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Banking commitment and the political position .. Ahmed Al-Hajj


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Banking Information and Financial Inclusion

   
 

 
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07/4/2018 12:00 am 

Gamal Shaker Al - Rubaie 

The speed in the variables and technological competition puts the media at the forefront of direct influence on public opinion because the role of the media is to create cultural awareness and general orientation in society.

And today the diversity of media means thanks to scientific progress and scientific studies may have given the media many aspects and means to influence the public opinion and this task is not easy and at the same time is not impossible because the convictions are different towards the goal pursued by any institution and here the media takes its role in influencing by means of persuasion by means of effective and acceptable. 
The media should be responsive to the wishes of the various segments and familiar with the tendencies of each category towards a particular type of advertising. The successful media organization examines the wishes and tendencies of the community groups and sets out a deliberate plan to address each segment. Because the society is mobile, we also need to put the mobile media, which reaches everyone without bothering. Late at night as he addresses the employee specified hours of specific work or address the housewife in the same way to address the university student or doctor, then the media to arm the culture of community and be able to use media tools in a positive way and perhaps the race with time Requires focus on the media side to shorten the time and we may put the media tools below to address the different segments and tastes according to the tendencies of each segment and divide the means of media influence to local newspapers and magazines of various kinds, radio and television as well as social networking sites and websites,


And the diversity of these means evidence of different tastes and tendencies and each means have an impact different from the other and have followed it so we see many successful institutions use various means to attract the customer and create a public opinion towards that institution. 
And Iraq today in a race against time to reduce the gap with the developed world, especially in the field of banking culture and diversity and the different services and the mechanism of dealing with them across networks and banking systems to cover various activities and Islamic banks have been able to keep abreast of developments in the world by using the best electronic systems to shorten the time and provide Best customer service with the addition and opening of new outlets to attract the customer. 
We seek through the media to create a cultural revolution aimed at the bank is the intimate friend of the individual and try to make it a priority as it gets with the mobile phone and this goal needs to understand the higher departments of the message and importance of the media. 
Today, the Central Bank of Iraq seeks to establish the concept of financial inclusion as evidence of the understanding of the financial and economic leaders in Iraq that the banks should play their role in creating and creating outlets and products that meet the needs of different segments because openness to all leads to economic and community development as well as developing capital with the bank and the customer. One, therefore, we see that the national trend in Iraq is a cultural orientation banker and perhaps the next few years will see a high rate of savings and funding clearly. 
The settlement of the salaries of employees is a first step towards financial inclusion. This encouraging start represents 20% of the society, which we aspire to have even the new born bank account and we must be optimistic every step to serve Iraq and its people.
And financial inclusiveness will impose itself when the banking culture is an important part of the life of the individual and to support that step we have to provide infrastructure for various sectors to facilitate dealing with them very easily and be close to the reach of the individual in the city or village and these steps may be borne by banks of various types in order to break the case The reluctance of some and the banks to create attractive ways to attract the customer and graduated from traditional frameworks inherited through contracts while retaining lines of safety and confidence and banking standards.

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Call for the reduction of electronic financial crimes

   
 

 
 


08/4/2018 12:00 am 

In conjunction with the expansion of financial and banking services

Baghdad / Hussein Thugb
The growth and sophistication of the technical and electronic system in the financial and banking sector has increased the volume of banking operations, accompanied by the expansion of the electronic manipulation of this sector, where the manipulators are developing their methods according to the development of this new technology, which created new challenges for banks and regulators .

