Members News

European Women Payments Network (EWPN) is pleased to announce that the Managing Partner of Frontiers Global Ms. Heba Attieh is joining them as EWPN Country Ambassador for hashtagJordan.

She will play a very crucial role creating the hashtagEWPNJordan community; opening up connections between hashtagWomen in hashtagFintech & Payments in Jordan and the rest of the world, and also help increase the visibility of women in Jordan and hashtagMiddle East regions. Heba is Managing Partner of Frontiers Global. She is a business passionate; riding the roller coaster of startups with the aim to provide holistic education and upskilling for MENA region professionals in the Payment industry, Cybersecurity and Digital transformation. Heba has 10 years of experience, recently in the payment industry; focused on project management, Agile businesses and managerial support.” https://lnkd.in/dQEMQ9s

https://www.linkedin.com/posts/european-women-payments-network-ewpn-_ewpntribe-jordan-ewpnjordan-activity-6651066576466391040-4qd3

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LONDON – The latest edition of World Finance magazine is out now and has confirmed ICS Financial Systems (ICSFS) as Best Islamic Banking & Finance Technology Provider as part of its Islamic Finance Awards. The Islamic banking sector has been growing rapidly in recent times and it is certainly an area of the market that ICSFS has been supporting through its Shari’a compliant solutions.

One of the products that particularly caught the eye of the World Finance judges was ICS BANKS, a fully integrated banking application developed by ICSFS that enables banks to automate and streamline their services. ICS BANKS comes with a bespoke Islamic service that has helped financial institutions to achieve a competitive edge by offering a comprehensive suite of Islamic banking solutions. In an interview with World Finance, Robert Hazboun, Managing Director of ICSFS, explained why the platform is making such a difference to customers.

“ICS BANKS helps banks stay at the cutting-edge of technology through applications like cloud banking, APIs, open banking and blockchain,” Hazboun explained. “ICS BANKS’ customers can also enjoy a clear flow of information online using the platform’s reporting tools. This enables them to easily understand and analyse their status at any time, which can help inform their decisions regarding mergers and acquisitions. Lastly, ICS BANKS’ innovative technological tools future-proof banks and transform them into pioneers in their industry.”

Although the popularity of Islamic banking has grown significantly in recent times, the products and services available to customers often remain underdeveloped. The work being undertaken by ICSFS demonstrates that this is unlikely to remain the case for much longer.

Al Wifaq International Islamic Bank for Investment and Finance, a newly established bank in Iraq, has selected the most holistic Islamic banking software; ICS BANKS ISLAMIC from ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, to start its Islamic operations in Baghdad, Iraq.

Al Wifaq International Islamic Bank joined many newly established banks in choosing ICSFS as its software technology partner in Iraq. ICSFS has been servicing the MENA banking sector for over 3 decades now, and has always positioned its customers ahead of their market competition.

ICSFS invests in its software suites by utilising modern technology in launching new products, constructing a secured and agile integration, and keeping pace with new standards and regulations worldwide. ICS BANKS ISLAMIC is a modular fully integrated solution designed and developed following the principles of Shari’a in compliance with the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI). ICS BANKS ISLAMIC software suite future-proof banking activities by providing a broad range of features and capabilities with more agility and flexibility, to enrich customers’ journey experience, hence improving the trust and confidentiality between the customer and the bank. ICS BANKS ISLAMIC has always been a pioneer in utilising the latest technology to serve financial institutions. In addition to its embedded Service-Oriented-Architecture (SOA), the system can be deployed on-premises or in the cloud.

ICS Financial Systems (ICSFS), the global software and services provider for banks and financial institutions, and a Gold level member of the OraclePartnerNetwork (OPN), has received ISV Partner of the Year at Oracle Partner Executive Forum – Levant & Egypt.

Oracle Partner Executive Forum – Levant & Egypt was held in Jordan at W Hotel Amman, on December 18, 2019. The forum is an annual exclusive invitation-only event, it highlighted the “Power of Together,” where it focused on innovation and alignment of strategy with Oracle’s partners to drive forces and network among the industry’s best. Oracle partners were recognized for their exceptional contributions and successes in an ever-so-exciting state-of-the-art environment.

ICSFS was recognised by Oracle for:

• Bringing Oracle’s latest innovations to the  industry.
• One of the first ISV partners to certify and list its banking solutions on Oracle Cloud Marketplace for production use to its clients.
• One of the first Oracle ISV partners in the region onboarded onto Oracle Fintech & Open Banking API MarketPlace.
• One of the first to implement applications on Oracle Blockchain Platform in production and closed two deals in 2019.
• Achieving record-breaking and unmatched results of its ICS BANKS software suites high-water mark performance benchmark on Oracle Exadata Cloud at Customer.
• Consistent commitment and innovation by adopting Oracle Cloud’s strategy.
• An early adopter of Oracle Autonomous Transaction Processing (ATP), Oracle Data Safe, Oracle JET, Visual Builder and Oracle 19c to assist banks with their digital transformation journey.

ICSFS Managing Director; Robert Hazboun said: “ICSFS outrivals its peers by high-performance records and innovative technologies offered to its customers. We are honoured to be rocognised by Oracle as their ISV Partner of the year. This embarks another testament to our dedication and commitment to embracing business agility as a primary core driver in our products and services provided to our customers.”

ICSFS has demonstrated an outstanding level of innovation in delivering proven, Oracle-based Financial solutions that solve our joint customers’ most critical business challenges,” said Javier Torres, vice president, Alliances & Channels and ISV, EMEA and APAC, Oracle. “We congratulate ICSFS in achieving the ISV Partner of the Year Award  at the Oracle Partner Executive Forum. This achievement is a testament to their dedication to excellence and to providing customers with Oracle Financial Solutions that drive real business value and results.”

ICSFS invests in its software suites by utilising modern technology in launching new products, constructing a secured and agile integration, and keeping pace with new standards and regulations worldwide. ICS BANKS software suites future-proof banking activities by providing a broad range of features and capabilities with more agility and flexibility, to enrich customers’ journey experience, hence improving the trust and confidentiality between the customer and the bank. ICS BANKS banking and financial solutions have always been a pioneer in utilising the latest technology to serve financial institutions. In addition to its embedded Service-Oriented-Architecture (SOA), the software can be deployed on-premises or in the cloud.