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