Al-Ansari Exchange, a United Arab Emirates (UAE)'s exchange house, has launched Cash Express, a new online remittance tool built on BEA Systems' solution. Cash Express is a B2B model, which can be accessed and used only by pre-approved and pre-registered agents and correspondents of Al-Ansari Exchange. It is an online product, which enables end-to-end seamless processing of transactions between registered agents.
"The pace at which Al-Ansari Exchange has grown was such that existing channels of email, fax and telex were found to be inadequate to deliver the desired services levels," said Managing Director Mohammad Al-Ansari.
"With Cash Express we found an ideal solution to our needs, because it offers a dedicated, secure, speedy and cost-effective communication channel between partnering agents and correspondents."
BEA Systems is an international application infrastructure software company, providing the enterprise software foundation for 13,000 customers around the world. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
