Austria’s Raiffeisen revamps trade finance tech with Intellect

First mobile credit card comes to Austria

Five Austrian Raiffeisen regional banks and Raiffeisen Bank International will implement Intellect Design Arena’s digital trade finance platform as the group looks to standardise its operations. Raiffeisenlandesbank Niederösterreich-Wien, Raiffeisen-Landesbank Steiermark, Raiffeisenlandesbank Oberösterreich, Raiffeisen-Landesbank Tirol and Raiffeisenlandesbank Vorarlberg Waren- und Revisionsverband regristrierte Genossenschaft mit beschränkter Haftung and Raiffeisen Bank International (RBI, a large banking group in […]

CIBC completes phase one of transaction banking tech revamp

Bingo Cards and Chips

Intellect iGTB, the global transaction banking software business of Intellect Design Arena, has implemented its products at CIBC. The project is part of a multi-stage transaction banking and payments tech overhaul at the Canadian banking group.

Real-time payments: the next frontier

Jan Gonnissen is senior vice president, payments with iGTB-Intellect in London, part of the Polaris Group, which is exhibiting on stand #115 at Nacha Payments 2015

Customer driven innovation is powering change in the payments industry. Real-time Payment infrastructures (RTP) – whether they are called Faster Payments, Immediate Payments or same-day clearing – are now a reality, with many countries having implemented RTP functionality, and others actively considering the imminent roll-out of RTP projects in their domestic market.

Innovative technology key to transaction banking growth in Middle East


Adoption of innovative technology will be central to the fulfilment of bullish growth predictions of 25% or more for transaction banks in the Middle East, according to a survey of market participants during a recent conference in Dubai.

Mashreq Bank: growing customer satisfaction


Karim Labadi, head of Global Transaction Services at Mashreq Bank, describes how it worked with iGBT to develop a robust corporate banking portal that helped it double its customer base in less than a year.