Winning Business Models for Mobile Remittances by Hugo Cuevas-Mohr, Mohr Worl...Mahindra Comviva
The right business model is the primary success factor to grow the share of the mobile and other digital channels. The presentation covers successful business models in the digital remittance space by Hugo Cuevas-Mohr, Mohr World Consulting
CENTRALIZED challenges implementation and MANAGEMENT issuesAnil Chaurasiya
This document discusses key issues, challenges, and best practices for implementing centralized banking systems (CBS). It covers pre-implementation, implementation, and post-implementation phases. Some of the major topics discussed include people issues, change management, legacy systems challenges, infrastructure requirements, and critical success factors like project management skills and top management support. The document provides guidance on technology upgrades, governance, security, and ensuring business continuity during and after a CBS implementation.
Introducing CorkVSoft- Fintech. We are a joint venture between Cork Information Technology Bahrain and VSoft Corporation USA
Have a glimpse at our overview page to know about us or follow our linkedin / webpage to know about our offerings
Novatti is an Australian company that has developed mobile financial solutions since 1996. It provides payment technology and platforms to enable financial institutions and mobile operators to offer services like mobile banking, branchless banking, and value-added services. Novatti's platform allows clients to quickly launch new payment products and services to reach unbanked users through networks of agents. It aims to help clients grow and differentiate by taking advantage of expanding mobile and unbanked markets.
MUXI provides unique and intelligent solutions for
businesses that manage electronic transactions, be it, data
capture, processing, authorization and settlement for
different business segments, by integrating Payment to
Retail, Health Care, Distribution, Insurance, Loyalty, Prepaid
etc., addressing merchant and consumer needs.
This document provides an overview of channels and technology for enabling financial inclusion. It discusses the mobile and branchless banking ecosystem, including key players such as mobile network operators, banks, technology providers, agents, retailers, and regulators. Digital financial services like mobile money are described as combining branchless banking and mobile financial services to deliver financial products via technology outside of conventional branches. The predominant leader is noted as being mobile money, especially in developing countries.
Winning Business Models for Mobile Remittances by Hugo Cuevas-Mohr, Mohr Worl...Mahindra Comviva
The right business model is the primary success factor to grow the share of the mobile and other digital channels. The presentation covers successful business models in the digital remittance space by Hugo Cuevas-Mohr, Mohr World Consulting
CENTRALIZED challenges implementation and MANAGEMENT issuesAnil Chaurasiya
This document discusses key issues, challenges, and best practices for implementing centralized banking systems (CBS). It covers pre-implementation, implementation, and post-implementation phases. Some of the major topics discussed include people issues, change management, legacy systems challenges, infrastructure requirements, and critical success factors like project management skills and top management support. The document provides guidance on technology upgrades, governance, security, and ensuring business continuity during and after a CBS implementation.
Introducing CorkVSoft- Fintech. We are a joint venture between Cork Information Technology Bahrain and VSoft Corporation USA
Have a glimpse at our overview page to know about us or follow our linkedin / webpage to know about our offerings
Novatti is an Australian company that has developed mobile financial solutions since 1996. It provides payment technology and platforms to enable financial institutions and mobile operators to offer services like mobile banking, branchless banking, and value-added services. Novatti's platform allows clients to quickly launch new payment products and services to reach unbanked users through networks of agents. It aims to help clients grow and differentiate by taking advantage of expanding mobile and unbanked markets.
MUXI provides unique and intelligent solutions for
businesses that manage electronic transactions, be it, data
capture, processing, authorization and settlement for
different business segments, by integrating Payment to
Retail, Health Care, Distribution, Insurance, Loyalty, Prepaid
etc., addressing merchant and consumer needs.
This document provides an overview of channels and technology for enabling financial inclusion. It discusses the mobile and branchless banking ecosystem, including key players such as mobile network operators, banks, technology providers, agents, retailers, and regulators. Digital financial services like mobile money are described as combining branchless banking and mobile financial services to deliver financial products via technology outside of conventional branches. The predominant leader is noted as being mobile money, especially in developing countries.
Corporate Prepaid - Can you system deliver? | Prepaid Summit Europe Milan 2014Ixaris Systems
Ixaris provides a payments platform that allows banks to quickly deploy configurable prepaid applications for corporate customers without extensive IT projects. The platform includes templates for common prepaid use cases like purchasing, rewards, and travel. Case studies describe how the platform helped a travel company reduce fees and a brewery give customers control over their rewards program. The document argues that to succeed against non-bank competitors, banks need to rapidly deliver customized solutions to corporate clients through a reusable platform like Ixaris.
This document proposes a national inter-bank remittance and cash transfer platform for Ghana that would:
1) Create a single nationwide platform to facilitate domestic cash transfers between banks, financial institutions, and the informal sector.
2) Address challenges in the current system like a lack of interbank transfers, higher costs, and limited coverage.
3) Provide benefits like uniform pricing, faster transfers, expanded coverage, and complementary savings and money transfer services.
Ixaris is a payments technology company that has pioneered virtual prepaid cards. Their presentation discusses opportunities for using virtual prepaid cards to improve payment efficiencies. Specifically, they describe two case studies where they helped clients in the insurance and travel industries lower costs and improve controls by issuing single-use virtual cards tagged with additional data for reconciliation. They conclude that virtual prepaid cards can address many payment inefficiencies through flexibility and economics, and that markets like purchasing, supplier payments, and incentives would benefit from virtualization.
