ICSFS Participates as an Exhibitor at the DATE FinTech Show in Riyadh, Saudi Arabia
ICSFS Participates as an Exhibitor at the DATE FinTech Show in Riyadh, Saudi Arabia
December, 2023
ICS BANKS® Open Day Summit: Disruption through Agility, A New Banking Era in Iraq
The ICS BANKS® Summit, which was held in partnership with Oracle on May 21, 2023, at the Babylon Rotana Baghdad, brought together key decision-makers, industry experts, and banking professionals from various banks and financial institutions across Iraq; with an aim at highlighting the key transformative features that comes as part of the ICS BANKS® Solution infrastructure
May, 2023
ICSFS Participates at the Second Uzbekistan Economic Forum
Samarkand, Uzbekistan: ICSFS has participated in the Uzbekistan Economic Forum 2022. Hosted by the Uzbekistani Government, with the support of the World Bank and Asian Development Bank (ADB); the forum was held in the historic city of Samarkand on the 2nd and 3rd of November, 2022.
December, 2022
ICSFS at Future Banks Summit ,KSA
Riyadh, KSA: ICS Financial Systems Limited – ICSFS, the global software, and services provider for banks and financial institutions participated as a Networking Sponsor at the 3rd Edition of Future Banks Summit – KSA. ICSFS shared the latest technological innovations of its ICS BANKS Digital Banking software application.
October, 2022
ICS BANKS® Open Summit: Accelerating Digitalisation and Innovation in Iraq
ICSFS presented the latest innovations and products embedded within its latest Digital Banking Platform, in its Iraq User Group Summit on June 2022, held at the prestigious Babylon Rotana Hotel in Baghdad, Iraq.
September, 2022
ICSFS to Sponsor Future Banks Summit – KSA
Riyadh, KSA: ICS Financial Systems Limited – ICSFS, the global software and services provider for banks and financial institutions, to be a Networking Sponsor at the 3rd Edition, Future Banks Summit, held in Riyadh, KSA.
September, 2022
ICSFS Wins Oracle ISV Partner of the Year
ICSFS has received ISV Partner of the Year at Oracle Partner Executive Forum – Levant & Egypt.
March, 2020
The Housing Bank for Trade & Finance, Bahrain completes 2-weeks assessment and training sessions on ICS BANKS® latest features
The one-on-one Session was provided by ICSFS’ AGM – Senior Banking Consultant; Raja Khoury, trainees were from SOFIBANQUE’s Senior Executives, Area Managers, Regional Branch Managers, to Branch Managers, Head of Departments and Supervisors.
January, 2020
SunTrust Bank Nigeria to Revamp its Partnership with ICSFS
SunTrust Bank Nigeria has recently conducted an executive incentivised meeting with ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, to revamp its partnership and roadmap.
January, 2020
ICS Financial Systems Showcases Blockchain Implementation for Financial Services Industry at Oracle Code Explore Amman
ICSFS have participated in Oracle Code Explore Amman, which is the most exciting developer event of the year, held at the center of developer community in the region; Amman, Jordan.
November, 2019
ICSFS’ Islamic Team Participates in AAOIFI’s Intensive Workshop
ICSFS’s Islamic team have participated in The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) workshop, the leading international not-for-profit organisation primarily responsible for development and issuance of standards for the global Islamic finance industry.
November, 2019
Military Credit Fund Completes a 1-week Assessment and Training Programme on ICS BANKS’ latest Products and Features
ICSFS conducted a one-week intensive assessment and training sessions that were held at Military Credit Fund (MCF)’s head offices in Amman, Jordan.
October, 2019
Al Rajhi Bank Jordan Chooses ICSFS to be their Strategic Technology Partner
May, 2022
AL Rajhi Bank Jordan bank initiated its Universal & Digital Banking study and replacement project a couple of years ago, and opted for a fully-fledged Islamic banking platform and a holistic digital banking platform from ICSFS, to elevate financial services offerings to their valued customers. The study covered many international systems that participated in the international tender process.