"Financial financial crimes are one of the challenges facing banks, which requires the creation of sound policies and procedures through the development of e-banking risk management and combating electronic financial crimes," said Ali Thamer Al Waeli. Comprehensive risk management and he pointed out that " the face of these challenges requires hard work to reduce these risks, which entails significant responsibilities to confront them through the adoption of a comprehensive risk management to identify these risks and reduce them through regulatory means and to develop appropriate practical policies to address them , which was adopted by the European recommendation 1988 in the responsibility of the financial institution to bear the risk "




Article 71 of the European Recommendation 88/11/1 on the relationship between electronic money issuers and consumers states that the Bank is responsible to the consumer for the consequences of non-implementation or misappropriation of the operations specified in Article 1 of this Agreement, especially if such transactions are carried out through an electronic device The bank controls it directly or individually. Electronic payment means  and between Waeli that " the banking business mail is one of the things that brought about the great technological development in the field of communications and information technology, where the development of new means of payment are appropriate to the nature and requirements of e - commerce, as it led to the emergence of new opportunities for business banks in achieving a competitive advantage, As well as providing new marketing opportunities, widespread distribution to achieve long-term profitability, and improving the quality of banking service. " Information Security







"The many benefits offered by e-banking remain fraught with many risks, as there is a close correlation between e-processes and information security that can lead to tampering with customers' own balances, or (e-payment) Legitimate ". Technological Diversity Electronic banking operations in the financial sector represent a range of diverse banking services that are created and advanced by the banking system, electronic media and other diverse technological media. In accordance with the new global electronic development that has been reflected in all areas of life, A major player in the banking sector, which is now relying on electronic operations to facilitate customer services. " Financial inclusion







Moreover, the traditional financial institutions are obliged to accelerate the development and modernization of banking services, in line with the principle of financial coverage at the current stage. It requires the administrative and supervisory authorities to prepare, train and qualify employees to deal with these electronic banking systems. 
"The rapid growth of information and communication technology has led to the emergence of fundamental changes in the world, both in terms of business and personal life of the general public or the nature of banking and financial in itself, which contribute to the implementation of financial and banking operations more quickly and at a lower cost."
 He continued: "The importance of modern banking technology systems in the efficiency of services provided according to indicators of the most important speed: where the information is saved and retrieved very quickly, and accuracy: These systems reduce the incidence of errors and the provision of effort: it needs less effort than traditional hand systems, The amount of information: systems have the ability to save large amounts of information and data more than  
traditional}. 

"As a result, this significant development in the field of electronic banking requires serious work to reduce the risks of fraud and electronic financial crimes through the development of regulatory systems and continuously updated from my iPhone  

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  • yota691 changed the title to Central control of the level of inflation and supports electronic collection

Central control of the level of inflation and supports electronic collection

 
Baghdad / Hussein Thugb 
 


"The Central Bank has succeeded in controlling the level of inflation, maintaining prices, maintaining the purchasing power of the national currency, controlling the exchange rate and closing the gap, 

Between the official price and the market price.
"Foreign exchange reserves rose from US $ 40 billion to US $ 62 billion and diversification of the currency basket to support balance of payments and crisis response
Economic development.
The coordination with the Ministry of Finance in the management of public debt to support the budget and funding the deficit during the financial crisis experienced by Iraq because of the drop in oil prices, the issuance of national bonds in the international financial market worth $ 2 billion, as well as the provision of new products to invest liquidity of commercial banks and investment and support 
Profitability ".
 
Issuance of bonds
She pointed out that "the last period saw the issuance of bonds for the receivables of contractors after being audited by the Ministry of Planning and the Federal Financial Control Bureau, as well as the issuance of bonds to farmers on behalf of the Ministry of Finance and this move reflects a shift in a broader vision for the management of government public debt by the financial authority and monetary authority "He said.
 
Financial Inclusion
"We have supported the electronic collection of government fees, the facilitation of payments to citizens, the signing of a memorandum of understanding with Visa International, MasterCard International and Yunin-B International International to support the strategy of financial inclusion and the provision of electronic payment cards to citizens to urge them to work with the unified international bank account, Through bank accounts internally
And externally. "
Electronic payment
"The standardization of the sukuk security standards to increase confidence in exchange and encourage traders to deal with electronic payments instead of cash, electronic payment companies in order to support electronic operations and the issuance of license cards payment to banks, as well as linking banks and sites of the Central Bank of Iraq with data centers bank by cable To enhance the infrastructure of the banking sector and to increase the security of information and networks on the speed of data transmission Sizes
Big ".
 
