A 'financial system' is a system that allows the exchange of funds between lenders, investors, and borrowers. Financial systems operate at national and global levels. ... Money, credit, and finance are used as a medium of exchange in financial systems.

The role of the financial system is to gather money from businesses and individuals who have surplus funds and channel funds to those who need them. The financial system consists of financial markets and financial institutions. ... List the two ways in which a transfer of funds takes place in an economy.

Published in Amala Times

Monetary means relating to money, especially the total amount of money in a country. or relating to money, or to the mechanisms by which it is supplied to, and circulates in, an economy. In comparison, fiscal relates to public revenues (taxation) and public spending, debt, and finance.

Financial technology, often shortened to fintech, is the technology and innovation that aims to compete with traditional financial methods in the delivery of financial services. It is an emerging industry that uses technology to improve activities in finance.

Published in Amala Times
Thursday, 23 January 2020 06:15

How to Give your Business a Competitive Value

Competitive Value - Competitive Value is the company's competitive products and services, the "Total Value Proposition," that customers buy in order to solve their business problems and enhance their ability to succeed. Competitive Value is also encompassed in the company's ability to create and deliver the required value to its customers' success.  It's not a company's "financial" value. It's the value the company offers for sale to its market, which, when purchased, results in financial value.

Competitive Value Index

  • A measure that represents a company's ability to understand customer business objectives (needs and wants) and their ability to create and deliver the products and services that customers buy to successfully solve their business problems. It represents the "amount" of competitive value, in the form of assets, a company has and also indicates how much more value it can (or needs) to develop.

Published in Amala Times
Monday, 13 January 2020 06:57

Amala App Suite 19.12.00 - Release Notes

We are happy and pleased to successfully release another major version of our awarding Amala App Suite platform for FinTech, especially in financial inclusion of the unbanked and underbanked community in Tanzania, a platform based on Apache Fineract and Mifos.

 

In this release of Amala we have shipped in the following key new features among others:- –

Published in Release
Page 1 of 5

About us

A technology for financial inclusion that has features for financial institution flexibility to grow and advance in its way of managing customers, financial products, fast and regular reporting capabilities.

Powered by Mifos  

Lets Grow Together

 

Service Desk[existing clients only]

 




Contact us

SingoAfrica Limited
Mbezi Beach "B"  | Mwai Kibaki Road | 6 Wasafi Str.

P.O BOX 78908 | 14121 Dar es Salaam

This email address is being protected from spambots. You need JavaScript enabled to view it. | +255 71 262 8896 | singo.africa | amala.co.tz

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