Connect with us

News

CODEBASE TECHNOLOGIES PARTNERS WITH CAPITAL BANK GROUP TO BUILD NEW REGIONAL DIGITAL BANK

Published

on

Capital Bank Group selects Codebase Technologies to build and launch its first fully digital bank in Jordan and Iraq. The strategic partnership will enrich Capital Bank Group’s digital offering to its retail and corporate clientele.

The Capital Bank Group initiative will spearhead digital transformation across the two countries, leveraging the countries’ combined 88% mobile penetration rate to transform the financial ecosystem; bringing secure and widely accessible digital banking to the broader market.

“Capital Bank Group selects Codebase Technologies to build and launch its first fully digital bank in Jordan and Iraq.”

Powered by Codebase Technologies’ award-winning Digibanc™ platform, the fully digital bank will empower Jordan and Iraq’s customers with next-generation banking services such as seamless onboarding, intuitive workflows, smartphone access, and an expansive array of innovative products and services. Digibanc™ is an innovative “Bank-in-a-box” solution that can be integrated with any financial institution’s existing core banking system and be customized to deliver unique digital banking products and services.

Tamer Mauge, MENA Managing Director at Codebase Technologies, commented: “We are proud to partner with Capital Bank Group and take the next step forward to launch Jordan and Iraq’s first truly digital bank, aimed at both SME and retail customers. The opportunity we are embarking on will support the financial inclusion and literacy agenda while providing the banking industry in both Jordan and Iraq with cutting-edge technology infrastructure to pioneer digital financial innovation.”

Zein Malhas, Chief Digital Officer of Capital Bank, said: “Technology has become the main element in our lives and our partnership with Codebase Technologies, which is the ideal partner in providing advanced technical services that reflect the commitment of Capital Bank Group to provide top-notch and innovative solutions in the digital world. Capital Bank Group continues to develop its services in line with the customer’s expectations and the Group’s belief that innovation is the language of the future that gives customers, whether individuals or companies, an exceptional digital banking experience without having to physically visit branches”.

Raheel Iqbal, Managing Partner at Codebase Technologies commented on the partnership: “Codebase Technologies is committed to leveraging its global expertise and knowledge delivering innovative digital financial products and services. We have proven experience across multiple digital banking implementations in the region and we are passionate about supporting our partners to move the financial inclusion and digital transformation agenda forward.”

 

News

5 STEPS TO GET THE MOST OUT OF YOUR VIRTUAL INTERNSHIP PROGRAM

Published

on

By

For an employer, a virtual intern will help him cut costs more than a traditional one. This is because there won’t be a need to provide an extra office space or computer for them. It is especially useful for small companies and the fact that the present generation is getting more computer savvy these days, it appeals to the employers to just stick to remote training and evaluation. This decision may come with mixed feelings for those looking to intern who would have hoped for a more physical experience in an office environment. They also feel that being in the office could get them a more detailed evaluation and appraisal. Well, perhaps you should read through these tips which can help you get exactly what you are looking for virtually.

 

1. Create the ideal work environment at home

Part of your concerns is not being in an office environment. Well, why don’t you create one at home? It will be beneficial to replicate a typical office environment at home by looking for some quiet space and doing some rearranging and restructuring to create a different aura of being away from home. Your dressing here too matters as you would be collaborating mostly on video calls and need to be professionally dressed. Distraction at home is real and if you don’t set a serious work environment and follow it strictly, you will be lacking the basic experience that should be helping you get the most out of your virtual internship program. Creating an ideal workspace at home helps you have a feeling of being away from home. It will help you concentrate on your internship like you were actually at the office.

2. Link up frequently with your coworkers and supervisors for help

To get your work done effectively, you will have to learn as much as you can from everyone possible. During your onboarding, you can take note of the departments in which you will want to be more involved and those at the helm of affairs. You can signify your intent to the departments and have people from there mentor you directly. The office may have its own communicative app for everyone to keep in touch. Use that medium to reach out to the veterans in the company who you want to learn from. This move could get you enrolled in different projects and have aspects of them dedicated to you. You can also ask any of your colleagues for help if you have any issues with carrying out your job. For example, if you want to send a mail to someone that requires sending large files and you do not know how to go about it, you can ask anyone on the communication app for guidance.