Financial operations
On the developments witnessed by the Central in the payments sector confirmed "the establishment of the National Bank to settle payments between banks and increase electronic financial operations between banks, companies and citizens, support electronic collections of government departments and facilitate 
Ways of payment to citizens ".
 
Memorandum of Understanding
"We have signed a memorandum of understanding with Visa International, MasterCard International and Yunin-B International International to support the strategy of financial inclusion and the provision of electronic payment cards to citizens. , As well as linking the banks and the Central Bank of Iraq with the bank data centers by optical cable Aziz infrastructure for the banking sector, increasing the information and network security, as well as high-volume data transfer speed. "
 
Localization of salaries
The launch of the localization of salaries for all public sector employees through the transfer of salaries to employees' bank accounts, as well as the easy receipt and withdrawal of salaries through the available payment channels, bank branches, ATMs, Points of sale, and enjoy the many advantages of bank accounts. "
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Central control of the level of inflation and supports electronic collection
Monday, 15 April 2019 78
Central control of the level of inflation and supports electronic collection Alsabaah-10358

 
Baghdad / Hussein Thugb 

 

"The Central Bank has succeeded in controlling the level of inflation, maintaining prices, maintaining the purchasing power of the national currency, controlling the exchange rate and closing the gap, 
 
Between the official price and the market price.
 
"Foreign exchange reserves rose from US $ 40 billion to US $ 62 billion and diversification of the currency basket to support balance of payments and crisis response
 
Economic development.
 
The coordination with the Ministry of Finance in the management of public debt to support the budget and funding the deficit during the financial crisis experienced by Iraq because of the drop in oil prices, the issuance of national bonds in the international financial market worth $ 2 billion, as well as the provision of new products to invest liquidity of commercial banks and investment and support 
 
Profitability ".

 
Issuance of bonds
 
She pointed out that "the last period saw the issuance of bonds for the receivables of contractors after being audited by the Ministry of Planning and the Federal Financial Control Bureau, as well as the issuance of bonds to farmers on behalf of the Ministry of Finance and this move reflects a shift in a broader vision for the management of government public debt by the financial authority and monetary authority "He said.

 
Financial Inclusion
 
"We have supported the electronic collection of government fees, the facilitation of payments to citizens, the signing of a memorandum of understanding with Visa International, MasterCard International and Yunin-B International International to support the strategy of financial inclusion and the provision of electronic payment cards to citizens to urge them to work with the unified international bank account, Through bank accounts internally
 
And externally. "
 
Electronic payment
 
"The standardization of the sukuk security standards to increase confidence in exchange and encourage traders to deal with electronic payments instead of cash, electronic payment companies in order to support electronic operations and the issuance of license cards payment to banks, as well as linking banks and sites of the Central Bank of Iraq with data centers bank by cable To enhance the infrastructure of the banking sector and to increase the security of information and networks on the speed of data transmission Sizes
 
Big ".

 
Financial operations
 
On the developments witnessed by the Central in the payments sector confirmed "the establishment of the National Bank to settle payments between banks and increase electronic financial operations between banks, companies and citizens, support electronic collections of government departments and facilitate 
 
Ways of payment to citizens ".

 
Memorandum of Understanding
 
"We have signed a memorandum of understanding with Visa International, MasterCard International and Yunin-B International International to support the strategy of financial inclusion and the provision of electronic payment cards to citizens. , As well as linking the banks and the Central Bank of Iraq with the bank data centers by optical cable Aziz infrastructure for the banking sector, increasing the information and network security, as well as high-volume data transfer speed. "

 
Localization of salaries
 
The launch of the localization of salaries for all public sector employees through the transfer of salaries to employees' bank accounts, as well as the easy receipt and withdrawal of salaries through the available payment channels, bank branches, ATMs, Points of sale, and enjoy the many advantages of bank accounts. "


 
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The Ministry of Justice converts daily procedure into a contract system

The Ministry of Justice converts daily procedure into a contract system

Written by: mohanadat:April 17, 2019In: Iraq News , Top NewsNo Comments

Al-Nour News / Baghdad The 
Minister of Justice and the Agency of the two banks Rikani on Wednesday approved the transfer of all wage earners in the judicial departments to contracts based on the provisions of the Council of Ministers Resolution No. (12) of 2019.

