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Orion Innovation Inks Key Deal with BNI Madagascar for Financial Services Modernization

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Latest Agreement Highlights Orion’s Commitment to Digital Transformation in Africa

EDISON, N.J., May 1, 2024 /PRNewswire/ — Orion Innovation (“Orion”), a leading digital transformation and product development services firm, is excited to announce it has signed a deal with BNI Madagascar to revolutionize the bank’s digital banking experience for their customers. As part of the agreement, Orion will implement Temenos’ cloud-based core banking platform into BNI’s operations, modernizing its product portfolio to bring customers personalized, digital-first banking solutions. 

As the nation’s premier banking network, BNI MADAGASCAR stands as a pivotal entity in the national banking sector with the most extensive network spread across all 23 regions of the country. As a leader in banking coverage, we also aim to transform the industry through an innovative and scalable digital ecosystem.

Alexandre Mey, CEO of BNI MADAGASCAR, states, “We are committed to reinforcing our leadership in the banking sector while steering the digital revolution in Madagascar. Our vision is to create an integrated banking ecosystem that not only meets the current market needs but also anticipates them.”

Thibault Huvelle, Head of Digital at BNI MADAGASCAR, adds, “By advancing towards a comprehensive digital ecosystem, we are transforming every digital interaction into an exceptional customer experience. We work closely with cutting-edge external partners like Orion, to ensure that our solutions are advanced and tailored to the specific needs of the Malagasy market. It marks a new era for banking, where technology continually enriches the user experience.”

BNI Madagascar, a banking and financial services corporation, is embarking on a digital modernization journey for both Small/Medium-sized enterprises and retail customers. Orion’s suite of digital services and technology solutions will empower BNI to modernize legacy systems, design innovative products, and tap into new business opportunities. This deal marks a significant achievement for Orion in the region and reaffirms our commitment to investing in Africa’s digital transformation journey, enabling a unified banking experience across various touchpoints, spanning online banking, mobile banking, and in-branch services.

“This is another deal that continues our success in Africa and the Middle East as we expand our services in the region,” says Suchen Janjale, Orion’s Head of Financial Services in Europe. “Our strong track record for providing banking transformations is what motivated BNI to select Orion as their trusted partner for their modernization efforts.”

“This partnership with BNI is a testament to our dedication to revolutionizing digital banking experiences in Africa. Our comprehensive offerings around Temenos and our regional presence position us well to ensure a successful digital transformation journey for BNI. This milestone underscores our commitment to driving innovation and growth in Africa’s financial landscape,” said Anoop Gala, EVP & Orion’s Global Head of Financial Services.

About Orion Innovation 

Orion Innovation (“Orion”) is a leading digital transformation and product development services firm. Rooted in engineering and design thinking, along with a unique combination of agility, scale and maturity, its team of approximately 6,400 associates helps Fortune 1000 companies improve efficiencies, enhance customer experiences, and develop new digital offerings. Through its delivery centers in North America, EMEA, India and Latin America, Orion serves clients across Hi-Tech, Telecom & Media, Sports & Entertainment, Professional Services, Financial Services, and Healthcare industries. For more information, visit www.orioninc.com.

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Tetr College of Business Introduces a Cross-Border Bachelors Program Across Seven Countries

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  • Courses at Tetr will be led by global business and technology leaders such as Dr. Viney Sawhney (Professor, Harvard University), Dr. Edward Rogers (Former Chief Knowledge Officer, NASA), Faverie Stephane (Executive Group President, Estee Lauder) and Saud Swar (CBO, American Express, MENA).
  • The program will offer a highly experiential and immersive learning experience for students by enabling them to build businesses that generate real revenue & profit in 7 countries.
  • World’s Largest Single-Intake Scholarship Announced at USD 12 Million for 60 Students.

RIO DE JANEIRO, May 21, 2024 /PRNewswire/ — Tetr College of Business, a first-of-its-kind business school, is creating a new generation of leaders who truly possess practical skills and global experience to build successful businesses. Tetr has launched a new undergraduate program where the curriculum focuses on learning business by doing businesses – across the globe. In doing so, the program caters directly to this increasing demand for practical skills. To that end, Tetr has announced the world’s largest single-intake scholarship fund of USD 12 Million to award 60 scholarships for its fall 2024 intake.

Tetr has curated a globally immersive learning experience for students to live, and learn across 7 different countries including UAE, India, Singapore, Ghana, U.S, Brazil, and Italy over 4 years. As part of the program, students will get to study at the world’s leading educational institutions INSEAD, France (FT rank 2), SDA Bocconi, Italy (FT rank 3); as well as NUS, Singapore (#1 in Asia), and IIT among others. Courses at Tetr will be taught by Global business and technology luminaries such as Daniel Garret Van Der Vliet (Executive Director, Cornell University), Manoj Kohli (Ex-CEO, Bharti Airtel & Softbank), Alexis Montesinos (Professor, MIT), Thorsten Truijens (Professor, Kellogg School of Management) and Nitin Gaur (Advisory Board Member, Stanford University).

The B-school has established a 1.6 million USD venture fund ‘Tetr Launchpad’ for aspiring entrepreneurs, complemented by mentorship from an extensive network of venture capitalists, founders, and industry leaders. The academic council of Tetr is led by Ivy League Professors and former global CXOs, such as the likes of Viney Sawhney (Professor, Harvard University), Edward Rogers (Former Chief Knowledge Officer, NASA), Faverie Stephane (Executive Group President, Estee Lauder) and Saud Swar (CBO, American Express, MENA), as part of the founding council.

