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BankTech

Major Bahraini banks partner with AFS for 3D Secure Services
02/20/2012
Copying card details, either by writing down the numbers on the card itself or by way of modified terminals or ATMs, does not result in the ability to purchase over the Internet because of the additional password, which is not stored on or written on the

Multi-content bilingual portal for Women launches in the Middle East
02/17/2012
Jawhara is the first bilingual online portal for the Middle East women offering a wealth of exclusive and diverse content – from fashion to finance, weddings to wellbeing, careers to culture, technology to travel – designed to appeal to women

ITS Group Recognized for Innovative, Cutting-Edge Islamic Banking Solutions at OIEF
02/08/2012
The ETHIX suite of financial solutions targets the Islamic banking sector with award-winning technology, a proven track record, and high levels of ROI.

Infosys to strengthen presence in Sultanate
02/07/2012
The partnership is targeting retail, wholesale and universal banks in the region to offer next generation banking solutions.

Bank of Baroda opens 8th e-banking unit
02/02/2012
The bank has an existing tie-up arrangement with Hamiriya Free Zone Authority (HFZA) for promoting and financing the units in Hamiriya Free Zone.

Nib Bank Sides with Temenos for CORE Banking
01/31/2012
The Swiss-based software developer and vendor, Temenos Group AG, appears to be marching undeterred towards dominating the market of the Ethiopian banking industry.

Oman International Bank Selects SunGard's Ambit Treasury Management,
01/31/2012
Ambit Treasury Management will help the bank establish a centralized front-to-back-office treasury operation providing support for multiple asset classes, which will help the bank easily extend services to clients as its business expands.

Bank Audi launches 'Novo' the ultimate new banking experience
01/27/2012
This new customer-oriented channel, the first version of which is set up at City Mall, marks a conclusive milestone in the banking industry across the Middle East and promises radical changes in consumers' practice of banking.

Lebanese banks embrace the digital revolution
01/27/2012
Technology is bringing change to the banking industry in the Arab world. The latest service in banking industry in the Middle East is e-Branches and smartphone applications.

Ithmaar Bank focusing on IT to boost growth
01/24/2012
The Islamic retail-focused bank has adopted a bold new three-year information technology (IT) strategy to ensure its future growth.

Gulf Bank implements new state-of-the-art system
01/16/2012
Gulf Bank's use of SunGard's system will be for five separate risk management streams, namely, Capital Computation under Basel II for credit, market and operational risks, Asset Liability Management (ALM) & Funds Transfer Pricing (FTP), Mark

Financial Advisors To Cash In On New Release Of WealthManager
01/11/2012
Wealth Management firms to benefit from enhanced client reporting and data aggregation

Ithmaar rolls out new sophisticated security feature
01/10/2012
The interactive new security feature was introduced to add an additional level of protection for bank customers, and will help further enhance their online banking experience.

Saudi Fransi Capital Implements Advent Solutions to Support Growth
01/10/2012
Large Brokerage and Investment Management Firm in the Kingdom of Saudi Arabia Relies on Advent to Improve Performance and Client Service

Advent Software will get new CEO in June
01/09/2012
He has been with Advent since 1994

Bank technology trends that will shape the industry in 2012
01/05/2012
With IT budgets finally rebounding, BS&T identifies the eight trends that will shape tech spending in 2012 and determine banks' competitive positions for years to come.

Path Solutions on top for the fourth time in a row
12/29/2011
Path Solutions has announced that it has been selected as ‘Best Islamic Technology Provider of the Year’

Islamic banking calls for technology change
12/26/2011
As the sultanate gears up to roll out Islamic banking early next year, Omani banks are preparing to adopt necessary changes to offer the new service.

Empaxis, Advent to Offer Services in the ME
12/21/2011
Empaxis will provide Advent-certified services across the Middle East and Asia and middle and back office processing and reconciliation services to various clients across the entire EMEA region.

JSE selects Fixnetix as the UK point of presence and network provider
12/16/2011
With the addition of JSE, Fixnetix now offers 79 markets on an ultra-low latency framework to clients wanting trading, market data and risk control services.