Creating a financially inclusive economy through instant payment systems

19 May, 2021 South Africa

Africa’s unique and diverse payments landscape requires unique solutions, both regionally and locally, if it is to reach its goal of financial inclusion.
Temenos and BankservAfrica invite you to an exclusive webinar on 19 May 2021 at 11:00am SAST. Join our experts as they take you through the recently introduced instant payment system developed specifically for the SADC region, as well as dive into the value that payment modernisation and instant payments can bring to your organisation.

For African banks and financial institutions, banking the unbanked is a key priority, and to do this, an efficient system is important to have.
An efficient and effective system should:
• Support growth in the economy and aid financial inclusion
• Reduce friction in the movement of money
• Support the economy as it grows and changes
• Serve the needs of the population

BankservAfrica, in collaboration with the SADC Banking Association, have architected a cost-effective interoperable solution that caters for high volume day-to-day, low value cross border payments in real-time as a response to the SADC government’s requirement for a solution to support regional payments integration. The Transactions Cleared on an Immediate Basis (TCIB) scheme is an interoperable payments solution that enables instant cross border transfers between any two TCIB participants anywhere in SADC.
Our speakers will take you through TCIB, how it can benefit your organisation, and how it will assist you in reaching your financial goals, while providing tangible value to your customers and contributing to a better functioning economy.


Mick Fennell, Business Line Director, Payments – Temenos

With over 30 years’ in banking software, and 20+ years’ experience in the global payments eco-system, Mick is a highly-skilled business and market development specialist. In his current role at Temenos he is responsible for driving the global business growth strategy of Temenos’ award-winning payments offerings and supporting clients with their ambitions to scale and prepare for the future. Mick is well-versed in the challenges and opportunities that lie ahead for payments professionals.

Arthur Cousins, SADC Payments Project Coordinator

Arthur has been the Payments Project Coordinator of the SADC regional payments projects since January 2010. Until December 2009 held a position that entailed involvement in a number of domestic payments and securities initiatives as well as international initiatives and organisations including CLS, Global Payments Forum, International Payments Framework Association, International Standards Organization and SWIFT, a member of the World Bank expert group that developed guidelines for the regional integration of financial infrastructures.

Francois Roode, Head: Africa Business Development – BankservAfrica

Francois is highly skilled in the Financial Services and Payments Industry with a demonstrated history in new business development, new market development solution design and sales management. He has been at BankservAfrica since 2016. Francois’ current role involves executing the organisation’s regional growth strategy for Africa. This involves the new regional payments rail, ‘Transactions Cleared on an Immediate Basis’ (TCIB), an interoperable payments solution for instant cross border transfers in the Southern African Development Community (SADC).