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Banking & Finance

Gartner says digital banking demands new technologies and vendors

Banks face intense pressure to increase efficiencies and reduce costs while delivering next-generation digital services; however, incumbent application vendors have been slow to respond to new requirements, according to a new report from Gartner. Gartner predicts that by the end of 2019, 25% of retail banks will use start-up providers to replace legacy online and […]

Oman Arab Bank chooses SmartVista to boost its card business

BPC Banking Technologies has announced that Oman Arab Bank (OAB) has selected SmartVista suite to enhance its payment business. SmartVista is to replace the existing legacy ACI Open2 platform to enable the bank to meet its objective of having a modern and flexible platform to continue to adapt to the changing retail banking market. Following […]

Insight from DarkMatter on how to deal quickly with the SWIFT threat

A recent attack against the SWIFT international financial transaction system has focused attention on the potential cascading threat of an interconnected yet not fully integrated system.

RAKBANK chooses Gemalto to support contactless EMV payments in the UAE

Gemalto has been chosen by RAKBANK to support its migration to contactless EMV payments to benefit from this system’s speed, convenience and security. Gemalto is supplying RAKBANK with its dual interface cards, which will be personalised by the Bank using the already implemented Gemalto Dexxis issuance system. RAKBANK is initially deploying the cards for the […]

Middle East banks hit by wave of targeted attacks

FireEye has recently revealed a wave of cyberattacks against banks in the Middle East. FireEye’s Dynamic Threat Intelligence (DTI) identified emails containing malicious attachments being sent to multiple banks in the region. The threat actors appear to be performing initial reconnaissance against would-be targets and were detected since they were using unique scripts not commonly […]

OMA Emirates affirms participation at Cards & Payments Middle East ‘16

OMA Emirates has announced its participation at Cards & Payments Middle East 2016 on May 31 – June 1 at Dubai International Convention and Exhibition Centre. The company will focus on its new market place solution ‘Bazaar’ and has developed the OMA Retail Suite solution which is a technology platform that lays the foundation for […]

Misys launches ‘FinCloud’ for financial services industry

Misys has announced it is launching Misys FinCloud, a new range of cloud solutions and global cloud environment offering Misys clients added security in cloud operations in the financial services industry. Misys FinCloud solutions clients gain faster access to innovation through shorter and more predictable on-boarding and updates. They can consume Misys solutions rather than […]

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