Raidiam’s Post

Somnath Adhya, the Managing Director & CEO of SBI Mauritius Ltd (SBIML), discusses the #future of #digital #payments in #Mauritius, emphasizing the significant changes expected in the global #financial transaction landscape. Adhya’s insights highlight the transformative potential of introducing RuPay Card and Unified Payments Interface (UPI) services in Mauritius. 💳 Read on for insights into the transformative potential of RuPay Card and UPI services. https://bit.ly/3xEC8eX #DigitalPayments #MauritiusFuture

Digitizing the ‘Underbanked’ through SaffeChama! 🚀 We introduce #SaffeChama, a groundbreaking #digital platform transforming the African financial landscape. Aimed at communities where traditional banking is out of reach, SaffeChama leverages #USSD and #mobilemoney to offer a seamless experience in savings, affordable credit, and soon, insurance. SaffeChama's key solutions: 📊 Accuracy: enjoy tracking of individual and group finances with our robust reporting system. 💼 Growth: access to affordable #credit, based on consistent #savings. 📱 Access: manage your finances seamlessly, whether online or via USSD, ensuring financial services are always within reach. 🌱 Scalability: rapidly expand your membership, thanks to our flexible platform. Our achievements are expressed in numbers 🙌 👥 Сommunity with over 20,000 active members! 🤝 Solid network with 1,574 Chamas registered! 👍 98% customer success rate, showcasing our commitment to satisfaction! Designed for everyone, SaffeChama is your gateway to inclusive #financial services! If you'd like to review more information about SaffeChama, visit our website or message us at info@msimboit.net!

4 Days To Go! The CeBIH First Quarter 2024 Industry Forum Theme: Enhancing Digital Infrastructure while fostering talent development in the Payment Industry. You can still register now via this link if you haven't done so. Register @ https://lnkd.in/dcH9cEkP . . . . . . #CEBIH #digital #digitalpayments #payments #Nigeriaebusiness  #FutureofeBusines #DigitalTransformation  #DigitalBankinginNigeria #eBusinessStrategies  #FintechRevolution #TechInnovationNG #FinancialTechnology #EntrepreneurshipNaija #DigitalBankingNaija #eBusinessTrends  #NaijaStartups #OnlineTransactions #DigitalPaymentsNG #CEBIHUpdates

As the microfinance sector moves toward digital transformation, MFI Expert offers many services to improve your present software applications. We have created the safest gateway to fully exploit the M-PESA API's amazing possibilities. You may complete transactions in real-time by directly integrating M-PESA payments and collections into and out of your financial management system. #DigitalTransformation #MFIExpert #IMSGURU #Corebanking #microfinance

A few weeks is a long time in #embeddedfinance. Three weeks ago I published a new Celent report called Scaling the UK and European Embedded Finance Frontiers: Lessons from Pacesetters. We wanted to take an in-depth look at the strategies of four companies we thought were doing something interesting in embedded finance. The report includes lessons learned from and in-depth profiles of four diverse firms: - ClearBank, an embedded banking infrastructure provider with a banking licence. - Jifiti, an embedded finance enabler with a white-labelled embedded lending platform for banks and lenders to embed their loans at any point of sale. - NatWest Boxed, a joint venture between NatWest, one of the largest UK banks, and Vodeno, a leading European BaaS player. - Weavr.io, a technology company offering 'embeddable by design' financial solutions to B2B SaaS companies, connecting them with a complex partner ecosystem of technology and financial services providers. Since the report's publication, Weavr obtained an #EMI license from the Maltese Financial Services Authority, while UniCredit announced it would be acquiring the Boxed partner Vodeno. You can read the extract from the report featuring the NatWest Boxed profile at https://lnkd.in/eda8BKjW. Celent research clients can download the full report at https://lnkd.in/eeXsDtT5.

How can we optimise the delivery of government benefits? Step into the world of G2P payments systems in the third edition of the BudgetByte webinar series, co-hosted by ODI, Public Digital and eGov. We'll be looking at the world of digital payments and how they can improve spending outcomes through government programs, particularly for #SocialProtection. We will learn from journeys from different contexts including, Anant Jayant Natu from MicroSave Consulting (MSC) and Prashanth Chandramouleeswaran from eGov sharing insights on the successful implementation of the Just-in-Time Smart Payments technology in Odisha, Gareth Clarridge discussing Universal Credit’s experience of automating delivery of benefits in the UK, and Andrés Parrado and Vera Lummis shedding light on GiveDirectly’s comparative case study on helping governments deliver payments in Nigeria and Mozambique. This is an opportunity to gain valuable insights into #DigitalPublicFinance. We are looking forward to your participation in the event. Nicholas Gates Christina Lowe Register now: https://lnkd.in/gqdPvtvN

