Postilion has established a footprint in a 15th African country. Operating in the African market since 1994, the organisation already has a presence in South Africa, Namibia, Zimbabwe, Zambia, Malawi, Tanzania, Kenya, Nigeria, Ghana, Sierra Leone, Mauritius, Seychelles, Swaziland, the Gambia, and has now deployed a solution with Bankom, Uganda’s largest transaction switch. Africa is the continent in which Postilion was launched and it remains one of the company’s key global markets. Africa’s three top banks and three top retailers use Postilion to drive their electronic payments. More than 100 million transactions are processed per month in South Africa alone. Postilion has also been selected for use as the largest bank transaction switch in Nigeria, Zimbabwe, Tanzania, and Kenya. According to the company, its solutions are well suited to African market conditions and the following features have all contributed to the success of Postilion deployments in Africa: modular solution architecture; flexible and scalable open systems platform; robust ATM and POS driving capabilities; strong management information and reporting functionality; and quick implementation time scales.
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