According to a statement by the ministry, "Al-Nour News" announced the Undersecretary of the Ministry of Administrative Affairs Abdul Karim Faris, "The Minister of Justice / Agency approved the transfer of all workers daily wage in our judicial services to contracts based on the provisions of Revolution Command Council Resolution No. 603 of 1987 "He said.

Fares added that "the installation will be carried out in accordance with the contract formula approved by the General Secretariat of the Council of Ministers. The nature of work in the contract shall be determined in accordance with the requirements of the concerned department and not inconsistent with the provisions of the Labor Law No. (37)."

He pointed out that "the organization of contracts and the lifting of the signature has been determined by a maximum of (10) days and from the date of obtaining the approval of the Minister on 11 April 2019."

Post on the web sites!

http://alnoornews.net/archives/212563/وزارة-العدل-تحويل-الاجراء-اليوميين-ال/

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Editorial date: 2019/4/18 14:30  106 times scheduled
Al Rasheed Bank launches the comprehensive banking system in its branches
{Baghdad: Al-Furat News} Rasheed Bank signed a contract for the comprehensive banking system, which will be applied in its branches.
The information office of the bank received the agency {Euphrates News} a copy of it that "the application of this system will achieve speed and ease and stay away from routine." 
He pointed out that "this system is in place in international banks and will depend on the use of modern technology in banking transactions."
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Thursday, April 18
 
 
Search Bigger
 
 

Alsumaria News / Baghdad 
Al-Rasheed Bank announced on Thursday the implementation of the comprehensive banking system in its branches, indicating that the system is in place in international banks. 

"The bank has signed a special contract for the comprehensive banking system, which will be applied in its branches," the bank's information office said in a statement received by Alsumaria News. 

He added that "the implementation of this system will achieve speed and ease and away from routine," noting that "this system is in place in international banks and will depend on the use of modern technology in banking."


And the comprehensive banking system is the use of advanced electronic equipment and software and use in all transactions of the bank and provide various banking services to its customers.

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Al-Rasheed adopts the application of the banking system, which achieves speed and ease and avoids routine

18/04/2019 04:07 PM | Number of readings: 541
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Al-Rasheed adopts the application of the banking system, which achieves speed and ease and avoids routine
 

 

Al-Rasheed Bank announced on Thursday the implementation of the comprehensive banking system in its branches, indicating that the system is in place in international banks. "The bank has signed a special contract for the comprehensive banking system, which will be applied in its branches," the bank's information office said in a statement received by Al-Ahed News. He added that "the implementation of this system will achieve speed and ease and away from routine," noting that "this system is in place in international banks and will depend on the use of modern technology in banking."

Edited by 6ly410
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Al Rashid announces the implementation of the comprehensive banking system in its branches

15:43 - 18/04/2019
0
 
  
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Information / Baghdad ..

Al-Rasheed Bank announced on Thursday the implementation of the comprehensive banking system in its branches, indicating that the system is in place in international banks.

"The bank has signed a special contract for the comprehensive banking system, which will be applied in its branches," the bank's information office said in a statement received.

He added that "the implementation of this system will achieve speed and ease and away from routine," noting that "this system is in place in international banks and will depend on the use of modern technology in banking transactions

https://www.almaalomah.com/2019/04/18/401037/

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  • yota691 changed the title to Automation of public finances

Automation of public finances

Wednesday 24 July 2019 92

Automation of public finances

 
Dr.. In the name of Brahimi
 


Recent studies indicate that the transfer of payment and collection in the field of public finance from payment and receipt of cash to electronic payment or receipt has contributed to the achievement of financial savings estimated at (320) billion dollars annually in developing countries.