We are thrilled to announce that Nucleus Software is prominently featured in the latest edition of the Business Times Group, alongside our esteemed customer, SBM Bank Mauritius (SBM). In this feature, SBM has rated and recognized us as one of their key technology partners, highlighting our role in delivering cutting-edge digital solutions pivotal to their success. Nucleus Software brings extensive experience in Kenya and the African markets, consistently leveraging our expertise to transform the banking landscape. Our next-generation digital lending platform enhances the end customer experience by offering seamless lending mobility and robust analytics. This platform has revolutionized SBM's operations and positioned them at the forefront of digital banking. Our collaboration with SBM underscores our commitment to delivering exceptional digital solutions that meet the evolving needs of the financial sector. We are proud to support SBM in their journey towards a seamless future in banking, providing them with the tools and technologies that are vital for sustainable success. Explore the full story to learn more about how Nucleus Software is shaping the future of digital banking with innovative solutions.   Read more here: Business Times Magazine | Issue 103 | April 24 by BusinessTimesMediaGroup - Issuu   #Innovation #DigitalBanking #NucleusSoftware #SBM #FinancialTechnology #Kenya #Africa #BankingTransformation

🚀 #Technology is driving rapid evolution in the financial sector, and #regulations are racing to keep up and foster further #innovation. For those immersed in the sector, this means managing ever-evolving rules while tackling immediate deadlines like #DORA and #InstantPayments. But with our heads down, we risk missing what’s on the horizon. 📊 One major shift coming our way is #FIDA —a groundbreaking initiative from the #EuropeanCommission set to redefine #datasharing across the financial ecosystem. Adapting to this shift will require a new mindset and preparation before FIDA is “printed in black and white”. 📆 Join us at the CREOBIS - CREO Business Information & Seminars conference, “FIDA: From Open Banking to Open Finance” on November 19 in Brussels. ➡️ https://lnkd.in/dtwUD87C 💡Don’t miss this opportunity to gain insights from key experts and prepare for the future of finance. Be ready to embrace the change! Raphaël Lemahieu, European Commission - Scott McInnes, Bird & Bird - Laurence Van Meerhaeghe, Febelfin - Hadewich van Alst, Assuralia - Lauren Jones, Raidiam - Elisa Dell'Anna, KBC Bank & Verzekering - Lous Vervuurt, André Walter, Pinsent Masons - Ralf Ohlhausen, ETPPA - Nick Cabrera, The Data Economy - Jimmie Franklin, Vixio Regulatory Intelligence #OpenFinance #OpenBanking #PSD3 #PSD2 #Payments #Data #Fintech #Insurance #Banking #FinancialSector #Credit #AssetManagement #dataeconomy #Digitaltransformation

The Central Bank of The UAE (CBUAE), through its subsidiary Al Etihad Payments, has partnered with Core42, a subsidiary of AI firm G42 based in Abu Dhabi, to implement open finance nationwide.   Core42 specializes in providing infrastructure and IT solutions for businesses focusing on digital transformation using advanced technologies.   Al Etihad Payments, as part of the CBUAE's Financial Infrastructure Transformation (FIT) programme, aims to establish global standards for open finance by collaborating with Core42. The initiative will be implemented in phases, starting with open banking and then expanding to open insurance, with the goal of reaching a majority of customers within the year.   Additionally, the CBUAE has enlisted the support of UK-based open banking technology providers Ozone API and Raidiam, who are part of a consortium led by Core42 to assist in fulfilling the CBUAE objectives.   The UAE stands as the first country to implement a unified trust framework and centralized API hub. This innovative system facilitates a secure connection to access comprehensive banking and insurance markets. Notably, access is exclusively granted to third-parties regulated by the CBUAE and with customer consent, ensuring stringent compliance protocols. #cbuae #fintech #openfinance #financialinfrastructure #transformation #openbanking #openinsurance #technology

🚀 Is the EU's open finance regime ready to unlock its potential? The Financial Data Access (FIDA) framework could transform data-sharing beyond open banking, empowering consumers and businesses with better, more personalised financial services. However, with the slow uptake of open banking, the road ahead for FIDA faces several hurdles, including harmonising data-sharing standards and building the necessary infrastructure across the EU. 🌍 Other regions, like Brazil, Canada, and South Africa, are already advancing their open finance ecosystems. Will the EU catch up? 💡 For a deeper dive into these challenges and opportunities, check out Jimmie Franklin's full article here 👉 https://lnkd.in/dFkXpZ_N Join Jimmie as he moderates the discussion panel at the "FIDA: From Open Banking to Open Finance" conference on November 19. Expert panellists will explore the challenges of balancing financial innovation, consumer privacy, and regulatory oversight under FIDA. For more information on the conference here 👉 https://lnkd.in/dcDvbSMm Vixio Regulatory Intelligence #OpenFinance #FIDA #Fintech #DataSharing #FinancialInnovation #OpenBanking #PSD2 #PSD3 #Payments #Data