Temenos delivers T24 Cloud Islamic in Africa
- 9 years 5 months ago
- Islamic Finance
Move enables banks to grasp the US$2 trillion Islamic banking market opportunity through new lower cost cloud access to Temenos’ long-established T24 Islamic banking solution. Temenos (SIX: TEMN), the market leading provider of mission-critical solutions to the financial services industry, today announces that its specialist T24 Islamic core-banking solution is now available as a cloud-based service, ‘T24 Cloud Islamic’, delivering access to... more
Al Rajhi Bank Chooses Diebold's Technology To Drive Branch Automation Strategy
- 9 years 6 months ago
- Islamic Finance
Al Rajhi Bank, one of the largest Islamic banks in the world, has selected Diebold's technology to migrate transactions from the traditional teller line to the self-service channel and transform the in-branch banking experience for its customers. In Saudi Arabia, the vast majority of transactions are performed with cash. Approximately 70 percent of all banking transactions are performed inside the bank branch, which leads to long teller queues.
National Bank goes live with iMAL Islamic Core Banking System
- 9 years 6 months ago
- Islamic Finance
Path Solutions, the global Islamic banking software group announced that Kenya-based National Bank successfully went live on April 27th 2015 with iMAL Islamic core banking system for its Islamic window named National Amanah.
Misys Launches ‘Outside-In’ Banking Approach for Islamic Banks
- 9 years 6 months ago
- Islamic Finance
Misys, the leading financial software company, today launches Misys FusionBanking Essence Islamic – a major new component in its ground-breaking banking platform, Misys FusionBanking Essence. With an annual growth of 17 per cent, Islamic banking is a key area where banks can stay ahead of their competition and gain market share. Technology is stagnating banks’ profitability, with Islamic banks averaging just 12.6 per cent Return on Equity, while... more
Path Solutions has topped IBS Islamic Sales League Table 2015 as ‘Number One Best Selling Islamic Banking Software Provider Worldwide’
- 9 years 6 months ago
- Islamic Finance
Path Solutions, the global Islamic banking software group, is pleased to announce that it has topped the IBS Islamic Sales League Table 2015 comprised of top technology providers to the Islamic financial services industry.
