African Bank has licensed Financial Objects’ activebank’ solution to support its general ledger, lending and treasury. The Johannesburg-based institution, which manages two million loan accounts, will roll out activebank’ across its 200 branches in South Africa this June. African Bank is implementing activebank’ as part of a project to streamline lending operations and improve its ability to manage customer repayments. activebank’ is designed to create a straight-through-processing environment that allows the bank to focus more closely on client needs. It features advanced customer monitoring capabilities, which give an up-to-date picture of account status and individual transactions. African Bank aims to enhance its ability to service Southern Africa’s growing number of microfinance customers, who are denied access to traditional credit facilities because of irregular cash flows or a high risk profile.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more