Articles with tag: islamic bank

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Bahrain Islamic Bank launches virtual cards for retail customers

News | Mobile Payments | 11 Jan 2021

Bahrain Islamic Bank has launched the BisB virtual cards for retail customers in Bahrain.

Bahrain Islamic Bank, BisB, Bahrain, MENA, virtual cards, mobile payments, transactions, retail

SINNAD offers Islamic banking processing in the Middle East

News | Payments General | 02 Dec 2020

SINNAD has completed the migration of a large Islamic bank in Bahrain to its system, after it went live with its new processing platform built on Compass Plus software.

SINNAD, banking, Islamic bank, Bahrain, Compass Plus, software, card issuance, ATM driving, fraud detection

UnionPay International, Abu Dhabi Islamic Bank partner to enable contactless payments in the UAE

News | Online Payments | 24 Nov 2020

China-based financial services company UnionPay International has partnered with Abu Dhabi Islamic Bank, to enable UnionPay card and contactless payment transactions on the bank's NFC terminals in the UAE.

UnionPay International, Abu Dhabi Islamic Bank, partnership, contactless payments, UAE, NFC, POS, Mobile QuickPass, Apple Pay, Huawei Pay

Pakistan-based Meezan Bank, BPC partner for digital payments

News | Online & Mobile Banking | 27 Oct 2020

Digital PSP BPC has partnered with Meezan Bank to deliver its digital transformation agenda starting with the upgrade of its payment infrastructure. 

Pakistan, Meezan Bank, BPC, digital payments, partnership, SmartVista, platform, issuing, acquiring, Islamic bank, card management

BisB announces strategic partnership with CBB Digital Lab FinHub 973

News | Online & Mobile Banking | 27 Oct 2020

The Bahrain Islamic Bank (BisB) has announced its strategic partnership with FinHub 973: CBB (Central Bank of Bahrain) Digital Lab, the kingdom’s latest open application programming interface (API) innovation platform. 

Bahrain Islamic Bank, FinHub 973, API, fintech, innovation

The Qatar Islamic Bank adds new mobile features

News | Online & Mobile Banking | 26 Oct 2020

The Qatar Islamic Bank (QIB) has announced the introduction of new features to its mobile app, providing a way for customers to update all their information through the app.

Qatar Islamic Bank, QIB, mobile banking, product launch, QIB Mobile App

Emirates NBD transforms its international payments operations with TCS BaNCS

News | Payments General | 14 Sep 2020

Emirates NBD, a Middle East-based financial services group, has successfully deployed a centralised international payments hub for multiple entities, running on TCS BaNCSTM for Payments.

RTGS, NEFT, while in UAE, Emirates NBD, Emirates Islamic Bank, banking, payments, real time payments, TCS BaNCSTM

Central Bank of the Philippines open to Qatar-based funding

News | Online & Mobile Banking | 10 Aug 2020

Bangko Sentral ng Pilipinas (BSP) has announced plans to explore potential investment deals from Qatar for digital banking and fintech projects.

Central Bank of the Philippines, Bangko Sentral ng Pilipinas, BSP, Philippines, Qatar, funding, investment, digital banking, fintech, reserve bank, regulations, digital transactions, banking sector, nonbank financial institutions, digital platforms, Islamic banking, shariah-compliance

Oman Arab Bank and Alizz Islamic to merge

News | Payments General | 18 Jun 2020

Oman Arab Bank (OAB) and Alizz Islamic Bank has signed an agreement for the overall structure of the potential merger between the two banks. 

Oman Arab Bank, Alizz Islamic, banks, banking, Islamic banking, Muscat Securities Market,

Al Kuraimi Islamic Bank selects Temenos to replace its IT systems

News | Online & Mobile Banking | 23 Apr 2020

Yemen-based, Al Kuraimi Islamic Bank (KIB), has selected Temenos Infinity and Temenos Transact to replace its legacy IT systems.