The document discusses the basics of mobile payments including:
- An overview of the history and current landscape of payments from ancient times to modern digital payments.
- Key use cases for mobile payments including donations, content purchases, and mobile point-of-sale.
- Emerging trends driving growth in mobile payments such as increased global adoption, new use cases like location-based services, and improvements in payment security.
This document discusses strategies for increasing financial inclusion among unbanked populations in developing countries through technological innovation. It provides the following key points:
1. Large rural populations, illiteracy, low incomes, remote locations, and lack of traditional banking infrastructure limit financial inclusion. Technological solutions like mobile phones, debit cards, and agent networks can help reach the unbanked.
2. A case study of Bangladesh found that while only 14% of its 150 million people have bank accounts, mobile phone penetration is 68%, showing potential for mobile financial services.
3. The document outlines Bangla Phone's mobile banking platform, which uses SMS, USSD, web/mobile apps to provide services like account access,
Baobab is an evolution of Microcred, focusing on becoming a digital bank providing financial services through technology. It aims to reach over 1 million previously unbanked customers through an agent network and automated products accessible via mobile apps. Baobab has seen success in Senegal and Madagascar, with over 800 agents and 100,000 active clients using the SMS-based platform for deposits, withdrawals, payments and loans. Microcred is transforming its infrastructure and products to better integrate customer data and automation, launching mobile apps and remote account opening to improve access, experience and financial inclusion across Africa.
Banks can face significant losses from money laundering through fines and loss of revenue. Money laundering involves disguising illegally obtained money to make it appear legitimate. It can undermine the integrity of banks and lead to liquidity problems. Fines against banks for non-compliance with anti-money laundering laws have increased substantially in recent years, totaling billions of dollars. Real-time anti-money laundering software solutions can help banks automate monitoring and improve regulatory compliance.
Atom Workshop : Payment Solutions For Modern Retail eTailing India
This document discusses payment solutions for modern retail in India. It provides background information on India's population, internet and mobile connectivity, and the current state of banking and payments. It then outlines considerations for setting up an online or multichannel payment system, including choosing technologies, signing up with a payment service provider, obtaining merchant IDs, settlement processes, risk and fraud management. The document aims to provide an overview of implementing digital payment solutions for retail businesses in India.
Retail Payments Report - Sponsored by VeriFoneVerifone
This survey aimed to see if the goals of Retailers and Merchants are aligned with the suppliers of technology and services to both Consumers and Retailers/Merchants. Especially in focus are new technologies like contactless cards, NFC payments on cards or in wallets, QR-codes, related values added mobile services, and the mobile-POS terminals (mPOS) launched for the emerging markets of small and mobile merchants.
The document discusses the history and development of electronic banking and payments systems in India. It notes various committees established in the 1980s and 1990s to promote automation and electronic payments. Key issues identified include inadequate bank automation, lack of inter-bank platforms, and insufficient telecom infrastructure. Subsequent committees made recommendations to address these issues and promote electronic clearing, cheque truncation, bill payment, and other digital services.
Technology has transformed the banking industry by opening new markets through online and mobile banking platforms, increasing the speed of financial transactions globally, and allowing banks to meet the demands of more tech-savvy customers. Key technologies include mobile banking, payments, and remote check deposit, social media integration, and personal financial management tools to help customers track spending. Technology also facilitates new delivery channels like ATMs and online banking while enhancing security and fraud prevention.
Corporate Prepaid - Why a Processor is Not Enough | Prepaid Summit Europe 2013Ixaris Systems
1) Corporate prepaid is a lucrative market but requires more than just a card processing platform to deliver customized solutions to corporate clients.
2) Ixaris has developed a payments platform called Ixaris Payments Server that sits over an existing processor and provides modules for applications, delivery channels, funds management, support systems and more to rapidly create diverse prepaid programs.
3) The platform was demonstrated through examples of payroll services, travel booking engines, and incentives programs, showing how different module configurations could meet each use case's unique requirements beyond basic card processing.
The document discusses the importance of information technology in banking and financial services. It outlines various business drivers that motivate banks to adopt new technologies like personalized web experiences, self-service capabilities, improved workforce productivity, and regulatory compliance. The document also discusses perspectives of different stakeholders in banking technology including customers, business users, IT staff, regulators, system integrators, software vendors and hardware vendors. It provides an overview of typical system selection processes undertaken by banks to replace legacy systems.
Verifone is a global leader in payment solutions with over 27 million systems installed in 150 countries. It provides terminal solutions, payment as a service (PaaS), and commerce enablement platforms. PaaS offers bundled hardware, software, and services through a secure cloud-based platform. Commerce enablement creates an open platform for apps and third-party innovation. Verifone aims to connect its solutions into a secure commerce architecture and become clients' most trusted partner for payments and commerce.