The First and Only Digital Bank in Iraq to Partner with ICSFS
February, 2022
FIB worked hard to employ an agile methodology, with a focus on high-quality technology delivery and unparalleled professional competency.
CVDB Goes Live on ICS BANKS® Universal Banking Solution from ICSFS
December, 2021
Amman, Jordan: Cities and Villages Development Bank (CVDB), has gone live in a record time of five months, on ICS BANKS® Universal Banking software solution from ICSFS; the global software and services provider for banks and financial institutions.
Nisir Microfinance Institution Goes Live in 70 Days on ICS BANKS
August, 2021
Addis Ababa, Ethiopia: Nisir Microfinance Institution (Nisir MFI), an innovative and growing microfinance institution in Ethiopia, has successfully gone live, in a record time of 70 days, on ICS BANKS from ICSFS…
Cities & Villages Development Bank Selects ICS BANKS Universal Banking Solution from ICSFS
July, 2021
Amman, Jordan: Cities and Villages Development Bank (CVDB), a publicly owned bank that finances Jordanian municipalities for the development of their infrastructure, has selected ICS BANKS Universal Banking software solution…
Trustbank Selects ICS BANKS Islamic from ICSFS
May, 2021
Tashkent, Uzbekistan: Trustbank, one of the leading banks and the first private bank to be providing Islamic banking services in Uzbekistan, has selected ICS BANKS Islamic Banking software solutions from ICSFS…
The Rise of Neobanks – World Finance Speaks to Mr. Robert Hazboun
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.
Do you want to meet the future? World Finance speaks to Mr. Robert Hazboun
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.
Post-Crisis Innovation Fires Islamic Banking Forward
ICS Financial Systems came through the pandemic and supply chain crisis not just in rude health but with reinvigorated energy and ideas.
Adding a competitive edge
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.
ICSFS Celebrates her SheTech Role Model
Recently, one of ICSFS’ Senior Product Managers; Heba Rasheed, has been selected by Intaj as one of their SheTech Role Models.
Digital Transformation of Wealth Management, Who does it really involve?
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.
How AI is Changing Banking
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.
Adapting to a Different World
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.
Ahead of the Curve
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.
ICSFS sets a new standard of scalability and proofs viable solutions with Oracle Exadata
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.
ICSFS Sees Growing Tech Adoption Among Islamic Countries
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.
Digital Banking: The Key to Working with Disruption
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.
Working with Disruption
“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.”
The Benefits of Oracle Blockchain for Payments and Transfers
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.”
Trying to understand blockchain? Here’s a simple explanation
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.
Learn how Software Companies Drive Success On Cloud (eBook)
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
The Inevitable Evolution: Financial Inclusion, Open Banking, and the Cloud
Agile fintech players offering a range of services have built tremendous customer bases, taking business from the traditional banking network.
Using AI to Enhance Customer Experience (PDF)
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.
ICS Financial Systems and Digital Banking Revolution (PDF)
Digital banking, understood as the digitalisation of traditional banking activities through the application of technologies that ensure end-to-end processing of financial transactions…
The Future Direction of Digital Investing (PDF)
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.
Why Banks Must Digitally Transform in 2018 or Risk Fading Away
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.
Middle Eastern Promise
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.
Bankable Software
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
Transformations Through Technology
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.
Hi-Tech Banking
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.
Leading and Preferred Banking Application for the MEA Region
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.
Mega Overhaul Accomplished in Record Time with the Second Largest Bank in Palestine
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.
ICSFS Named Winner of Best Digital Banking & Finance Software Solutions Provider Award
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.
ICSFS Named Best Islamic Banking Solutions Provider for the 4th Consecutive Year
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.
ICSFS Group CEO & MD, Robert Hazboun, Receives his Third Consecutive Lifetime Achievement in Financial Technology Innovation Award from World Finance
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 Goes Live in Record Time on ICS BANKS® Islamic Banking Software Solution from ICSFS
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 opts for ICS BANKS® Islamic Microfinance Solution from ICSFS to launch their operation in Yemen
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.