Yemen, bank, Temenos, digital banking, KIB, Temenos Infinity, Temenos Transact, software, API, omnichannel, Islamic Banking, retail

Temenos to accelerate digital transformation for ATIB

News | Online & Mobile Banking | 26 Feb 2020

Assaray Trade and Investment Bank (ATIB) has selected Switzerland-based banking software provider Temenos to enhance its digital transformation. 

Assaray Trade and Investment Bank, Temenos, Libya, Tripoli, online banking, digital banking, bank, banking system, digital transformation, financial technology, Islamic Bank,

Abu Dhabi Islamic Bank makes Samsung Pay available for Visa cardholders

News | Payments General | 01 Oct 2019

Abu Dhabi Islamic Bank (ADIB) has announced the launch of Samsung Pay for its Visa covered cardholders.

Abu Dhabi Islamic Bank, Samsung Pay, mobile wallet

QIB reveals digital onboarding through mobile application

News | Digital Identity, Security & Online Fraud | 24 Jun 2019

Qatar Islamic Bank (QIB) has launched a new digital onboarding process, which allows prospective customers to start a relationship with the Bank.

QIB, launch, digital onboarding, mobile application, Qatar, Qatar Islamic Bank, onboarding, open accounts, digital identification, banks, debit card, identification

Abu Dhabi Islamic Bank signs up as a member of TRADEASSETS

News | E-invoicing, SCF & E-procurement | 31 May 2019

Abu Dhabi Islamic Bank (ADIB) has signed up as a member of TRADEASSETS, a global fintech platform, headquartered in the UAE.

Abu Dhabi Islamic Bank, TRADEASSETS, fintech, trade finance

Finastra to power core retail banking at Al Taif Islamic Bank

News | Payments General | 05 Mar 2019

Al Taif Islamic Bank has chosen Fusion Islamic, Finastra’s core banking solution dedicated to the Islamic market, to kick start its retail business.

Finastra, retail banking, Al Taif Islamic Bank, digital, innovation

New Iraqi bank Al Mustashar goes live with ICSFS core system

News | Payments General | 22 Jan 2019

Al Mustashar Islamic Bank has gone lives with ICS Banks Islamic, the core banking system by ICS Financial Systems (ICSFS).

Banking, retail banking, Al Mustashar Islamic Bank, ICS Financial Systems, ICSFC, Middle East

QIB selects Volante Technologies PSD2 Open Banking solution

News | Payments General | 02 Oct 2018

Volante Technologies has announced that Qatar Islamic Bank UK (QIB) has selected VolPay Channel: Open Banking and Token to implement PSD2 compliance for the bank.

Qatar Islamic Bank, UK, Volante Technologies, Token, PSD2, Open Banking, VolPay Channel: Open Banking, payments processing, data aggregation

Alizz Islamic Bank rolls out e-wallet solution

News | Online & Mobile Banking | 15 Feb 2018

Alizz Islamic Bank has launched ‘Alizz Wallet’ within its existing mobile banking application which enables customers to transfer funds instantly from wallet to wallet.

Alizz Islamic Bank, e-wallet, Oman, mobile banking, Alizz Wallet

Qatar Islamic Bank implements Face ID for mobile app

News | Online & Mobile Banking | 27 Dec 2017

Qatar Islamic Bank (QIB) has integrated facial recognition functionality, Face ID, in its iOS and Android mobile app.

Qatar Islamic Bank, Face ID, mobile banking, Qatar, ATM, PIN

Al Masraf selects Temenos digital banking to upgrade user experience

News | Online & Mobile Banking | 08 Aug 2017

Temenos has announced that Arab Bank for Investment & Foreign Trade (Al Masraf) has selected its UniversalSuite to enable banks to upgrade user experience.

Al Masraf, Temenos, online banking, user experience, bank, UAE, Consumer Banking, Corporate Banking, Islamic Banking, UniversalSuite