Brick and mortar branches remain an important delivery channel for banks, though their number is declining. Other prominent channels include ATMs, call centers, internet and mobile banking which allows services via apps, USSD, SMS and social media. Emerging channels are kiosks, micro ATMs which function similar to POS machines, Aadhaar-enabled payment systems (AEPS) and unified payment interface (UPI) which allow inter-bank fund transfers. Voice banking using IVR was not very successful. Wearable devices may also become a future channel. Traditional channels are evolving through automation, integration and addition of new services to meet customers' changing preferences in the digital age.
This document discusses banking technology and strategies. It covers the basic services banks provide like checking and savings accounts. It defines technology strategies as how organizations approach technology decisions and defines banking manuals. It also outlines some online banking services from HDFC like NRI banking, online loans, payments and forex trading. It discusses mobile banking options and using smart cards and technology for corporate customers. It states the business strategy emphasizes forthcoming strategies and technology growth.
Technology Changing The Face Of MicrofinanceJohn Owens
Technology is now changing the face of microfinance by providing new ways to provide financial services to low income households.
This presentation was given at the InterPacific Bar Association Annual Conference in Manila, Philippines on April 30, 2009.
National Payment Corporation of India (NPCI) has launched the E-Mandate facility in NACH system to offset failure rates, fund realization lag and collection risks.
The document discusses DG Infotech's mobile banking and remittance services. It provides secure and scalable remittance services using mobile interfaces that allow sending money from any mobile device. Funds can be sent internationally through a process that deducts money directly from the sender's bank account and deposits it instantly into the recipient's account without any cash handling. This allows low-cost and reliable money transfers with status notifications to both sender and recipient.
Novatti International Remittance brochureselnekave
The Novatti International Remittance solution is a stored value account system that creates a “digital wallet” linked to a consumer’s mobile phone that is reliable and easy to use. The application enables a mobile phone to become a secure transaction gateway. In conjunction with operators and banks, this can be used to provide mobile money transfer, remittance and other mobile money services.
Business rules include:
• Minimum & maximum transaction value limits
• Transaction types available
• Fees & commissions for cash-in and cash-out agents
• Settlement frequency with external agencies
• Periodic transaction control limits (daily, weekly, monthly)
• and many more...
If you are looking for highly configurable solution for your remittance offer, then look no further!
The Novatti International Remittance solution is a stored value account system that creates a “digital wallet” linked to a consumer’s mobile phone that is reliable and easy to use. The application enables a mobile phone to become a secure transaction gateway. In conjunction with operators and banks, this can be used to provide mobile money transfer, remittance and other mobile money services.
Business rules include:
• Minimum & maximum transaction value limits
• Transaction types available
• Fees & commissions for cash-in and cash-out agents
• Settlement frequency with external agencies
• Periodic transaction control limits (daily, weekly, monthly)
• and many more...
If you are looking for highly configurable solution for your remittance offer, then look no further!
Corporate Prepaid - Can you system deliver? | Prepaid Summit Europe Milan 2014Ixaris Systems
Ixaris provides a payments platform that allows banks to quickly deploy configurable prepaid applications for corporate customers without extensive IT projects. The platform includes templates for common prepaid use cases like purchasing, rewards, and travel. Case studies describe how the platform helped a travel company reduce fees and a brewery give customers control over their rewards program. The document argues that to succeed against non-bank competitors, banks need to rapidly deliver customized solutions to corporate clients through a reusable platform like Ixaris.
This document proposes a national inter-bank remittance and cash transfer platform for Ghana that would:
1) Create a single nationwide platform to facilitate domestic cash transfers between banks, financial institutions, and the informal sector.
2) Address challenges in the current system like a lack of interbank transfers, higher costs, and limited coverage.
3) Provide benefits like uniform pricing, faster transfers, expanded coverage, and complementary savings and money transfer services.
Ixaris is a payments technology company that has pioneered virtual prepaid cards. Their presentation discusses opportunities for using virtual prepaid cards to improve payment efficiencies. Specifically, they describe two case studies where they helped clients in the insurance and travel industries lower costs and improve controls by issuing single-use virtual cards tagged with additional data for reconciliation. They conclude that virtual prepaid cards can address many payment inefficiencies through flexibility and economics, and that markets like purchasing, supplier payments, and incentives would benefit from virtualization.
The document discusses the basics of mobile payments including:
- An overview of the history and current landscape of payments from ancient times to modern digital payments.
- Key use cases for mobile payments including donations, content purchases, and mobile point-of-sale.
- Emerging trends driving growth in mobile payments such as increased global adoption, new use cases like location-based services, and improvements in payment security.
This document discusses strategies for increasing financial inclusion among unbanked populations in developing countries through technological innovation. It provides the following key points:
1. Large rural populations, illiteracy, low incomes, remote locations, and lack of traditional banking infrastructure limit financial inclusion. Technological solutions like mobile phones, debit cards, and agent networks can help reach the unbanked.
2. A case study of Bangladesh found that while only 14% of its 150 million people have bank accounts, mobile phone penetration is 68%, showing potential for mobile financial services.
3. The document outlines Bangla Phone's mobile banking platform, which uses SMS, USSD, web/mobile apps to provide services like account access,
Baobab is an evolution of Microcred, focusing on becoming a digital bank providing financial services through technology. It aims to reach over 1 million previously unbanked customers through an agent network and automated products accessible via mobile apps. Baobab has seen success in Senegal and Madagascar, with over 800 agents and 100,000 active clients using the SMS-based platform for deposits, withdrawals, payments and loans. Microcred is transforming its infrastructure and products to better integrate customer data and automation, launching mobile apps and remote account opening to improve access, experience and financial inclusion across Africa.
