Manager – Corporate Communications

Path Solutions dominates at Banktech Award 2021 by receiving triple recognition

Path Solutions is thrilled to announce that it has won three different awards at Banktech Award 2021 held on Wednesday 9 June.

The global Islamic banking software company won two different categories for Path Solutions ‘Best Islamic Finance Technology Vendor in Banking’, and ‘Best Digital Banking Technology Provider’, while Path Solutions’ Group Chairman & CEO, Mohammed Kateeb was selected as ‘Banking Technology Personality of the Year’.

Commenting on this triple recognition, Kateeb said, “We are proud to receive these coveted accolades. These rewards have enforced our belief in our vision and will boost our motivation and intensify our resolve in realizing new heights by becoming the technology provider of choice for financial institutions in the post-COVID-19 era. We are constantly striving to keep our leading-edge banking software ahead of competitors, and awards such as these clearly demonstrate the market recognition of our relentless and uncompromising efforts. We will continue to provide the best open and flexible platform for our clients to deliver engaging and empowering frictionless banking experiences”.

Launched by Faster Community, the ultimate Banktech Award programme embodies and celebrates the best of fintech and banking innovations around the world. These innovations have been carefully chosen for their impact on the bank business models, customer journeys, processes, and digital channels, leading to higher performance and larger market share for their respective banks.

Path Solutions is an Islamic core banking system provider with a proven track record and deep understanding of digital banking transformation. The company helps financial institutions around the world dramatically accelerate their digital transformation, streamline their processes to enable their customers a seamless experience across all channels.

Kateeb is an inspirational fintech leader who has demonstrated his excellent leadership skills and vision to drive the business growth of Path Solutions. His exemplary leadership has made a significant impact on the company’s success and will continue to drive innovation and growth more than ever.

Competition was fierce for this year’s award programme. An expert jury comprising of global banking and technology leaders evaluated the nominations on the basis of three criteria – Leadership in innovation, commercial viability, and social and economic impact. Traditional banking business practices were already under scrutiny for relevance and business advantage, being challenged by emergent market forces. The ongoing global pandemic has further accentuated the situation, underlining the need for deep flexibility for adaptive innovation. More on the winners of the Banktech Award 2021 here: https://www.youtube.com/watch?v=uJRIKZtHF2U

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