Displaying items by tag: SACCOS

Financial technology 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

The advent of smart analytics allows financial services companies to mine the wealth of consumer data to understand and service customers better. Technology has also helped organizations develop innovative financial services. The development of better payment systems is a key challenge for organizations.

Published in Amala Times
Sunday, 28 June 2020 20:42

Amala Core Banking 3.4 - Release Notes

We are very happy and pleased to successfully release another major version of our awarding Amala Core Banking system 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

In a competitive setup, by definition, many firms contend for a limited market share. In the financial sector, in particular, competition greatly affects consumers’ wealth and financial soundness of banks (Bikker and Bos, 2005). The competition also affects the quality and diversity of products and productive efficiency of financial institutions (Claessens and Laeven, 2005). In the globalized microfinance industry, where competition has become increasingly severe, especially among the MFIs in Tanzania and East Africa at large.

Published in Amala Times

Technology is an important driver in the maturing microfinance industry. Microfinance providers, microfinance institutions (MFIs) of all tiers, provide financial services to the poor that are critical for eradicating poverty and promoting economic development in developing nations.

Published in Amala Times
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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.

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Amala Adding Value

 

 

Service Desk[existing clients only]

 



 

Contact us

Singo Africa 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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