Banks can face significant losses from money laundering through fines and loss of revenue. Money laundering involves disguising illegally obtained money to make it appear legitimate. It can undermine the integrity of banks and lead to liquidity problems. Fines against banks for non-compliance with anti-money laundering laws have increased substantially in recent years, totaling billions of dollars. Real-time anti-money laundering software solutions can help banks automate monitoring and improve regulatory compliance.
Atom Workshop : Payment Solutions For Modern Retail eTailing India
This document discusses payment solutions for modern retail in India. It provides background information on India's population, internet and mobile connectivity, and the current state of banking and payments. It then outlines considerations for setting up an online or multichannel payment system, including choosing technologies, signing up with a payment service provider, obtaining merchant IDs, settlement processes, risk and fraud management. The document aims to provide an overview of implementing digital payment solutions for retail businesses in India.
Retail Payments Report - Sponsored by VeriFoneVerifone
This survey aimed to see if the goals of Retailers and Merchants are aligned with the suppliers of technology and services to both Consumers and Retailers/Merchants. Especially in focus are new technologies like contactless cards, NFC payments on cards or in wallets, QR-codes, related values added mobile services, and the mobile-POS terminals (mPOS) launched for the emerging markets of small and mobile merchants.
The document discusses the history and development of electronic banking and payments systems in India. It notes various committees established in the 1980s and 1990s to promote automation and electronic payments. Key issues identified include inadequate bank automation, lack of inter-bank platforms, and insufficient telecom infrastructure. Subsequent committees made recommendations to address these issues and promote electronic clearing, cheque truncation, bill payment, and other digital services.
Technology has transformed the banking industry by opening new markets through online and mobile banking platforms, increasing the speed of financial transactions globally, and allowing banks to meet the demands of more tech-savvy customers. Key technologies include mobile banking, payments, and remote check deposit, social media integration, and personal financial management tools to help customers track spending. Technology also facilitates new delivery channels like ATMs and online banking while enhancing security and fraud prevention.
Corporate Prepaid - Why a Processor is Not Enough | Prepaid Summit Europe 2013Ixaris Systems
1) Corporate prepaid is a lucrative market but requires more than just a card processing platform to deliver customized solutions to corporate clients.
2) Ixaris has developed a payments platform called Ixaris Payments Server that sits over an existing processor and provides modules for applications, delivery channels, funds management, support systems and more to rapidly create diverse prepaid programs.
3) The platform was demonstrated through examples of payroll services, travel booking engines, and incentives programs, showing how different module configurations could meet each use case's unique requirements beyond basic card processing.
The document discusses the importance of information technology in banking and financial services. It outlines various business drivers that motivate banks to adopt new technologies like personalized web experiences, self-service capabilities, improved workforce productivity, and regulatory compliance. The document also discusses perspectives of different stakeholders in banking technology including customers, business users, IT staff, regulators, system integrators, software vendors and hardware vendors. It provides an overview of typical system selection processes undertaken by banks to replace legacy systems.
Verifone is a global leader in payment solutions with over 27 million systems installed in 150 countries. It provides terminal solutions, payment as a service (PaaS), and commerce enablement platforms. PaaS offers bundled hardware, software, and services through a secure cloud-based platform. Commerce enablement creates an open platform for apps and third-party innovation. Verifone aims to connect its solutions into a secure commerce architecture and become clients' most trusted partner for payments and commerce.
Brick and mortar branches remain an important delivery channel for banks, though their number is declining. Other prominent channels include ATMs, call centers, internet and mobile banking which allows services via apps, USSD, SMS and social media. Emerging channels are kiosks, micro ATMs which function similar to POS machines, Aadhaar-enabled payment systems (AEPS) and unified payment interface (UPI) which allow inter-bank fund transfers. Voice banking using IVR was not very successful. Wearable devices may also become a future channel. Traditional channels are evolving through automation, integration and addition of new services to meet customers' changing preferences in the digital age.
This document discusses banking technology and strategies. It covers the basic services banks provide like checking and savings accounts. It defines technology strategies as how organizations approach technology decisions and defines banking manuals. It also outlines some online banking services from HDFC like NRI banking, online loans, payments and forex trading. It discusses mobile banking options and using smart cards and technology for corporate customers. It states the business strategy emphasizes forthcoming strategies and technology growth.
Technology Changing The Face Of MicrofinanceJohn Owens
Technology is now changing the face of microfinance by providing new ways to provide financial services to low income households.
This presentation was given at the InterPacific Bar Association Annual Conference in Manila, Philippines on April 30, 2009.
National Payment Corporation of India (NPCI) has launched the E-Mandate facility in NACH system to offset failure rates, fund realization lag and collection risks.
The document discusses DG Infotech's mobile banking and remittance services. It provides secure and scalable remittance services using mobile interfaces that allow sending money from any mobile device. Funds can be sent internationally through a process that deducts money directly from the sender's bank account and deposits it instantly into the recipient's account without any cash handling. This allows low-cost and reliable money transfers with status notifications to both sender and recipient.
