Vichara Technologies Joins Markit’s Global Alliance Programme

New York, London – The collaboration between Vichara and Markit will allow mutual clients to access Markit’s pricing service within Vichara’s platform. Markit will provide daily pricing feeds for leveraged loans, corporate bonds, CLOs and loan mapping services within the V* CLO framework for seamless and immediate data access to meet the demanding needs of … Read more

Diamond Bank Receives Financial Institution Of The Year Award

The award which was presented by the association during the recent 2013 PETAN Industry Achievement Awards in Lagos was in recognition of Diamond Bank’s support for various indigenous Oil and Gas companies in the country. PETAN is a non-profit organization whose members are Nigerian Oil Service Companies operating in the Upstream and Downstream technical services … Read more

Spiral16 Releases ‘5 Social Media Steps for Financial Industry’ Whitepaper

Social media monitoring and engagement solution Spiral16 has released a free new whitepaper for the financial services industry entitled “Social Media for Financial Institutions in 5 Steps.” Adopting a social media program in the highly regulated financial services industry is a challenge. Such programs can build awareness and trust for financial institutions, but they must … Read more

RAKBANK AMAL Launches Sharia – Compliant Business Finance Solutions

AMAL Business Finance is a new addition to the Bank’s existing portfolio of Islamic Banking products which include current and saving accounts, deposits, personal and auto finance, credit and debit cards, and takaful programs. “Over the years, RAKBANK Business Finance has worked closely with customers to have a strong and consistent presence in the market … Read more

RAKBANK Records AED 1.14 billion in Profit for the First Nine Months of 2013

“RAKBANK’s rise in profit for the first nine months of 2013 from funded and non-funded income streams is a result of the Bank’s prudent underwriting policies and efficient growth strategy,” said Graham Honeybill, RAKBANK Chief Executive Officer. Net interest income plus net income from Islamic finance grew to AED 1.75 billion during the nine months … Read more

Humanitarian Efforts in Oaxaca, Mexico Inspire New Taycor Financial: Project Community Program

Taycor Financial sponsored a humanitarian relief trip to Oaxaca, Mexico in late October to provide health services to those in need while training and mentoring local medical and dental students. Together with dentists, doctors, and other medical professionals, the group ventured on a three-day endeavor that inspired a new program for the equipment leasing and … Read more

NICE Solutions Selected by PT Bank PermataTbk to Improve Customer Experience and Drive Revenue Growth

New Delhi, India – NICE Systems (NASDAQ: NICE) today announced that PT Bank PermataTbk (PermataBank), a private bank in Indonesia, is expanding its implementation of NICE solutions in its contact centers. The bank will use NICE’s Service-to-Sales, Workforce Optimization, and PCI Compliance solutions to help address changing customer and business demands while lowering costs. By … Read more