ZILLIONe, SmartStream provide reconciliations solution to People's Bank of Colombo

The solution will enable People’s Bank, to have a consolidated view for all electronic transactions. SmartStream’s reconciliation solution addresses the operational challenges faced by financial institutions. Its high degree of automation enables enterprises to identify exceptions as they occur so that it can be escalated and resolved immediately, according to the official press release.

With the implementation of SmartStream’s solution, complications and issues related to any electronic transaction at People’s Bank can be reconciled immediately. As a large financial institution of the country that handles millions of transactions per day, the enhanced system further assists the bank’s bid to offer a seamless service to its customers.

the paypers logo

The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.

 

The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.

 



No part of this site can be reproduced without explicit permission of The Paypers (v2.7).

Privacy Policy / Cookie Statement

Copyright