Novatti International Remittance brochureselnekave
The Novatti International Remittance solution is a stored value account system that creates a “digital wallet” linked to a consumer’s mobile phone that is reliable and easy to use. The application enables a mobile phone to become a secure transaction gateway. In conjunction with operators and banks, this can be used to provide mobile money transfer, remittance and other mobile money services.
Business rules include:
• Minimum & maximum transaction value limits
• Transaction types available
• Fees & commissions for cash-in and cash-out agents
• Settlement frequency with external agencies
• Periodic transaction control limits (daily, weekly, monthly)
• and many more...
If you are looking for highly configurable solution for your remittance offer, then look no further!
The Novatti International Remittance solution is a stored value account system that creates a “digital wallet” linked to a consumer’s mobile phone that is reliable and easy to use. The application enables a mobile phone to become a secure transaction gateway. In conjunction with operators and banks, this can be used to provide mobile money transfer, remittance and other mobile money services.
Business rules include:
• Minimum & maximum transaction value limits
• Transaction types available
• Fees & commissions for cash-in and cash-out agents
• Settlement frequency with external agencies
• Periodic transaction control limits (daily, weekly, monthly)
• and many more...
If you are looking for highly configurable solution for your remittance offer, then look no further!
Myanmar Mobile Money Services INtroductionAung Cho
Myanmar Mobile Money (MMM) has been a source of innovative solutions for mobile and financial service provider for Republic of Union of Myanmar. MMM invests heavily in Mobile Money product development, using carrier-grade, next-generation technology and aligning with the requirements of financial services for rural and urban areas.
Mahindra Comviva's Mobile Financial Services Product SuiteRuchika Tandon Jha
The document discusses a company that provides mobile financial solutions to help businesses connect with customers and drive growth. It offers solutions such as mobile money, digital wallets, banking, and payment processing that allow 750 million people worldwide to access financial services via their mobile devices. The company has over 120 deployments of its solutions globally and has received several awards for its innovations.
Software Group is an advanced technology company focused on providing end-to-end financial and retail solutions. It has over 210 employees across 14 partner support offices globally. The company prides itself on delivering high quality, transparent, and affordable products and services, as evidenced by its track record of over 200 completed projects. It provides a range of solutions including agency banking, digital field applications, personal banking, web front ends, integration platforms, and mobile wallets.
Estel's e-Top up empowers mobile operators and Service Providers with a comprehensive, mature, feature-rich platform for voucher-less, PIN-based, and any value recharge.
Estel’s advanced e-Top up platform integrates with any prepaid Billing/OCS/IN system and network nodes such as Campaign Management, Dealer Management, BI, ERP, G/L…
The platform can be used to recharge any prepaid account (TV, Utility services, Toll…) or to pay bills (Postpaid telecom, Utility…) via an agent network, or directly by subscribers.
Transforming to Estel’s e-Topup solution helps operators not only optimize operational expenses but also achieve the highest level of flexibility, speed to market, and improve overall performance.
Estel takes pride in having delivered:
1. World’s largest e-Top up Platform, and
2. World’s first microservices based e-Top up solution on public cloud
Service2Media provides app solutions for banks to improve customer relationships and take advantage of new opportunities. They help design, deliver, maintain, and evolve innovative banking apps across devices. Their app platform allows banks to provide consistent experiences, connect apps to back-end systems, easily support new devices, and evolve apps over their lifecycle. This enables banks to inform, control, educate, direct, manage and assist customers through rich mobile apps.
Digital Banking - Banca Digital by IBIS ManagementIbis Excellence
The document summarizes a seminar on digital banking. It discusses trends in global banking towards declining cash usage and increased digitalization. It then covers digital banking approaches like internet banking, mobile banking, and omni-channel banking. The rest of the document discusses digital transformation strategies for banks, including defining a digital strategy, deciding on a technology architecture, and integrating applications. It emphasizes enhancing customer experience through automation and real-time processing.
Novatti's White-Label Digital Wallet
The Novatti Digital Wallet is a proven, robust and scalable electronic wallet solution for developed and developing markets. Ready to deploy with minimum development effort, this technology can be provided as a turnkey, OEM, or hosted solution.
The Digital Wallet application uses other Novatti modules to integrate with telecommunications infrastructure, financial institutions, and other third-parties using standards-based and proprietary protocols. Settlement of user accounts with external and internal agencies is achieved by regular production of multi-party electronic banking files containing all settlement details.
Novatti's White-Label Digital Wallet
The Novatti Digital Wallet is a proven, robust and scalable electronic wallet solution for developed and developing markets. Ready to deploy with minimum development effort, this technology can be provided as a turnkey, OEM, or hosted solution.
The Digital Wallet application uses other Novatti modules to integrate with telecommunications infrastructure, financial institutions, and other third-parties using standards-based and proprietary protocols. Settlement of user accounts with external and internal agencies is achieved by regular production of multi-party electronic banking files containing all settlement details.