When you regularly connect with your team, it will create a positive relationship with them and they will always be willing to help you with anything. Getting a job there in the future could also be easier.

3. All the office tools you need should be available to you

There is nothing as bad as not delivering on an assignment or getting the best from training just because you didn’t have the necessary tools. What you will be needing to effectively carry out your duties as an intern would have been revealed to you during the onboarding process. Some would be provided by your office while others, you may have to get on your own in some cases. You need to make sure you have all these equipment or items within reach since you would be by yourself and not at the office where you can easily find an alternative.

During your job as an intern, you might need different tools, among them a VPN connection to establish a secure connection between you and the internet. You can ask for help from your colleagues to know what VPN they use within the company, or together you can go through a list of best VPNs and choose the one that fits you best.

You will need a stable internet, computer system, a piece of simultaneous translation equipment (if you would be communicating with people whose first languages are different from yours), and other items recommended. When all you need to work is available to you, it gives you a mindset of being prepared to carry out all your duties without hitches. This is necessary for you to have a rewarding virtual internship.

4. Accept Criticisms

This is one difficult aspect of working in an office whether remotely or physically. It is usually difficult to accept criticisms whether as a new staff member or an intern. You need to understand that you are learning in a new environment and are bound to make mistakes. So, you don’t have to be too upset if your actions didn’t go well with your superior at work. Your progress would depend on how well you can accept things like this and use them to realign your path in the right direction. You can do a video call to know exactly how the person calling you out feels about the situation. Criticisms are part of the learning process as an intern and it is necessary to put you in check, so you don’t feel too comfortable and take things for granted.

5. Attend series of training and workshops

For you to get a hang of things in your office and be properly equipped with the know-how of the company’s business, you will need to attend a series of training and workshops. You can talk with your manager to help you select which ones will be relevant to the departments you are attached to. These training and workshops will better equip you with the tools you need and the processes required for handling your job properly. Since you are on a virtual internship, it is only certain that these training sessions would be held virtually. Your mindset towards the workshops would determine how much knowledge you get. It will be practically impossible to grasp everything from possibly an hour or more of training so it would be good to take down notes  which you can refer to at a later time. Training and workshops help you become more confident about handling your office duties. They can even help you learn email and phone etiquettes as well as how to behave yourself professionally in an office environment.

 

Final word

Having a virtual internship may not be what you had hoped for but it could be worth the while if you are able to follow these steps and any other ones your supervisor lays down for you. It is possible not to have criticisms at all but if it ever comes, make sure it doesn’t deter you. Remain focused and you would have a rewarding virtual internship.

 

Continue Reading

Business

9 STRATEGIES TO INCREASE YOUR REVENUE

Published

on

By

The primary goal for nearly any company is to increase sales and revenue, as these numbers are the linchpin that keeps businesses, well, in business. In order to give your numbers a boost, your company should focus your efforts in places that are most likely to increase conversions, establish better customer relationships, refine your sales approaches and further your influence within your own market. Regardless of whether your company is at its most successful or it needs a major boost in profits, these tips will help you to increase revenue streams and reach your fiscal goals.

  1. Identify Your Revenue Objectives

If all you know is that you’d like to increase profits, it’s a good idea to really break down what that may look like for you and your company. Do you want to double your profits in a year? Do you want to break even? Think about just how much of an increase you’re after, and then figure out how to infuse profit-driven micro-goals into each step of your sales pipeline.

  1. Adjust Your Prices

If your goods and services are stellar, but you’re barely making enough money to cover overhead costs, you may want to kick things up a notch. Competitive prices may seem to give you an edge within your market, but your pricing strategy should always support a significant profit margin. Even a small adjustment to your prices can have a huge difference on your bottom line.

