Albaraka Banking Group has signed an agreement to use Misys Equation (Islamic) to streamline operations, improve the retail and Islamic banking services it provides its customers, and enable the bank to expand into new territories. The solution from Misys will be implemented in three of ABG’s subsidiary headquarters in Bahrain over the next 12 months and in Beirut and Durban thereafter, rolling it out at the same time across the three countries’ branch networks. The bank hopes that Misys Equation (Islamic) will help it cope with the increasing demand of its customers for products and services that strictly conform to Shari’a principles. Misys’s trade services solution, Misys Trade Innovation, and the company’s IFM Internet banking solution was also licensed as part of the deal.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more