Vietnamese bank Sacombank has extended its partnership with Temenos to support its retail and corporate banking processes. Temenos T24 will be rolled out across the bank’s 242 branches to integrate its operations across the enterprise to help meet its growth objectives. By 2013, T24 will be deployed in more than 400 regional and overseas branches to support over five million customer accounts and over a million transactions processed per day. Dang Van Thanh, chairman of Sacombank, said: “We have an aggressive growth plan to expand our business internationally. To achieve our target we need efficient product and service diversification and systems centralisation at a reduced cost of ownership. We recognised the need for a system that could not only support and integrate our existing operations, but has the scalability to support our increasing business volumes; T24 offers solutions that best meet our present requirements.” Sacombank has been using T24 since 2004, to support several areas of its business including general ledger, customer information system, deposit and credit products and services.
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