Episode Details

UK Firms introduce new Banking Systems at National Bank of Iraq

⁠link⁠ you can look each one of these up and see what they do too

The National Bank of Iraq (NBI) has announced the introduction of three new banking systems.

According to Izzidin Abusalameh, Group Chief Operating Officer of Capital Bank of Jordan (majority shareholder of NBI), trade finance operations will be enhanced with the help of software from UK-based Finastra.

Additionally, both NBI and Capital Bank of Jordan have successfully implemented Transact, a core banking solution from British company Temenos.

Temenos' Payment Hub will also replace the legacy systems at NBI.