Business Wire

INVESTBANK to Launch Next-Generation Credit Card for Jordan Powered by i2c’s Global Processing Platform

Share

i2c Inc., a leading provider of digital payment and banking technology, today announced a partnership with INVESTBANK, a leading bank in providing innovative financial solutions in Jordan. i2c’s plug-and-play platform will power credit issuing and acquiring capabilities for the bank.

As a result of this collaboration, INVESTBANK will be able to offer modern credit card programs to their portfolio of personal banking clients, as well as manage credit card programs for their commercial clients throughout the region. The feature-rich solution will provide end users access to digital account management, virtual cards, contactless payments, and loyalty programs – among other capabilities to serve modern consumer needs. The bank will also be launching a smart, cloud-based POS acquiring program for their business clients, enabled by i2c.

“We are excited to partner with INVESTBANK and support their commitment to delivering modern banking experiences to their clients,” said Aurangzaib Khan, General Manager MEA region, i2c. “Initiatives like theirs are pioneering the digital-first revolution in the Middle East and are a great example of the types of innovations that are possible through fintech collaboration.”

“By partnering with i2c we are able to offer disruptive features to meet our clients’ modern-day needs, through a next-gen platform that is flexible enough for us to continue prioritizing our world-renowned personalized approach to banking,” said Muntaser Dawwas, CEO of INVESTBANK – Jordan. “Additionally, i2c’s flexible tech stack offers us a reliable foundation to provide safe and high-performance payments products to a market that is ready for these innovations.”

“i2c proudly partners with FIs worldwide to provide best-in-class solutions and infrastructure that equip teams with the power to innovate, along with the reliability and stability that regulated institutions demand,” said Amir Wain, CEO of i2c. “We look forward to bringing twenty years of this global experience to INVESTBANK in order to enable innovative and flexible payments programs for their clients.”

INVESTBANK has grown 700 times since its inception as a commercial bank and aims to support their continued growth through modern payments products.

About INVESTBANK – Jordan

INVESTBANK was founded in 1982 and offers integrated banking services in Jordan, employing more than 400 people across twelve branches in major cities across Jordan. INVESTBANK meets the needs of its clients through: banking services for small, medium, and large companies, as well as individuals, wealth management, and investments. Subsidiaries of INVESTBANK include AL IMDAD, AL MAWARED for Brokerage, TAMKEEN for Financial Leasing, AL TAS-HEELAT for SMEs, Consumer and Islamic Finance, BINDAR Trading and Investment for Islamic Finance, and TAKHSEEM for Factoring Services.

For more information, please visit: www.investbank.jo, or contact: 06 500 1515.
Facebook: https://www.facebook.com/INVESTBANKJO
Instagram: http://instagram.com/investbankjo
Twitter: https://twitter.com/InvestbankJo

About i2c Inc.

i2c is a global provider of highly-configurable payment and banking solutions. Using i2c's proprietary "building block" technology, clients can easily create and manage a comprehensive set of solutions for credit, debit, prepaid, lending and more, quickly and cost-effectively. i2c delivers unparalleled flexibility, agility, security and reliability from a single global SaaS platform. Founded in 2001, and headquartered in Silicon Valley, i2c's next-generation technology supports millions of users in more than 200 countries/ territories and across all time zones. For more information, visit www.i2cinc.com and follow us at @i2cinc.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Heather Clifton
Chief Marketing Officer
media@i2cinc.com

About Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Digital Health Leaders Meet at HIMSS24 Europe to Deliver Solutions to Tomorrow’s Healthcare Challenges24.4.2024 09:03:00 CEST | Press release

To address Europe’s most pressing healthcare challenges, Europe's longest-running, most influential digital health conference returns in 2024, bringing together innovators to shape tomorrow’s healthcare. The HIMSS24 European Health Conference & Exhibition will occur from 29-31 May at the Centro Congressi Roma La Nuvola in Rome, Italy. The conference will be the epicenter for pan-European collaborations and innovation, featuring thought leaders and healthcare professionals working together to create the best technology solutions across the digital health landscape. HIMSS24 Europe will feature programming focused on major global health challenges. Experts will lead discussions on how Europe uses data analytics, artificial intelligence, cybersecurity, and other cutting-edge technologies to address universal issues like health equity, patient privacy, access to care, workforce burnout, staffing shortages, and climate change. Registration is open for HIMSS24 Europe, and interested journalis

