Resources

How easy is it for a consumer to open a bank account in the United States? In some cases, not easy at all. U.S. banks are often making the online customer onboarding process unnecessarily complicated. Key opportunities to improve security and the user experience are being missed. iProov researchers created online accounts with 20 of the largest... read more

Introducing ReconArt to a prospective client for the first time is always an exciting experience. No matter whether we are talking to a multi-billion dollar bank considering hundreds of users to accommodate highly complex processes, or a startup looking for a couple of users to handle a time-consuming account reconciliation, we gear up for our... read more

"One of the major benefits the bank is experiencing since the go-live is the improved performance of the platform. Post-upgrade, specific tasks that earlier use to take a couple of hours to conclude, such as the month-end process can now be completed in less than an hour", said Bright Karuwe, Head, NIB Technology. The new iMAL version enables... read more

FundCount's integrated portfolio and partnership accounting software supports the different reporting requirements of Beacon Fund Services' onshore and offshore entities. The software handles the full range of security types and offers a fully integrated real-time general ledger that ensures accurate, consolidated information for analysis and... read more

Financial Times Article that describes how "two-thirds of the pension funds recently surveyed in North America and Europe turn a blind eye to the true cost of currency trades, without probing for a more detailed breakdown of costs.” read more

There is something of a change afoot. We are on a wave that has many businesses looking to reinvest in their systems and processes. This interest is especially true in relation to financial control solutions software. The drivers are varied, but generally the lack of investment has also created a lack of capability within the organization for... read more

"The key benefits achieved from the implementation of iMAL*BI are the ability to utilise analysis techniques, ratios, formulas, and computation procedures to monitor online real-time profitability and our bank’s performance", said Mohamed Aburaid, IT Manager, Al Baraka Bank Sudan. Path Solutions’ iMAL*BI solution – part of the new Path... read more

There are always multiple platforms and processing systems– both internal and external – involved in the processing of payments: an internal ERP or core order entry system, a merchant gateway, files being passed form the merchant to the bank, and, of course, from the bank back to the general ledger - lots of possible failure points. A... read more

Our latest newsletter is out now, packed with all our recent news and updates. Don't miss it! Some quick reads: - KIMS Microfinance deploys new microfinance solution on Amazon cloud - Al Baraka Bank Sudan transforms into an intelligent bank with iMAL*BI - Sterling Bank successfully completes iMAL Islamic core banking platform upgrade -... read more