  1. Reach Out to Customers

Your customers are largely who your company depends on to remain in business, and that role should not be taken lightly. Customers appreciate the opportunity to connect with businesses on a personal level, from individual conversations to opportunities to leave reviews about their experience with your business. In this same vein, it can be helpful to focus your attention on loyal, repeat or ongoing customers. These buyers are already acquainted with your business, your products or your services, so an upsell or discount offered to them is a lot more likely to be effective than one offered to the general public.

  1. Establish Incentives

Holidays, seasonal events and storewide celebrations can bring in more customers if your approach to your products during this time is creative, attractive and accessible to your clients. Consider offering special discounts, bundled products, loyalty programs or added extras to bring customers back into your store or to encourage them to purchase more than one item on their next visit.

  1. Expand Your Reach

No matter how wide your net is cast, it can probably reach a little wider. If there is a social media platform you have yet to establish a presence with, start that today. If you can reach out to a local store owner for a distribution partnership, draft that email. The larger your audience, the more people you’ll reach who may support your business.

  1. Feature Something New

There comes a time when your inventory, services or goods can become a little stale even to your most loyal customers. Your customers want to feel like they have more choices, even if they visit your business and end up ordering the exact same thing they always have. When it comes to new offerings, you don’t have to reinvent the wheel. Try something in a new color, an adjacent product, a seasonal flavor, a bundled service or a discount on purchases of a certain number of your existing products.

  1. Offer Financing

While you’d like to have the total cost upfront, you could attract more customers by offering a new way to pay. Many customers don’t always have the funds to shell out on your most expensive products or packages even if they wanted to, but if you spread out their payments over the course of a few months, they may be more likely to snap it up now–and you won’t lose out on any revenue in the end.

  1. Collect Customer Data

If you’re wondering why your sales have slowed or plateaued, just ask. Consider sending out a customer survey that will help you to better define who is shopping with you, what they’re buying, what their experience is with your store and how you can improve that for them in the future. To increase the likelihood of many responses, keep surveys short and sweet, and offer a discount or free service upon completion.

  1. Focus on Your Brand

The best brands are reliable, consistent and recognizable, which goes a long way in the establishment of consumer trust and rapport. Make sure that your presence in the marketplace reflects your products, values and services accurately, and clean up any areas that need a little fine-tuning. Check your website, social media channels, in-store signage and newsletters and rewrite anything necessary in order to better demonstrate your brand identity. The more your customers feel that they know what they will get whenever they visit your store, the more likely they will be to come back and spend more of their hard-earned dollars to support you.

 

Continue Reading

Magazine

Trending

Business15 hours ago

REMOTE WORKING SHOULDN’T MEAN A COMPROMISE IN GOOD ACCOUNTING SOFTWARE

To be bylined to Simon Kearsley, CEO of bluQube The increase in remote working has meant that reliable accountancy software has...

News20 hours ago

5 STEPS TO GET THE MOST OUT OF YOUR VIRTUAL INTERNSHIP PROGRAM

For an employer, a virtual intern will help him cut costs more than a traditional one. This is because there...

Business20 hours ago

9 STRATEGIES TO INCREASE YOUR REVENUE

The primary goal for nearly any company is to increase sales and revenue, as these numbers are the linchpin that...

Finance21 hours ago

2021 AND THE FINTECH MARKET BONANZA

By Mike Rhodes, CEO and Founder of ConsultMyApp   The Covid-19 pandemic has caused unprecedented disruption for many businesses, however,...

News21 hours ago

THE HOUSEHOLD ITEMS YOU DIDN’T KNOW YOU COULD RECYCLE

Climate change is one of the biggest issues that we are facing today. It has an impact on every aspect...

News21 hours ago

ZIRAAT BANK, ONE OF THE LARGEST BANKS IN TURKEY, HAS SIGNED A COOPERATION AGREEMENT WITH JCB

A formal partnership has been signed between JCB International Co., Ltd, the international operations subsidiary of JCB Co., Ltd, and...

