Al Mustashar Islamic Bank, a newly established bank in Iraq, has started operating on the ICS Financial Systems (ICSFS)-provided Islamic banking software. ICSFS completed the …
SocGen deploys Finastra’s ALM and FTP solutions
French banking group Societe Generale has gone live with Finastra’s Fusion Risk Asset and Liability Management (ALM) and Fund Transfer Pricing (FTP) solutions. The new …
HSBC Bank taps Avant to launch digital lending platform in US
HSBC Bank USA, a unit of HSBC Group, has selected online lender Avant’s Amount platform to provide unsecured loans to customers. In a bid to …
Bank of Beirut taps Wolters Kluwer to manage IFRS 9 requirements
Lebanon-based Bank of Beirut has deployed Wolters Kluwer’s OneSumX platform to achieve International Financial Reporting Standard (IFRS) 9 compliance. The IFRS accounting standard, which came …
Goldman Sachs to roll out digital retail bank Marcus in UK
Goldman Sachs is set to launch its digital retail bank Marcus to customers in the UK in the coming weeks. The bank has opened the …