ICSFS’ Digital Banking and Innovation Product Manager; Mr. Ra’ad Malkawi, joined Oracle Impact panel discussion to discuss the importance and benefits of ICS BANKS® Digital Banking platform and how banks will benefit from ICS BANKS® Blockchain Adaptor to overcome the key challenges that they face in terms of security, cost, faster automated transactions and the exclusion of third parties.
ICS Financial Systems (ICSFS) will be exhibiting at Dot Finance Africa, which is an influential event focused on financial technology innovation in sub-Saharan Africa, and will be held at the Visa Oshwal Centre, from 4th May till 5th May, 2016.
ICSFS will be exhibiting and participating at the International Islamic Banking Summit Africa Djibouti 2015, which will be held at the Djibouti Palace Kempinski Hotel, Nakheel Ballroom from 4th November till 5th November, 2015.
ICSFS showcased its multiple award winning Islamic banking software, ICS BANKS ISLAMIC, at the International Islamic Banking Summit Africa 2015, which was held at the Djibouti Palace Kempinski Hotel, Nakheel Ballroom from 4th November till 5th November, 2015.
Oracle and ICSFS jointly conducted a one day seminar titled ‘’Empowering the Financial Sector in Kenya ‘’to introduce the latest technology and innovation for the banking and financial industry.
ICSFS received high recognition of innovation while showcasing its complete suite of Islamic banking software offerings from ICS BANKS ISLAMIC at the International Forum on Islamic Finance – IFIF 2014
PBZ recommends ICSFS as a technology partner to any bank or financial institution looking to future-proof their banking technologies.
The People’s Bank of Zanzibar will now enjoy banking on our modern banking technology platform, ICS BANKS ISLAMIC and ICS BANKS universal software suites, to empower its banking services with a broad range of features and capabilities with more agility and flexibility.
ICS BANKS® software suites future-proof banking activities by providing a broad range of features and capabilities with more agility, to enrich customers’ journey experience, hence improving the trust and confidentiality between the customer and the bank.
ICSFS is pleased to announce that its awards wining flagship solution, ICS BANKS® has been awarded “Banking Software of the Year” and ICS BANKS® ISLAMIC has been awarded “Islamic Banking Application of the Year” at the BoICT Award 2015 that was held in Lagos.
Global Banking and Finance Review, one of the worlds’ leading global banking and finance publication has announced ICSFS, the global software and services provider for banks and financial institutions, as the “Best Islamic Software Provider in MENA for 2015”.
World Finance, The Voice of the Financial Market, once again taps Mr. Robert Hazboun, CEO and Managing Director of ICSFS, for his great insights on the state of banking technology today, focusing on the rise of digital-only banks (or Neobanks) and what that entails for the banking industry and traditional banking providers.
Whatever their religious background banking consumers want speed, efficiency and privacy. In other words, a smarter banking experience. The scope of fintech is widening as is the market for its own services and products. It’s getting competitive, but credible transactions need to be handled with much care. So how does Shari’a compliance work in this space now? Who are the main beneficiaries – and when will they see the benefits for real? World Finance gets startling, innovative responses from company managing director Robert Hazboun in an exclusive interview on the cutting edge direction and speed of Islamic Finance in 2023 and beyond.
ICS Financial Systems came through the pandemic and supply chain crisis not just in rude health but with reinvigorated energy and ideas.
ICS Financial Systems is recognised worldwide for its digital innovation and its Shariah-compliant software is extending both its customer and client base. Highly agile and equipped to manage complex regulations, the software suite is breaking new ground in a pandemic-remodelled world.
Recently, one of ICSFS’ Senior Product Managers; Heba Rasheed, has been selected by Intaj as one of their SheTech Role Models.
Digital transformation is underway in wealth management, as it is elsewhere. Clients demand instant gratification. Digital transformation is changing the customers’ expectations. It is also making it easier for banks to meet – and beat – those expectations.
ICS Financial Systems (ICSFS), is a leading provider of modular, core banking systems. Robin Amlôt discusses how banks should come to grips with artificial intelligence (AI) with the company’s Managing Director, Robert Hazboun.
The wealth management industry has had to rapidly evolve as customers demand the latest digital solutions. The challenges this presents must be overcome if firms want to future-proof their businesses.
With consumers shifting to online banking, the strength and agility of a bank’s digital systems has never been more important. Through its innovative solutions, ICS Financial Systems equips banks for the digital age.
Running ICS BANKS from ICSFS on Oracle hardware is packaged as one complete solution with best-of-breed technologies, to provide banking solutions that address today’s industry challenges and demands in the most cost-effective way, while offering the agility to respond to the business and technology opportunities of tomorrow.
Tech is disrupting the conventional banking sector from back office core banking to customer-facing processes. Islamic banking is no different. Wael Malkawi, executive director at ICS Financial Systems (ICSFS), spoke with IBS Intelligence about how technology has disrupted Islamic banks in recent years.
Banks have been chasing digital transformation ever since the creation of FinTech, when tech giants started imposing changes and creating new platforms for doing business.