For prospective students from the Latin American region, growing interest in truly immersive learning experiences perfectly aligns with the nation’s growing intention of cementing itself on the world’s stage,”  shares Dr. Viney Sawhney, Professor of Finance, Harvard University. “I have never seen such a program in my academic experience, even at prestigious institutions like Harvard. This clearly indicates that traditional business education is due for an overhaul. Tetr’s unique program addresses this gap with a curriculum that allows students to travel the world and learn business by doing business in a new country, each semester. I am excited to be working alongside a team that is pioneering a change in the world of business education globally.”

As a part of its curriculum, Tetr will offer students a holistic understanding of how to build brands, investment portfolios, and make data driven decisions rooted in local cultural context, as they travel and study across the globe. Students will get an opportunity to build an eCommerce ‘dropshipping’ business in Dubai, leverage the Silicon Valley’s ecosystem to launch a tech startup in the US and start a community driven project to design and sell a hardware product in Singapore. They will also get to learn content creation, community building and brand partnerships in Milan, launch green initiatives in the realm of EVs, wildlife conservation and renewable energy in Rio De Janeiro as well as build a consumer business catering to suburban audiences in India.

Set to commence the batch from September 2024, Tetr is offering full scholarships to 60 brightest undergraduates from across the world who will join the first batch. Out of this, 10 students will be from Latin American countries. Tetr will empower these individuals to develop the leadership required to pursue their chosen fields.  Backed by Tetr’s entrepreneurial network, they’ll have the resources to turn their visions into reality. The B school will also welcome top SAT scorers (top 1 percentile) and those who have turned down offers from prestigious universities. To know more about the various scholarships, students could visit Tetr’s website here. The deadline for the current round of  applications is June 17.

About Tetr College of Business

Tetr School of Business is a first of its kind global B-school where 100 exceptional undergraduate students from around the world will learn business by building businesses every year, across 7 countries – USA, Italy, Singapore, Brazil, UAE, India and Ghana. As part of its 4-year Bachelors program, these students will study at some of the world’s most prestigious educational institutions including INSEAD (France), SDA Bocconi (Italy), NUS (Singapore), and IIT (India). With a vision to mold them into global leaders, leading educationists and top business leaders from the likes of Harvard, Stanford, MIT, Cornell, NASA, Estee Lauder and American Express will teach and mentor these students in their areas of interest. For more details, please visit – https://www.tetr.com/

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Day 1: News Alert: London Blockchain Conference 2024

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LONDON, May 21, 2024 /PRNewswire/ — Day 1 of the London Blockchain Conference kicks off today with world-renowned marketing and business entrepreneur and professor Scott Galloway taking the stage.  

Tech influencer Lilly Douse will also host this year’s conference. She will bring her top hosting skills and unique perspective on blockchain and AI technology to the event. 

But that’s not all; attendees can also check out Scott Zoldi, Chief Analyst Officer, Fico, who spoke about establishing trust in AL and Blockchain.

This is an opportunity to gain exclusive insights from influential voices in business, technology and blockchain. One can take advantage of these sessions to explore blockchain’s potential to drive business success. 

Please register here to attend or listen to any of the sessions today. 

About the London Blockchain Conference

NETWORK. LEARN. ENGAGE. 

 At the London Blockchain Conference, we show how Blockchain will change the world and help people see another way to manage data, build scalable on-chain solutions and achieve great things. We do this by creating valuable, insightful, and engaging events that educate and inform, allowing you to connect and network to build strong business relationships. Our conference is the best avenue to see blockchain innovations, ecosystem announcements, product launches, technology updates, keynote speeches, panels, and fireside chats from blockchain leaders. Join us and experience it for yourself. 

 

View original content:https://www.prnewswire.co.uk/news-releases/day-1-news-alert-london-blockchain-conference-2024-302151055.html

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Santander and Iberpay in Spain join EPC’s OCT Inst scheme as inaugural participants

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Spanish banking giant Santander and payment services firm Iberpay have been selected as the inaugural participants in the One-Leg Out (OLO) Instant Credit Transfer (OCT Inst) scheme, led by the European Payments Council (EPC).

The OCT Inst scheme aims to establish the necessary frameworks and processes to facilitate international account-to-account (A2A) payments across various currencies. It marks the first initiative by the EPC to support transactions where only one payment service provider operates within the geographical scope of the Single Euro Payments Area (SEPA), and it commenced operations last November.

As the first participants, Iberpay will function as the clearing and settlement mechanism (CSM), facilitated through Santander, for OCT Inst transactions. Iberpay has been entrusted with the role of OCT Inst Processor, responsible for providing the infrastructure and services essential for processing international cross-currency instant transfers under the scheme.

The pair have successfully conducted the first international instant transfers through OCT Inst this month. Full service adoption among banks in Spain is scheduled for October, with additional banks expected to connect to Iberpay’s service in the coming months.

Juan Luis Encinas, CEO at Iberpay, expressed that the firm’s involvement in the scheme will empower its banking partners to introduce “new innovative services, enhance the customer experience, and maintain a high level of competitiveness.” The company aims to improve international cross-currency payments in terms of processing speed, 24×7 operation, information transparency, accessibility, and cost reduction.

Giorgio Andreoli, Director General of the EPC, emphasized that OCT Inst will provide “a multilateral scheme-based approach in a multilateral world.”

In the meantime, the EPC is inviting stakeholders interested in the evolution of the OCT Inst scheme to participate in its public consultation, which concludes on 9 June.

Source: fintechfutures.com

The post Santander and Iberpay in Spain join EPC’s OCT Inst scheme as inaugural participants appeared first on HIPTHER Alerts.

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