Saturday, November 23, 2024
3.2 C
New York

CIH Bank: Goes live on Finastra corporate banking solutions

  • According to Finastra the bank aims to digitise its end-to-end corporate banking services
  • It claims the new platforms will automate CIH Bank’s trade and supply chain services
  • Founded in 1920 CIH Bank initially focuses on finance real estate, before adding products for retail and corporate banking
  • The lender has a balance sheet of around $8 billion. It reported a net income of $46 million in 2019
  • By digitalising corporate services making sure that these customers are receiving the best service possible
  • CIH Bank worked with the Finastra Services team to remotely implement the software using the vendor’s Fusion Adopt programme

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

Beacon Launches Digital Wallet for Immigrants Moving to Canada

Toronto-based fintech Beacon is set to launch Beacon Money,...

Minu Secures $30M Series B to Expand Wellness Platform in Mexico

Minu, a Mexican employee wellness platform, raised $30...

Tanner Servicios Financieros Secures $40M IFC Investment to Drive Expansion

Chilean financial institution Tanner Servicios Financieros has secured...

Cardstream Appoints Gurinder Sumra as CFO to Drive Growth

UK-based paytech Cardstream has named Gurinder Sumra as...

SEB Taps Thought Machine’s Vault Core for New BaaS Platform

Swedish corporate bank SEB has partnered with UK-based...

MHBS Partners with Doshi to Launch Gamified Financial Literacy App

Market Harborough Building Society (MHBS) has teamed up...

Robinhood Acquires TradePMR to Expand Wealth Management Services

Robinhood has acquired TradePMR, a custodial and portfolio...

Navro Expands Global Reach with Canadian FMSB Registration

Canadian Approval: Navro, formerly Paytrix, has secured a...

Related Articles

Popular Categories

spot_imgspot_img