• 19.10.2016 -- 07:49 am

Financial IT speaks with Al Carpetto, EVP, Business Head Americas, iGTB about contextual banking at Sibos 2016.

• 17.10.2016 -- 01:19 pm

Bill Blythe,Global Business Development Director at Gresham talks about the latest changes in reporting and enterprise data management and how financial organizations can achieve MiFID II and MiFIR standards. Bill also mentions how Gresham’s CTC can help financial institutions comply with new norms.

• 17.10.2016 -- 11:19 am

Banks must work together to achieve global real-time cross-border payments Tony Brady tells Financial IT.

On Monday 10^th October, Professor Laurent Marliere, publisher of ISLAMICA 500 presented Mohammed Kateeb, Group Chairman & CEO of Path Solutions, the prestigious Leadership Award 2017 in Information Technologies & Media.

Held in conjunction with the ‘Global Islamic Economy Summit (GIES 2016)’, the ISLAMICA 500 private award reception took place at the Hilton Dubai Jumeirah Beach, UAE.

“We went through the profile of a large number of high level nominees, and we evaluated them for their leadership, industry commitment and significant accomplishments during the past year”, Prof. Laurent Marliere said, describing the selection process. “We believe this is an appropriate acknowledgement of what it means to be a technology trailblazer. This recognition is merited for Kateeb’s outstanding contributions and achievements in empowering Islamic finance with advanced technology solutions”.

Mohammed Kateeb has earned a reputation for his pioneering role in the development of interest-free financial technology solutions. He had also played lead roles in a number of global initiatives for the development of Islamic finance; Being a member of the Board of Trustees of IRTI, an affiliate of the Islamic Development Bank Group (IDBG), Kateeb works closely with key industry figures to develop a technology-enabled Islamic financial services sector to foster Islamic financial inclusion. In 2015, Kateeb was selected as ‘Islamic Finance Technology CEO of the Year’ by Business Worldwide magazine, and only last month he was named among the ‘Top 10 CEOs in Enterprise Software’ by CEO Insight, having attained the peak of achievement in terms of ethical leadership and market influence.

On receiving the Leadership Award, Mohammed Kateeb said, “I am humbled, honored and grateful to have been selected for the Leadership in Information Technologies & Media Award as well as among the Top 50 of ISLAMICA 500 Global Leaders in Islamic Economy. I feel very fortunate to have the opportunity to work with a great team at Path Solutions and many distinguished persons in the industry. The world is ready for an alternative to interest-based finance, and today we have more resources and capabilities than ever before to make the world a better place. Of course, we are extremely proud of how far we’ve achieved in Islamic economy, but going forward, let us converge our efforts and grasp the opportunity to push this industry beyond any limitations, to achieve its full potential”.

Again, Mohammed Kateeb has been ranked among the World’s Top 50 of ISLAMICA 500 Global Leaders in Islamic Economy by ISFIN, the world’s leading advisory for Islamic markets. 2016 was the second consecutive year that Kateeb made the list comprising notable people in the Islamic industry.

Published by ISFIN Institute, the academic and training subsidiary of ISFIN, ISLAMICA 500 2017 guide includes biographical details of 500 of the world’s most prominent and influential personalities in the Islamic economy world, those who have had a major impact on the Islamic industry this year.

Given the escalation in sophisticated financial crime, what are some of the key must-haves when evaluating a strong Enterprise Fraud Management solution?

• 14.10.2016 -- 07:49 pm

Financial IT speaks with Nanda Kumar, President and CEO, SunTec at Sibos 2016 

• 14.10.2016 -- 07:00 pm

Financial IT speaks with Amit Dua, Executive VP, Global Head-Client Facing Group, SunTec at Sibos 2016

• Case Studies
• 14.10.2016 02:53 pm

Increased sophistication in the banking system has simultaneously increased sophistication in banking frauds. Banks today face a growing risk of fraud incidents via phishing and identity theft, ATM frauds, payment card fraud, cross channel frauds, malware & Trojan attacks and SIM swap. Online fraud alone has cost the global economy much more than initial estimates of USD 100 bn. Banks and regulators are continuously working on combat banking fraud to protect institutions and customers from falling prey to fraud.

• Case Studies
• 14.10.2016 02:53 pm

Branch banking has been the linchpin of banking activity since the evolution of banks. The rise of financial services and a new mobile generation of consumers contribute to an on-going shift in how banking organizations service their customers. With competition intensifying among financial institutions to provide the best services to customers, it has become imperative for banks to provide superior, consistent and effortless customer experience to acquire new customers or retain existing ones.

• 14.10.2016 -- 02:05 pm