New digital bank JB to launch in Saudi Arabia
The new venture is described as a “digital leasing and lending platform”.
leasing
Oracle Flexcube core banking system gains new takers
The banking tech vendor also signed licence fees of $27.5 million in the latest quarter.
Al Kawthar Leasing Company opts for ICS Banks system
The ICS Banks Finance Leasing Solution is provided by regional banking tech vendor ICSFS.
LeasePlan in enterprise-wide tech overhaul with SAP and HCL
LeasePlan, one of the world’s largest fleet management specialists, is undertaking an enterprise-wide technology overhaul with SAP.
Al Etihad Leasing Company completes tech project with ICSFS
Al Etihad Leasing Company, a new venture launched by Jordan-based Bank Al Etihad, has completed its technology set-up. It has implemented ICS Banks Finance Lease System from regional vendor ICS Financial Systems (ICSFS).
BMW Financial Services in major tech overhaul with Sword Apak
BMW Group Financial Services (BMW FS) has selected UK-based fintech vendor Sword Apak to support the planned harmonisation of its European core operating systems. Called the Ideal Programme (integrated delivery of a European application landscape), it was launched in November 2016. It is designed to integrate three key modules: commercial finance, dealer front-end and the […]
Idea Bank launches “pay as you drive” car loan in Poland
Idea Bank in Poland has launched “the world’s first pay-as-you-drive” car loan model – Happy Miles – with the payments calculated according to the travelled distance. A GPS device installed in the vehicle automatically sends the information about the distance covered to the lender.
Nissan Motor automates floorplanning with Sword Apak’s WFS
Nissan Motor Acceptance Corporation (NMAC) will install a new leasing solution, Wholesale Floorplan Finance System (WFS), supplied by specialist vendor Sword Apak. It will be delivered on a Software-as-a-Service (SaaS) basis. NMAC was looking for a new solution “that would provide an outstanding level of service to dealers”, says Sword Apak. The company is also […]
