CashTech

International Remittances

International remittances from migrant foreign workers have grown to have an important economic impact on developing countries receiving them. A market traditionally dominated by Money Transfer Operators, banks are now beginning to awaken to the potential revenue and customer acquistion opportunities. Providing an effective and competitve remittance service implies that banks create the right technological platform and meet the business challenges. But how does a bank go about achieving it? How can a well-established bank from a remittance receiving developing country present itself in the remittance initiating developed countries and emerge as a dominant remittance service provider? ICICI Bank Ltd, which dominates the inward remittances into India from across the globe achieved exactly this.

Financial Supply Chain

A Bank in the Philippines, in addition to offering cash management services, developed a strong revenue model by providing Financial Supply Chain Solutions to a large retailing company.

Internet Collections Reporting

One of the top 5 Cash Management Banks in Asia wished to change the face of the traditionally back office dominated Cash Management services by bringing information on collections from multiple channels that Cash Management customers look for, at the click of a mouse. In addition there was a requirement of which staff could view what kind of data. This Internet based Collections Reporting and Querying service was to be provided across 15 countries in the Asia Pacific region.

Funds Transfer Application

One of Japan's largest banks trusted CashTech to design and deploy a scalable, feature-rich Funds Transfer application. The system was developed and implemented in a record time of three months

Case Studies