Africa's most innovative cloud e-commerce/banking solution?Adrian Hall
The document proposes a digital banking platform called iWinPay that aims to promote greater financial inclusion and stimulate local economies in Africa. It was developed by Drs. Linus Etube and Shiyghan Navti based on their experience in banking, finance, and cloud technology. The platform provides a complete digital banking solution for financial institutions and allows for mobile and card-based payments anywhere through an integrated SMS banking module and mobile app. It is designed to facilitate local transactions, credit networks, and programs to encourage spending locally.
Agency banking Driving South Africa's Economic Empowerment.pptxPanamax, Inc
Discover how agency banking is transforming South Africa’s economy and securing a promising future with far-reaching impact through technological solutions.
TECON Services is a technology consulting firm that provides business automation solutions including ERP implementation, middleware integration, customer service software, and business process improvement. It offers products for internet banking, POS systems, hospital management, dealer management, and warehouse management. TECON's onsite/offshore model aims to provide high value services at lower costs than competitors. It works closely with clients to develop customized applications that create a competitive advantage and drive innovation.
The document discusses how TCS BaNCS provides a universal financial platform to enable transformation in financial services. It offers an integrated suite of banking, capital markets, and insurance solutions that are pre-configured and customizable. The platform uses modern architectures like service-oriented and event-driven designs to integrate solutions across value chains. It has been implemented for over 280 customers in 80 countries to provide core banking, payments, compliance, and other functions to support financial institutions.
The document discusses several core banking solutions including Finacle, TCS BaNCS, and FLEXCUBE. Finacle is a core banking product developed by Infosys that is used by over 450 million customers in 84 countries. TCS BaNCS automates all aspects of banking operations. FLEXCUBE is a universal banking solution from Oracle that offers core banking, retail banking, and direct banking modules. The solutions provide benefits such as centralized processing, multi-channel access, scalability, and cost reduction.
Principles and Practices of Banking Module 5ARUNKUMAR7358
Banking Technology
Concept of universal banking
Home banking
ATM’s
Internet banking
Mobile banking
Core banking solutions
Debit, credit and smart cards
Electronic payment system
MICR
Cheque truncation
ECS
EFT
NEFT
RTGS
Books referred - Dr.Nirmala Prasad, K. Chandrasass j (Banking and financial system)& Mithani, Gordan (Banking and financial systems)
Financial technology (FinTech) uses innovative technology to perform a broad range of financial products and services in a multi-channel, convenient, and quick manner. It provides benefits such as better payment systems, higher approval rates for small businesses, and greater convenience through mobile connectivity. Advanced security methods are needed to ensure customer confidence in using financial technology services and protecting their data.
Retail banking digital transformation – Choosing a digital platform (2).pdfMaveric Systems
The document discusses how retail banks should prepare for digital transformation by choosing a digital platform. It outlines three types of digital platforms that support the customer lifecycle: daily banking platforms, complex lending platforms, and wealth management platforms. When choosing a platform, banks should select one that allows for flexible innovation, rapid product launches, omnichannel banking, customer data analytics, regulatory compliance, and issue resolution tools. A digital transformation partner can also help banks quickly adopt new digital products and services to keep pace with changing customer expectations and technology.
Exploring Fintech Solution Transformational Role the Digital Era Savings.pptxPanamax, Inc
Shape your financial future. With Panamax's innovative digital financial solutions, you can revolutionize your banking and savings experience. From cutting-edge digital banking platforms to personalized financial management tools, Panamax is leading the way in transforming the financial landscape.
Semelhante a Mobile Money Management Services from Accenture, 2010 (20)
HCL Notes and Domino License Cost Reduction in the World of DLAUpanagenda
Webinar Recording: https://www.panagenda.com/webinars/hcl-notes-and-domino-license-cost-reduction-in-the-world-of-dlau/
The introduction of DLAU and the CCB & CCX licensing model caused quite a stir in the HCL community. As a Notes and Domino customer, you may have faced challenges with unexpected user counts and license costs. You probably have questions on how this new licensing approach works and how to benefit from it. Most importantly, you likely have budget constraints and want to save money where possible. Don’t worry, we can help with all of this!
We’ll show you how to fix common misconfigurations that cause higher-than-expected user counts, and how to identify accounts which you can deactivate to save money. There are also frequent patterns that can cause unnecessary cost, like using a person document instead of a mail-in for shared mailboxes. We’ll provide examples and solutions for those as well. And naturally we’ll explain the new licensing model.
Join HCL Ambassador Marc Thomas in this webinar with a special guest appearance from Franz Walder. It will give you the tools and know-how to stay on top of what is going on with Domino licensing. You will be able lower your cost through an optimized configuration and keep it low going forward.
These topics will be covered
- Reducing license cost by finding and fixing misconfigurations and superfluous accounts
- How do CCB and CCX licenses really work?
- Understanding the DLAU tool and how to best utilize it
- Tips for common problem areas, like team mailboxes, functional/test users, etc
- Practical examples and best practices to implement right away
This presentation provides valuable insights into effective cost-saving techniques on AWS. Learn how to optimize your AWS resources by rightsizing, increasing elasticity, picking the right storage class, and choosing the best pricing model. Additionally, discover essential governance mechanisms to ensure continuous cost efficiency. Whether you are new to AWS or an experienced user, this presentation provides clear and practical tips to help you reduce your cloud costs and get the most out of your budget.