 Taxation in India has contributed to a 50 percent increase in the tax base in less than a year. In other countries, the digitization of tax systems has contributed to a 20 percent increase in tax revenues. The increased use of large data technology Efficient collection of indirect taxes as well as combating tax evasion.
The process of digitizing the public finances has significant positive effects in increasing the efficiency of social transfer systems, raising the efficiency and transparency of public procurement systems, as well as building detailed, timely and short-term databases that enhance economic and financial planning, especially in the field of budget building and monitoring, The public expenditure and the consequent requirements of the control and requirements for the preparation of the general budgets, as well as easy to assess the expected impact of financial policies on the behavior of economic actors and levels of tax compliance and the impact of any policy on the planned variables included on Both sides of the revenue 
And expenditures. 
What do we need for fiscal consolidation? It is important that we can take advantage of the financial infrastructure set up by the Central Bank of Iraq in banks in recent years, which is a shift Sophisticated and updated international developments in this field, as well as we need a human cadre to be able to handle these 
the changes.
This is not difficult for the Iraqi youth to have the intelligence and ability to learn. Here, too, the opportunities offered by some international organizations in the field of training can be taken advantage of, and the other need, which I believe is of high importance is the political will and the ability to implement. Public finance will face major challenges in the networks of corruption benefiting from the system of government manual work, do we have the will to achieve digitalization of finance 
the public?
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  • yota691 changed the title to Valid appearance: The adoption of fingerprint in electronic payment legal immunity

Valid appearance: The adoption of fingerprint in electronic payment legal immunity

 
Baghdad / morning 
 


Emphasis on the importance of the adoption of biometric (fingerprint) in electronic payment is necessary; being more discreet and secure in transactions and difficult to be manipulated by virtue of different fingerprint from one person to another, it raises the confidence of the beneficiary of electronic payment technology, and confirms that the customer himself is the real beneficiary of this service . 

 
Financial Advisor to the Prime Minister d. Mutahhar Mohammed Saleh stressed that "the adoption of biometric (fingerprint) in electronic payment is more stable and secure in financial performance, especially that the country is looking forward to the development of this joint after witnessing a great interaction between the beneficiary citizen and mechanisms of work," pointing out that "the adoption of fingerprint limits Of cases of manipulation in all its forms that may accompany the process of electronic payment, especially since the fingerprint is different from one person to another and the impossibility of a similarity By that. "
 
Impossibility of forgery 
He added, "Adoption of the system of fingerprint work requires the actual presence of the applicant and the drawer, and thus the cases of fraud is impossible." Can be delegated in any way. "
Member of the Baghdad Economic Forum Jassem al-Aradi urged the need to be a footprint in electronic transactions, which raise the rates of safety in dealing between human and advanced technology, as it represents the role of guarantor against any manipulation may be practiced in private accounts.
 
Advanced technology
He pointed out the importance that "the concerned authorities begin to support this trend and expand its spread by adopting the best advanced technology, especially that the country has human resources capable of dealing with developments in the field of finance globally and adopted in the country," pointing out that the size of the cash mass in the houses They need safe financial mechanisms to be transferred to the banking system to contribute effectively to the process of development and economic construction in all sectors. "
Aradi pointed out that "the experience of a mixed financial sector that achieves tangible successes is very important and comes to the benefit of the national economy, especially when the mechanisms of work under the supervision of the Office of Financial Supervision," stressing the importance of having national institutions capable of managing the financial sector in accordance with the mechanisms of international work for the role In attracting the global effort towards Iraq, the owner of an unspoiled economy is a kiss for major companies classified in 
Globe. "
 
National institutions
Between Aradi that the global smart card company, which is a national institution and a mixed sector foundations for electronic payment can be the focus of the great launch of the development of this financial joint in cooperation with the Central Bank of Iraq, the sectoral body that is responsible for supporting national institutions and the development of mechanisms and work evaluation, to be an integration in performance It results in successes that encourage the creation of local companies exclusively to promote competition and operate in sophisticated ways. 
 