Kalray Joins Arm Total Design, Extending Collaboration With Arm on Accelerated AI Processing24.4.2024 09:01:00 CEST | Press release

Kalray (Euronext Growth Paris: ALKAL), a leading provider of hardware and software solutions to accelerate data intensive workflows from Cloud to Edge, announced that it has extended its collaboration with Arm by joining Arm Total Design. Through a deeper connection to industry leaders who are leveraging Arm® Neoverse™ Compute Subsystems (CSS), Kalray can help more companies integrate its unique AI and data acceleration technology and help Arm ecosystem partners commercialize AI-based solutions in a fraction of the time and cost usually needed. Arm Total Design helps accelerate and simplify the delivery of custom silicon based on Arm Neoverse CSS and has grown to more than 20 partners, including the top three leading foundries, ASIC design houses, IP vendors, EDA tool providers, and firmware developers who are driving leading-edge innovation. Kalray is already working to integrate Arm Coherent Mesh Network (CMN) technology to help easily connect Kalray’s advanced AI and data processing

Suzano Ventures invests up to US$5 million into Bioform Technologies to further develop bio-based plastic alternatives24.4.2024 09:01:00 CEST | Press release

Suzano Ventures, the corporate venture capital arm of Suzano, the world’s largest market pulp producer, has made a strategic investment into the Canadian materials science startup, Bioform Technologies. The investment provides up to US$5 million towards the company’s seed round, enabling it to accelerate the development of its novel bio-based plastic alternatives. The products can be manufactured through modified industrial processes already used in the pulp and paper sector. Bioform’s proprietary technology rapidly produces wood pulp-reinforced hydrogels to create high-performance plastic alternatives, which can be made using Suzano’s wood pulp fibre as a key input. Bioform’s materials have the potential to be home compostable or recycled through existing paper recycling processes and do not require fossil-based inputs. The technology is highly versatile and has a number of applications where it could replace conventional single-use plastics, including paper recyclable thermoformable

SES’s O3b mPOWER System Starts Providing High-performance Connectivity Services24.4.2024 08:50:00 CEST | Press release

SES announced today that O3b mPOWER, its second-generation software-enabled satellite system, is now operational and can provide high-performance connectivity services around the globe. With the first six O3b mPOWER satellites operating at medium Earth orbit (MEO) or 8,000km away from the Earth and with extensive ground infrastructure built around the world, SES will be introducing services in the coming months to O3b mPOWER customers to deliver reliable connectivity services ranging from tens of Mbps to multiple gigabits per second. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240423122963/en/ SES’s O3b mPOWER System Starts Providing High-performance Connectivity Services (Photo: Business Wire) To date, SES has launched six out of 13 O3b mPOWER high-throughput and low-latency satellites, which together with strategically located satellite ground stations, enable SES to serve customers across multiple market segments aroun

Galderma Delivers a Strong Start to the Year With Record Net Sales of Over 1 Billion USD for the First Quarter and 12.4% Year-on-Year Growth24.4.2024 07:00:00 CEST | Press release

Galderma Group AG (SWX:GALD), the pure-play dermatology category leader, today announced its sales performance for the first quarter of 2024. Record net sales of 1.071 billion USD in the first quarter of 2024, surpassing for the first time the 1 billion USD mark for the first three months in a year Net sales growth for the first quarter of 2024 was 12.4% year-on-year on a constant currency basis1, primarily driven by volume Broad-based growth across all product categories, with constant currency year-on-year growth of 19.3% for Injectable Aesthetics, 8.4% for Dermatological Skincare, and 4.1% for Therapeutic Dermatology Growth across geographies, especially in International markets while U.S. growth accelerated year-on-year 2024 full year guidance confirmed: 7-10% net sales year-on-year growth at constant currency and Core EBITDA margin in line with 2023 at constant currency Continued execution of Galderma’s integrated dermatology strategy, progressing on its innovation pipeline, comme

HiddenA line styled icon from Orion Icon Library.Eye