Ivanti’s Patch Tuesday breakdown goes beyond patching your applications and brings you the intelligence and guidance needed to prioritize where to focus your attention first. Catch early analysis on our Ivanti blog, then join industry expert Chris Goettl for the Patch Tuesday Webinar Event. There we’ll do a deep dive into each of the bulletins and give guidance on the risks associated with the newly-identified vulnerabilities.
Taking AI to the Next Level in Manufacturing.pdfssuserfac0301
Read Taking AI to the Next Level in Manufacturing to gain insights on AI adoption in the manufacturing industry, such as:
1. How quickly AI is being implemented in manufacturing.
2. Which barriers stand in the way of AI adoption.
3. How data quality and governance form the backbone of AI.
4. Organizational processes and structures that may inhibit effective AI adoption.
6. Ideas and approaches to help build your organization's AI strategy.
Fueling AI with Great Data with Airbyte WebinarZilliz
This talk will focus on how to collect data from a variety of sources, leveraging this data for RAG and other GenAI use cases, and finally charting your course to productionalization.
Generating privacy-protected synthetic data using Secludy and MilvusZilliz
During this demo, the founders of Secludy will demonstrate how their system utilizes Milvus to store and manipulate embeddings for generating privacy-protected synthetic data. Their approach not only maintains the confidentiality of the original data but also enhances the utility and scalability of LLMs under privacy constraints. Attendees, including machine learning engineers, data scientists, and data managers, will witness first-hand how Secludy's integration with Milvus empowers organizations to harness the power of LLMs securely and efficiently.
Programming Foundation Models with DSPy - Meetup SlidesZilliz
Prompting language models is hard, while programming language models is easy. In this talk, I will discuss the state-of-the-art framework DSPy for programming foundation models with its powerful optimizers and runtime constraint system.
Driving Business Innovation: Latest Generative AI Advancements & Success StorySafe Software
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During the hour, we’ll take you through:
Guest Speaker Segment with Hannah Barrington: Dive into the world of dynamic real estate marketing with Hannah, the Marketing Manager at Workspace Group. Hear firsthand how their team generates engaging descriptions for thousands of office units by integrating diverse data sources—from PDF floorplans to web pages—using FME transformers, like OpenAIVisionConnector and AnthropicVisionConnector. This use case will show you how GenAI can streamline content creation for marketing across the board.
Ollama Use Case: Learn how Scenario Specialist Dmitri Bagh has utilized Ollama within FME to input data, create custom models, and enhance security protocols. This segment will include demos to illustrate the full capabilities of FME in AI-driven processes.
Custom AI Models: Discover how to leverage FME to build personalized AI models using your data. Whether it’s populating a model with local data for added security or integrating public AI tools, find out how FME facilitates a versatile and secure approach to AI.
We’ll wrap up with a live Q&A session where you can engage with our experts on your specific use cases, and learn more about optimizing your data workflows with AI.
This webinar is ideal for professionals seeking to harness the power of AI within their data management systems while ensuring high levels of customization and security. Whether you're a novice or an expert, gain actionable insights and strategies to elevate your data processes. Join us to see how FME and AI can revolutionize how you work with data!
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* What is Vector Search?
* Importance and benefits of vector search
* Practical use cases across various industries
* Step-by-step implementation guide
* Live demos with code snippets
* Enhancing LLM capabilities with vector search
* Best practices and optimization strategies
Perfect for developers, AI enthusiasts, and tech leaders. Learn how to leverage MongoDB Atlas to deliver highly relevant, context-aware search results, transforming your data retrieval process. Stay ahead in tech innovation and maximize the potential of your applications.
#MongoDB #VectorSearch #AI #SemanticSearch #TechInnovation #DataScience #LLM #MachineLearning #SearchTechnology
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The original Czech 🇨🇿 version of the presentation can be found here: https://www.slideshare.net/slideshow/hlavni-novinky-souvisejici-s-ccs-tsi-2023-2023-1695/269688092 .
The videorecording (in Czech) from the presentation is available here: https://youtu.be/WzjJWm4IyPk?si=SImb06tuXGb30BEH .
3. 2
A rapidly growing marketplace,
mobile money management—
offering both mobile
banking and mobile payment
capabilities—offers important
benefits, including:
• Increased banking penetration
of untapped markets at a
relatively low acquisition cost.
• Reduced cost of remittances,
as the need for physical points
of presence is removed.
• Improved customer retention,
especially among younger
and more affluent customers
who increasingly expect more
sophisticated mobile offerings.
• New revenue streams,
including the opportunity
to up-sell base services to
banking products such as
mortgages, loans and pensions.
Yet while financial institutions
recognize the importance of
the mobile channel to their
ongoing competitiveness, many
have been challenged to create
a robust platform that enables
a broad range of mobile money
capabilities over multiple kinds
of mobile devices. Security
concerns, rapid technology
change, an uncertain regulatory
environment and cost restraints
are key challenges these
institutions face.
To successfully launch mobile
money management capabilities,
financial institutions need a
market-tested, cost-effective
technology solution that delivers
a flawless transition from launch
to steady-state operations,
meets the highest security
and regulatory standards, and
keeps pace with the evolving
technology environment without
requiring ongoing capital
investments.
