Morocco’s CFG Bank in digital banking revamp with Kony DBX
CFG’s strategy is built on “simplicity, transparency and sustainable customer relationships”.
Morocco
New bank in Morocco opts for Path Solutions’ iMAL core banking system
Start-up Islamic bank Bank Al-Tamweel Wa Al-Inma (BTI Bank) implements new front-to-back office tech.
Morocco’s Attijariwafa Bank chooses Path Solutions’ core system
Bank Assafa (subsidiary of Attijariwafa Bank Group) is Path’s third client in the country.
ITS gains first core banking system deal in Morocco
Morocco-based Al Akhdar Bank, a joint venture of Crédit Agricole and Islamic Corporation for the Development of the Private Sector (ICD), has signed for a new core banking solution, Ethix, supplied by International Turnkey Systems (ITS).
Dar Al-Amane live with ITS Ethix core banking system
Dar Al-Amane, a participative finance window of Société Générale Maroc, is live with a new core banking system, Ethix, from International Turnkey Systems (ITS).
Path Solutions scores first core banking system deal in Morocco
Crédit du Maroc (CDM), a Morocco-based subsidiary of the Crédit Agricole group, has signed for Path Solutions’ iMAL core banking system to support its newly launched participative banking window.
The Monday mindset: 10 April 2017
Fintech zeitgeist! Every Monday, we might look back at last week; look ahead to this week; share a few thoughts (our own or others); or discuss anything that catches our eye. This week, Banking Technology’s deputy editor Antony Peyton briefly reflects on last week’s visit to Morocco for HPS Worldwide’s PowerCARD Users Meeting 2017. At […]
HPS Worldwide’s PowerCARD 2017: no fintech firm is an island
Morocco-based payments firm HPS Worldwide is setting its sights on growth through the use of APIs and extensive collaboration with start-ups. At its PowerCARD Users Meeting 2017, held 5-7 April, in the lively city of Marrakesh – about 400 people from over 50 countries listened to presentations from the company and its partners. The message […]
Casablanca joins London Stock Exchange ELITE program
The London Stock Exchange Group has signed an agreement with Casablanca Stock Exchange to support the launch of LSEG’s business development programme, ELITE, in Morocco.
Banks face payments factory dilemma or disintermediation
As the payments industry adjusts to the gradual demise of interchange fees, banks will face declining profits. That means data will have to be used more effectively to squeeze out the remaining opportunities. But it also means they face a dilemma between building their own services and outsourcing.
Payments revolution? Forget Apple – watch Africa
As the global payments industry transforms itself to take advantage of new technologies, some services offer the prospect of real change, but others are simply hype. Telling the difference will be the key to success in the next five years …
Hollywood Sharia Law controversy rekindles Islamic finance debate
Controversy over Sharia Law reached Hollywood recently as protesters boycotted the glamorous Beverly Hills Hotel over a tough new code introduced by the hotel’s owner, the Sheikh of Brunei. More prosaically, bankers remain divided over how best to respond to demand for Sharia-compliant banking.
The death of the branch? Or is mobile over-hyped?
Do banks still need branches, or does the smartphone make a physical presence obsolete? Panellists disagreed during a spirited debate hosted by ATM maker Wincor Nixdorf in Istanbul last week.
Casablanca Finance installs Avaloq banking system
Moroccan investment bank Casablanca Finance Group has installed a new banking system from Swiss technology company Avaloq, as the Moroccan financial services industry spreads its wings across Africa.