Finance21 hours ago

DRIVING A COMPETITIVE ADVANTAGE IN THE FINANCIAL SERVICES INDUSTRY WITH DATA

Romain Picard, VP EMEA at Cloudera   There are no shortages of challenges to be faced when it comes to...

Finance21 hours ago

A DATA-CENTRIC APPROACH TO AUTHORISING CUSTOMERS’ ONLINE TRANSACTIONS

Shagun Varshney, Signifyd Senior Product Manager, Payment Solutions   As online shopping continues to grow, so too does the level...

Business22 hours ago

5 TIPS TO IMPROVE PCI DSS COMPLIANCE

Narendra Sahoo (PCI QSA, PCI QPA, CISSP, CISA, CRISC) is the Founder and Director of VISTA InfoSec Introduction Maintaining PCI DSS...

Business22 hours ago

TAKING A FRESH LOOK AT EMPLOYEE BENEFITS IN THE MODERN WORKPLACE

By Jeanette Wheeler, HR Director, MHR International   Historically, if an employee was asked about the most common benefits packages...

News22 hours ago

AUSTRALIAN DIGITAL BANKING PLATFORM, DATA ACTION, TAKES A LEAD IN AML COMPLIANCE WITH NAPIER

RegTech company Napier, provider of advanced anti-financial crime compliance solutions, has announced that specialist core banking and digital services provider Data Action will...

Business22 hours ago

EXPANDING DIGITAL TRANSFORMATION INITIATIVES SPARK FINTECH REVOLUTION

Short to medium-term digital strategies double to 35% among financial organisations   Despite the turbulence of the last year, UK...

News23 hours ago

THE IMPORTANCE OF THE TECH TRANSITION IN RE-SHAPING M&A DUE DILIGENCE

By Merlin Piscitelli, Datasite’s Chief Revenue Officer for EMEA   Global mergers and acquisition (M&A) activity re-bounded to reach a...

Banking1 day ago

PRIVATE BLOCKCHAINS IN FINANCIAL SERVICES

Jonas Lundqvist, CEO and founder of Haidrun Blockchain is well known as the technology that has made possible the introduction...

News1 day ago

HOW DOES THE FCA DEADLINE EXTENSION IMPACT UK MERCHANTS?

By Galit Michel, VP of Payments, Forter   The UK Financial Conduct Authority (FCA) announced in May that the deadline for SCA...

News1 day ago

PSD2: MERCHANTS MUST REGAIN CHECKOUT CONTROL THROUGH DELEGATED AUTHENTICATION

By Galit Michel, VP of Payments, Forter   For the past ten years, globalisation and digitalisation have changed the way companies connect...

Finance2 days ago

CGT CHANGES COULD HAVE A LIMITING EFFECT ON TECH SECTOR GROWTH

Stephen Hemmings is a tax partner and technology sector specialist at accountancy firm, Menzies.   If changes to the Capital Gains...

Business2 days ago

SOARING ENERGY PRICES AND UNIVERSAL CREDIT CUTS – WHY PROVIDERS MUST PREPARE FOR AN INCOMING WAVE OF PAYMENT SUPPORT REQUESTS

Yad Jaura, Product Marketing Manager at Netcall   Following the collapse of several energy companies as gas prices continue to...

Business2 days ago

THE WORLD IS CHANGING BUT TRUST ISN’T – HOW FINANCE BRANDS CAN BUILD POWERFUL CUSTOMER RELATIONSHIPS THROUGH MAIL

By Phil Ricketts, Wholesale Commercial Director at Royal Mail Marketreach   If the last eighteen months have taught us anything,...

Banking2 days ago

HOW FRAUD TEAMS CAN HELP BANKS SOLVE THE DIGITAL IDENTITY CRISIS

By Glenn Smith, EMEA Head of AML and UKI Head of Fraud at SAS   Fraud is often seen as...

Trending