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I am honored to have been invited to speak at a panel during
SmartStream Technologies, the Transaction Lifecycle Management (TLM®) specialist, today announced that Haytham Kaddoura has been named CEO of SmartStream and will be working with Philippe Chambadal who will be assuming the role of President. With the recent formation of the SmartStream Reference Data Utility (RDU), the success of the Fees Management Utility and in anticipation of upcoming acquisitions, Mr. Chambadal will focus on these and other strategic initiatives.
BankservAfrica, headquartered in Johannesburg and operator of Africa’s largest interoperable payments switch, will implement the INTIX Data Management technology to financial institutions’ customers located in South Africa and other African countries.
Ovamba Cameroon Solutions an online African funding and logistics services provider for MSMEs (micro, small and medium sized businesses), has been shortlisted by African Banker magazine in its annual awards programme forInnovation in Banking. Now in their 10th year, the awards are open to all African financial institutions, including banks, micro-financiers, investment banks, development finance institutions and other financial services institutions.
Recently there has been a spate of articles describing the symbiotic relationship between the established financial services sector and the FinTech challengers. For those looking to take on the banks around the fringes, it’s a different story. For them, it’s keeping one step ahead and offering new services before the lumbering giants’ catch-up – or more likely – eat them up. But for those looking to add and sell services to existing banks, maybe the direct approach isn’t necessarily the best one.
Bank of Palestine, the largest financial institution in Palestine, has set up its first international representative office worldwide at the Dubai International Financial Centre (DIFC), the global financial hub connecting businesses and institutions with emerging market opportunities across the Middle East, Africa and South Asia (MEASA).
Something very exciting is happening in India.Several Payment Banks are about to launch their operations with a dream to provide banking & transaction services esp. to millions of rural and semi urban un-banked & under-banked households. This is expected to greatly boost domestic remittances, rural savings & reduce dependency on cash.
One of the most important questions these banks is how to achieve profitability faster & sustain it while maintaining a low cost structure & capturing volumes.
The B2 Group, provider of financial systems integration solutions, has won the title ‘Product Innovator’ for Transaction Services in the prestigious 2016 Global Finance awards in recognition of its advanced Multi-Bank Integrator™ automated banking platform for corporate cash and treasury management.
Ayming, the international business performance consultancy group, has today announced the appointment of Alejandro Alvarez as UK Director for Operations Performance.
Alejandro has been brought in to launch Ayming’s UK Operations Performance business unit, which will focus on helping clients improve their operational efficiency, procurement & supply chain performance and working capital. This builds on Ayming’s international expertise in operational performance improvement to deliver long-term measurable cost savings and efficiencies for businesses.
