Mashreq bank doubles its transactional

Karim Labadi, Head of Global Transaction Services, Mashreq Bank, describes how iGTB empowered them with a robust corporate banking portal that helped double the number of transactional corporate customers using the platform in less than a year.

iGTB’s CBX 18 launches the contextual revolution

The comprehensive digital transaction banking platform understands and anticipates the needs of corporate clients and uses this to recommend optimal actions – an approach dubbed “contextual banking”

iGTB has launched the era of contextual banking with the release of the new corporate banking platform CBX 18. Standing for “Contextual Banking Experience”, the platform not only provides seamless digital execution across the full range of transaction banking actions, but – uniquely – also offers instant and intelligent recommendations as to the best actions available to banking clients.

CBX 18 moves transaction banking into the territory of customer-service champions such as Amazon and Netflix – using information on the client and its context to understand and anticipate their needs. An intelligent algorithm then calculates the optimal action based on their specific situation and preferences. iGTB calls this approach “contextual banking”. In addition to this revolutionary automated-advisory component, CBX 18 is also highly scalable and uses open APIs to enable bank clients to plug in the services of their favourite fintech partners.

Annual Global Transaction Banking Advisory Event, 2017

The 5th Annual GTB Advisory Event was held at 2 stunning locations in Toronto this year. The Cocktail Reception followed by Dinner on Saturday, 14 October, at the Fairmont Royal York was a networking event with the heads of transaction banking, cash management, payments, channels and other elite members of the Global Transaction Banking industry. The keynote address was delivered by Dr Leila Fourie, Chief Executive Officer, APCA.
The business event on Sunday 15 October held at the Art Gallery of Ontario, saw a full house with over 35 senior transaction bankers, corporate treasurers and key thought leaders participating. Kristy Duncan, Founder & CEO, Women in Payments delivered the keynote address.
Stimulating business round table sessions were held on:
• Real time payments: a desirable, feasible but not-viable tax? – or can banks profit by delivering valuable new services?
• Customer digital experience: made irrelevant by APIs? – or an opportunity to add smart routing, analytics and artificial intelligence to the customer’s journeys?
• Corporate liquidity solutions: protecting a golden goose? – or creating new value for clients?
• Supply chain finance: a distraction being seduced by blockchain? – or a real way to make more money for banks?
The event culminated with a private, guided, expert tour of the Art Gallery of Ontario

iGTB Oxford School of Transaction Banking – 2017

The second edition of the iGTB Oxford School of Transaction Banking ran between 26 and 29 April 2017 was a roaring success, Nearly 40 senior transaction bankers from Canada, Germany, Ghana, Indonesia, Japan, Kenya, Kuwait, Malaysia, Qatar, Saudi Arabia, Tanzania, Thailand, UAE, UK and Vietnam participated in this years course.

Founded in 2016, has the aim of “helping senior transaction bankers to run, day-to-day, a successful transaction banking franchise.” It is an intensive course based on Design Thinking featuring a curriculum based on a three-level maturity model and six design levers, exercises where scholars practise using Design Thinking on real case studies, case studies of specific banks presented by the leaders in the banks who executed them, additional speakers covering digital, economics, what CEOs want, marketing

The school takes place in the prestigious Rhodes House, Oxford, finishing at the exclusive Oxford and Cambridge Club in London, and also features a networking and cultural programme including South African jazz, a private tour of Oxford and a private viewing of the Degas and Picasso exhibition.

iGTB Supply Chain and Trade – Better deals for your customers. Better ROE and money making insights

Supply chain finance solutions utilize technology to automate the best financing programs for the various stakeholders within a supply chain, speed up transaction processing and cover the entire cycle from initiation to settlement of invoices. Discover how iGTB can help Banks use these solutions to provide the best financing options to suppliers and buyers to optimize their working capital.

iGTB Commercial risk solution – Credit, Compliance & Operational Risk Management

Banks are moving towards smarter and faster credit appraisal which will ultimately result in a better loan book with lower NPAs. Standardizing origination processes across commercial loans, trade finance, guarantees, supply chain finance and other areas using rule-based and process-based technology will improve operational efficiency and reduce credit risk. iGTB commercial risk suite of products show you how.

Corporate banking on the watch

CBX, the true omni-channel digital enterprise platform (configure-once, run-anywhere) used by businesses and corporations worldwide for the complete spectrum of transaction banking, takes a significant step forward in Release 16, with the popular solution extended to new devices including Apple Watch. CBX, leveraging Canvas Technology to define and design the electronic face of the bank, contains exciting new features including centralised fine-grain bank-grade entitlements, a payments pre-processor (e.g. for tanking future payments), a powerful fees and charges module to allow bundled cash and trade volume discounting, online chat features, and biometric log-in as well as the customary enhancements to user experience.

At a time when banks are placing customer experience at a premium, customers clamour for a joined-up service and see radical improvements in their retail online experience, banks can now make significant inroads into the world of digital banking.

Financial IT interviews Manish Maakan, CEO, iGTB at Sibos 2015

iGTB Digital – Lower Cost, Simpler Operations, Easier Integration

Offering best in class and seamless channel experience will drive higher revenue growth through higher cross selling and up selling

iGTB Cash Management and Liquidity- Expertise where it matters most

How do you stay afloat in the world of payments, cash management and liquidity? iGTB, the true-blue transaction banking expert, has some ideas. And some stunning visuals to go with them.