It’s a compelling value proposition for consumers:
check your bank account balance, purchase movie
tickets, pay for groceries, send money to a relative—all
from your mobile phone. For financial institutions
and mobile network operators alike, mobile money
management is an important strategy to generate new
revenue streams and drive competitive advantage.
4. Mobile
phone
AMOS Enabled Channels
SMS; USSD2; xHTML; Internet
Accenture Mobility Operated Services
(AMOS)
AMOS
Mobile Money Management
Front End Bank
Standalone Bank
Payments Gateway
Value Store
Transaction and Fees
Engine
AMOS
Ecosystem
eCommerce
Ticketing
Loyalty
Marketing
Core Banking Platform
Standards
based
IntegrationMNO Integrated channels
SIM Toolkit;
KYC/AML
Document Store
Mobile Network
Operator(s)
3
Accenture’s mobile money
management capabilities, enabled
by Accenture Mobility Operated
Services (AMOS), support multiple
scenarios to serve financial
services and communications
companies:
• A mobile front end and middle
office to a traditional bank
• A high-speed, real-time
transactional wallet system
• A high-speed transaction and
fees distribution engine
• An aggregator and enabler of
mobile and Internet channels
to a bank
• A payment gateway
• A payments authentication
service
• A gateway to e-commerce,
ticketing, rewards, loyalty,
marketing and other services to
generate new mobile revenues
The Accenture Mobile Money
Management Framework
5. 4
Accenture’s mobile money
management offering is an innovative,
enterprise-grade mobile money
platform that can be up and running
in a matter of weeks. Managed and
operated by Accenture, the platform
is a high-speed, high-volume
financial transaction processing
engine. It connects to financial
operators through designed-in
systems integration connectors
and pre-built payments gateways.
Accenture leverages its extensive
experience working with major mobile
operators to support integration
with handsets and networks
securely and cost-effectively.
The platform is open, meaning that
services are deployed to all types
of mobile devices, and is non-
branded which enables banks to
retain and build their own brand
when interacting with customers.
Accenture also provides banks with
access to mobile customers through
operator-independent channels—using
SMS, USSD or other protocols to
communicate between the customer,
the clearing institution and the bank.
At the heart of Accenture’s service
is an innovative, cross-industry
offering, Accenture Mobility Operated
Services, a powerful platform that
allows enterprises to launch mobile
services rapidly while reducing IT set up
costs, minimizing risk and complexity.
Accenture’s managed-services
approach to mobility services is in play
at leading companies around the globe,
including Fiat and Telecom Italia.
Accenture’s mobile money
management offering incorporates
software from Fundamo, a specialty
provider of enterprise mobile financial
services software and services, and
combines it with Accenture’s industry-
leading Service Delivery Platform
(SDP). With experience across multiple
technologies and operators, Accenture
provides institutions with extensive
flexibility in architecting a mobile
money management solution.
Accenture’s managed services platform
for mobile money management
By 2014, the mobile
money management
marketplace is expected
to be worth more than
$65 billion, with more
than half a billion users.
- Juniper Research
6. 5
Accenture operates financial services
for some of the world’s largest
financial institutions and has extensive
experience in the successful delivery
of mobile payments, ticketing,
vouchers, customer loyalty and
e-marketing. Accenture:
• Is ranked as the #1 outsourcing
service provider by the International
Association of Outsourcing
Professionals (second consecutive
year).
• Processes billions of dollars of credit
card transactions annually (over $20
billion in 2008).
• Serves 85 enterprise customers in
more than 35 countries with our
financial hosting and processing
capabilities.
• Hosts more than 30 websites serving
more than 24 million visitors every
day.
• Hosts ticketing and booking systems
for 6 of the 10 largest low-cost
airlines.
Accenture: A leader in mobility
and financial services
Important features of the Accenture
mobile money management service
include:
Scalability to handle peak usage
By running a shared platform, the
Accenture service delivers cloud-
like scalability, handling peak loads
for multiple clients simultaneously.
The platform can also handle micro-
payments, which can be difficult to
address through traditional payment
technologies.
Transaction-based pricing
The Accenture service offers a
transaction-based pricing model,
enabling an institution to manage
costs and share risk at start-up. With
lean, low-cost operations, Accenture’s
mobile money management offering
gives financial institutions the ability
to create robust services at less risk.
Support for multiple locations, devices
and channels
Multi-national institutions can use
the platform across all locations
and geographies. One instance can
handle multiple countries and banks
simultaneously, as well as an extensive
range of devices, wallets, operators
and Web channels.
Built-in security
The Accenture platform leverages
leading encryption technologies,
offering built-in security and
monitoring. A mobile PIN enables
secure payments through the phone.
Customizable applications or “midlets”
enable the Accenture solution to reach
a wide range of phones with a rich,
functional menu and then to use an
SMS channel in a secure way.
Powerful options
Additional capabilities include:
• Built-in document management.
• Mobile revenue services such
as ticketing, loyalty and mobile
marketing.
• Accenture’s core banking platform
for savings, loans and traditional
banking operations.
• Outsourcing for functions such as
finance, administration and fraud
detection.
• eCommerce and Web portal
development.
Industry-leading mobile money
management capabilities