standards.