iGTBIntellect Global Transaction Banking (Polaris Financial Technologies, Ltd.)
iGTBIntegrated Governor Throttle Body
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Felix Mayr, head of Transaction Banking, Raiffeisenlandesbank Niederosterreich-Wien AG, said, 'Going live with iGTB's Digital Trade Finance platform is an important step for our customers and our bank.
iGTB is the transaction banking and technology specialist from Intellect Design Arena Limited, the fastest growing B2B Fintech product company with CAGR of 21% over three years.
Jeff Siekman, Senior Vice President and Director of Payment Products for Fifth Third says, "We believe this collaboration with iGTB on future digital projects will help us deepen our relationship with existing customers and acquire new ones.
iGTB said the solution was developed for, and has been adopted by, banks across the spectrum from small to regional to global, and in turn used by their business customers big and small.
The iGTB Middle East Client Advisory Event brought together 68 elite industry thought leaders for a conference on "The decade of Transaction Banking: What share of this half a trillion dollar market will Middle Eastern Banks catch?" The survey of 18 Middle East banks, which took place during the Advisory Panel in Dubai, revealed that 93% of the survey's 48 participants -- senior-level bankers from across the region -- believe Middle East banks will catch a larger portion of the global transaction banking market (worth US$509 bln) by 2025, with 62% anticipating growth of 25% or greater, and 34% expecting the region's share to increase by at least 50%.
The Celent report identifies that "with the multi-country and multi-currency-enabled iGTB solution, Mashreq can now offer new products such as liquidity and trade via a unified portal.
David will be based out of iGTB's headquarters in London and will spearhead the strategic development of the roadmap to address market needs, rapidly changing as a result of digitalisation.
Manish Mkan, CEO, iGTB, Polaris Financial Technology, said, "With Canvas Technology, CIOs can now focus on creating value added services without having to worry about multiple point solutions for various channels.
The bank said that it has selected solutions from iGTB to digitally transform its transaction-banking business.
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Polaris Financial Technology Limited launched iGTB, the world's first complete global transaction banking platform at Sibos, Dubai.
Global Banking News-January 8, 2019--Qatar National Bank to implement iGTB solution