“Our digital banking platform is embedded in the DNA of our universal banking applications (ICS BANKS and ICS BANKS ISLAMIC). Therefore, agility is seamlessly reflected in all the universal banking applications’ products across all touchpoints, without the need for complexity or interfaces.”
As financial institutions look to enhance their customers’ online banking experience, a number of them are looking are blockchain technology as a way to accelerate the payment process and cross-border transfers. IDC forecasts that “applications surrounding complex, multi-party transactions or intermediaries demonstrate the largest benefits of implementing a blockchain solution.”
During Oracle OpenWorld 2018, Ghassan Sarsak, Chief Technology & Innovation Officer, ICS Financial Systems Limited took to the stage to discuss blockchain in the banking industry.
IDC conducted interviews with ICSFS’ Executive Director; Mr. Wael Malkawi and Chief Technology & Innovation Officer; Mr. Ghassan I. Sarsak discussing ICSFS’ cloud journey experience in their latest eBook: Cloud Partner Success Guide 2018
Agile fintech players offering a range of services have built tremendous customer bases, taking business from the traditional banking network.
Artificial Intelligence (AI) has already become an everyday part of our lives. We use it at work and at home – often without even realizing it.
Digital banking, understood as the digitalisation of traditional banking activities through the application of technologies that ensure end-to-end processing of financial transactions…
Currently, the implementation of mission-critical applications and cloud-based platforms to improve financial systems is fundamental for delivering fast, secure and efficient services in real time and offering better customer service with a direct connection to clients.
Wasting time means losing money. That is what digital era businesses cannot bear, and very soon the speed of traditional bankers and banking methods will be comparable to a steam train being placed next to a modern Transrapid i.e. the banking technology of the future.
The Islamic (interest-free) model has encouraged innovation, both in terms of product offerings and business support. In a break from convention, Islamic banks aim to function as true financial partners for their clients, as opposed to taking on the old-fashioned role of bank as lender.
ICSFS provides business and technology solutions for financial institutions across the world. The Company’s success can be attributed to its turnkey offerings, including ICS BANKS and ICS BANKS ISLAMIC universal banking and financial software
Nowadays, banks must yield their highest return on investment by transforming their business through implementing and investing in innovative technology solutions that will drive productivity, lower their costs and risks, and deliver user centricity – for customers and employees.
World Finance recently spoke to Wael Malkawi, Executive Director of Business Development for ICSFS, provider of ‘ICS BANKS’ financial solutions that has over three decades of experience helping financial institutions manage their digital operations.
ICSFS Managing Director Robert Hazboun spoke to Venture about his company’s operations in Jordan’s financial sector, which is easly now one of the cornerstones of the Kingdom’s economy.
The National Bank (TNB), the second largest bank in Palestine in terms of capital and one of its most trusted providers for individual and corporate financial services; has successfully gone-live – In record time of only 8 months – on the award-winning ICS BANKS® future-proof banking solution from ICS Financial Systems Ltd. (ICSFS), the global software and services provider for banks and financial institutions.
ICS Financial Systems Ltd, a leading provider of cutting-edge banking and financial software solutions, is thrilled to announce being named the recipient of the “Best Digital Banking & Finance Software Solutions Award” for the year 2023 by World Finance. This recognition highlights ICSFS’ unyielding efforts to delivering innovative and transformative software solutions that drive growth and efficiency for Banks and Financial Institutions around the globe.
For the fourth consecutive year, ICS Financial Systems Ltd. has been recognized by World Finance as the Best Islamic Banking Solutions Provider. This prestigious accolade and the consistent recognition by World Finance Magazine is a testament to the company’s steadfast commitment to excellence. For over two decades, ICS BANKS® Islamic Banking Solution has been setting the industry standard with its comprehensive Sharia’ compliance, scalability, integration capabilities, and flexible deployment options. As the global Islamic banking sector continues to grow, ICSFS remains at the forefront, empowering financial institutions to thrive in a rapidly evolving landscape while ensuring the delivery of exceptional services.
Robert Hazboun, Group CEO and Managing Director of ICSFS, has been endowed with the prestigious Lifetime Achievement in Financial Technology Innovation award for the third time in a row. The accolade that was presented to him by World Finance, the voice of the Financial Market, celebrates his exceptional contributions and groundbreaking innovations in the field of banking technology.
Al-Busairi Bank for Microfinance was registered and granted a bank licence by the Central Bank of Yemen. The bank will be delivering comprehensive Shari’a-compliant microfinancing products and services to the Yemeni market, and will be implementing ICS BANKS® Islamic Core, Financing Facilities & Risk Groups, Remittances, ICS BANKS® Digital, in addition to a wide range of Islamic banking products.
Alinma Bank for Islamic Microfinance – a privately owned Microfinance Bank recently established in Aden, Yemen, and one of the very first banks to obtain the necessary licensing from the Central Bank of Yemen to conduct Islamic Microfinance activities in the republic; has selected ICS BANKS® Islamic Solution from ICS Financial Systems – ICSFS, the global software and services provider for banks and financial institutions.