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- 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.
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- 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.
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- 14.10.2016 -- 02:05 pm
Other Videos
- 14.10.2016 -- 02:01 pm
Thomas C. Brown, Vice President Strategic Sales at LexisNexis Risk Solutions speaks about managing the risks in emerging markets at Sibos 2016.
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- 14.10.2016 -- 08:26 am
Alexander Goulandris, CEO, essDOCS talks about paperless trade and supply chain digitization at Sibos 2016. He also comments on the recently signed deal between Misys and essDOCS.
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Joanne Marlowe
Founder and Chief Executive Officer at UFT
I am an optimist. You don’t have to look too far for proof of that. I opened the doors to UFT Commercial Finance in June of 2008 and found myself just a few short months later looking down the thro see more
- 01:00 am
Path Solutions was the Gold Sponsor of the Egyptian Collegiate Programming Contest (ECPC), which was held successfully on the 8th & 9th of October at the Arab Academy for Science, Technology and Maritime Transport (AASTMT), Abu Qir Campus in Alexandria, Egypt.
At the 15th ACM-ECPC2016, Path Solutions had two people manning the booth; Principal Software Engineer Ahmed Shawky Ibrahim and Technical Writer Marina Refaat who spoke to top students during the breakout sessions, and had the chance to introduce the company to one of the most problem-solving teams in the competition. They have also met highly talented junior programmers from top universities in Egypt and a promising generation of developers who can be future employees at Path Solutions.
The event was also marked by the presence of Hanaa El Jazzar, Senior Software Engineer at Path Solutions, who helped in the organization of the ECPC2016.
The ACM-ECPC2016 was attended by many important personalities from Egypt, such as Dr. Yousry Al Gamal, former Egyptian Minister of Education, Dr. Ossama Ismail, Dean of the Regional Informatics Center and Director of the ACM Contest in the Middle East, in the presence of 180 Egyptian teams and with more than 100 working staff, organizers and volunteers. Around 25 teams have been qualified for the following regional contest ACM-ACPC2016.
Experts believe that the use of new technologies will change the global economy dramatically over the next decade or two, and the whole world along with it. Of course, programming can be used in many different new technology aspects and fields. Such contests can be a way for IT students to connect with top employers that are otherwise difficult to reach, in a setting that puts them and their skills in the spotlight.
Check out the video that was shown during the closing ceremony of ECPC2016 where Path Solutions has a considerable appearance in it: https://youtu.be/uwI7bIqNKEQ
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- 09:00 am
Kesko and Tieto have signed a significant agreement whereby Tieto will modernize a large part of Kesko’s application and infrastructure services. The aim is to accommodate Kesko’s strategic priorities for growth and efficiency.
The five-year contract has a substantial contract value and is a continuation of the long-term relationship between the companies. The partnership will accelerate the development of new digital services and customer experience, and additionally it is built to secure business continuity and drive cost savings through modernized IT.
The contract covers a wide range of services, including application management of Kesko’s business critical applications, business integration and project services, lifecycle management of SAP applications, end-user services and infrastructure services.
“Tieto was chosen from 20 leading IT services companies. They were able to best accommodate our strategic priorities of growth investments into new technologies and competences, as well as efficiency and quality of continuous services”, says Arto Hiltunen, CIO, Kesko.
“We are very proud to continue building upon our long relationship with Kesko. As their partner for modernizing IT services, I look forward to continuing our common mission to accelerate innovation and business renewal,” says Satu Kiiskinen, Executive Vice President, Industrial and Consumer Services, Tieto.
Related News
- 11.10.2016 -- 01:30 pm
Guenther Peer talks about the latest trends in treasury and cash management and how Reval can help banks to address the issues.
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- 08:00 am
The award winners have been announced! Path Solutions has hit the top spot at the 2016/17 CEO Insight Global Awards, whose results have been unveiled ahead of the prestigious Sustainability Week Conference scheduled from 14-21 January 2017 in Abu Dhabi, winning two highly sought-after awards; The CEO Insight Award for the company’s Group Chairman & CEO Mohammed Kateeb in the ‘Top 10 CEOs in Enterprise Software’ category, and the CEO Insight Sustainability Award for Path Solutions in the ‘Sustainable Islamic Financial Software Solutions Leader’ category.
Established to reward excellence and uniqueness, the CEO Insight best-in-class Global Awards are structured to celebrate organisations winning in sustainability and representing the summit of achievement across a broad range of fields of expertise. The awards also recognize and promote those leaders who have attained the peak of achievement in terms of distinction and market influence, and who have developed and embedded sustainable practices and culture into every facet of their organisation and value chain.
The selection is conducted by an award panel specifically set up for CEO Insight Global Awards. The undisclosed group of judges analyses the nominations, and determines the winner in each category. Shortlisted nominees must receive votes in multiple categories. This year, Mohammed Kateeb joins prominent historical figures selected from various segments such as Jim Goodnight of SAS Software, Eugenio Aringhieri of Italian biopharmaceutical Dompé Group, and Gil Shwed of Checkpoint Software for enterprise network security solutions.
Commenting on the award wins, Kateeb said: “We’re delighted to have won two prestigious awards in two different categories. This double win recognizes our efforts towards deployment of sustainability policies and processes, and demonstrates a successful balance of environmental, economic and social practices throughout our company, thus encouraging best practice in the sector for a more sustainable future”. Kateeb admitted that to gain the trust of an entire business community is one of the most difficult yet rewarding responsibilities of any leader.
Path Solutions continues to hold firm to its plans to remain a pioneer in the Islamic financial services industry. The company has won a succession of awards since the turn of the year. These awards sit proudly alongside GIFA 2016 award for ‘Best Islamic Finance Technology Provider’. As a premier IT provider, Path is capable of playing a sustainable key role in Islamic and interest-free core banking systems.
CEO Insight is a quarterly UK magazine covering a wide range of industries such as foreign investments, tax, regulations, risk management, governance and compliance, insurance, finance and technology.






