Caption: (From left to right) Walter Don, CEO: Nam-mic Financial Solution Holdings and Prof: Tjama Tjivikua, Rector of Polytechnic of Namibia at the launch of the new student card with a functionality of a low-cost transactional account
The increase of N$4 000 to N$ 5 000 in life cover benefit is applicable to the EasySave-, Vibe-and Transactional accounts
, for individuals.
In investment and commercial banks applications include numerous aspects of straight through processing, transactional account
aggregation and consistent cross-system data dispersal, such as distributed credit approval.
XACCTmobile is a software solution that combines multi-source, multi-layer data collection and enhancement systems with transactional account
provisioning on a single platform.
Franklin Templeton's Online Account Statements is provided by edocs' eaDirect(TM), an enterprise software solution which transforms transactional account
history into personalized, interactive communications enabling marketing via the Internet.
20twenty currently offers an innovative transactional account
called the "20one account" that encompasses saving and current accounts, credit card and optional line of credit -- all in one.
However, he said the growth was contributed by the bank's retail advances of transactional accounts
, personal loans and debit/credit cards as well as the banks caution on lending and focusing on recoveries and operational efficiencies such as technology adoption/digital migration.
The number of customers with transactional accounts
dropped over the past year, the bank said.
The services offered by retail banks includes savings and transactional accounts
, debit cards, credit cards, personal loans, and mortgages.
The deposit portfolio mix continues to experience a shift from time deposits to core transactional accounts
Some of the recent engagements include: Supporting the development of the NFIS in 2015 and supplementing it with nine technical notes on agriculture finance, MSME finance, digital transactional accounts
, housing finance, Islamic finance, payments systems, secured transactions, insurance and pensions.
Services offered include savings and transactional accounts
, mortgages, personal loans, debit cards and credit cards.