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Sybrin to help Kenya banks in paperless solutions

Sybrin Kenya has partnered the Kenya Bankers Association and Central Bank of Kenya to roll out paperless IT solutions to replace manual paper-driven processes. Driving the modernization of this core platform in Kenya’s financial sector, Sybrin Kenya is helping financial institutions carry out the transition from paper to electronic payments and image processing. Bank customers will have less paperwork to fill in and instead get machine-printed receipts just like what they get in a supermarkets, thereby increasing efficiency in service provision and cost saving for banks. The firm said the paperless financial solution will help banks increase their profitability by cutting paper costs while at the same time going green. The Biometrics solution will also go a long way in checking fraud as customers will need to be identified through their finger prints and in some cases facial recognition. The financial solutions provider has provided the cheque truncation solution for both centralized and decentralized voucher processing solutions in over 42 different banks across Africa, in 18 countries.

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