Confidential information
He warned that "the national companies specialized in electronic payment is very important and can be a guarantor of the confidential information of the various security services, and there are regional experiences initiated the establishment of national electronic payment companies to achieve local economic and security benefits, as happened in the Republic of Egypt, which obliges us to settle The salaries of the security services in national institutions and within the framework of local payment cards. "  
It is noteworthy that the adoption of the fingerprint during the last period was able to discover more than 30 thousand double salaries in one of the departments, especially that the company K Card, for example, carrying the system of advanced fingerprint even on the MasterCard system and provide service to seven million subscribers she has. 
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  • yota691 changed the title to Experts confirm the adoption of the fingerprint in electronic payment
 
 
 2019/09/22 05:04:54
 


A number of experts renewed the importance of the adoption of biometric (fingerprint) in electronic payment is necessary; being more discreet and secure in transactions and difficult to be manipulated by virtue of different fingerprint from human to human, it raises the confidence of the beneficiary of electronic payment technology, and confirms that the customer himself is the real beneficiary of This service.
Financial Advisor to the Prime Minister d. Mutahhar Mohammed Saleh stressed that "the adoption of biometric (fingerprint) in electronic payment is more stable and secure in financial performance, especially that the country is looking forward to the development of this detailed after witnessing a great interaction between the beneficiary citizen and mechanisms of work," pointing out that "fingerprint adoption limits One of the cases of manipulation in all its forms that may accompany the process of electronic payment, especially since the fingerprint is different from one person to another and the impossibility of a similar. "
He added, "The adoption of the system of fingerprint work requires the physical presence of the applicant and the drawer, and thus cases of fraud are impossible." can deputizing them in any way. "
Member of the Iraqi economists Association Akram Abdel Aziz said that" everyone is looking for safety in the completion of financial operations, and when it is part of man is different from all human beings the secret key to enter the money, the process, at the highest degree of safety , Which requires that we focus c Our interest in the adoption of the footprint, especially after the adoption of the National Key Company for more than 10 years and achieved great success in this area and was able to change the form of payments in a way that serves the national economy.
The Economic Jassim Al - Aradi , a member of the Baghdad forum urged the need to be a footprint mainly in electronic trading, which increases the safety ratios in dealing between human and cutting - edge technology, it also represents the role of the guarantor against any manipulation may be practiced in private accounts.
"Aradi that experience the presence of a mixed financial sector to achieve concrete is success in the very important and comes benefit of the national economy, especially when the mechanisms under the supervision of the Office of financial supervision.
warned that specialized payment e - national companies is very important and can be a guarantor of confidential information security services Li differ, there are regional experiences initiated the establishment of payment of electronic national companies to achieve economic security and local benefits, as happened in the Republic of Egypt, which requires us to endemicity security services salaries in national institutions, and within the framework of local payment cards. "

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137611.jpg?width=750&&height=375

 
2019/09/27 21:26
  • The number of readings 3557
  • Section: Iraq
  •  

The Ministry of Communications contracts with an unlicensed company from the Central Bank

Baghdad / Obelisk: reveal documents, received to the obelisk, on Friday, the contract of the Ministry of Communications with an unlicensed company from the Central Bank of Iraq.
The documents showed that the Central Bank of Iraq reveals to the Ministry of Commerce about the lack of information about the company "completion" to carry out electronic payment services projects as well as that this company is not authorized by the Central Bank,

According to the documents, the Central Bank requests the ministry not to promote books to ministries on the subject of electronic collection in the future. 

The Obelisk

137610.jpg

 

 
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  • yota691 changed the title to The Central Bank directs banks to provide their services via mobile phone

The Central Bank directs banks to provide their services via mobile phone

 

28 2019-09-30
57eb91b18bc47.jpg
 
 
 

The Central Bank of Iraq, on Monday, banks to provide services via mobile phone.

"In light of the bank's strategy to achieve financial inclusion, improve digital banking services and modern technologies, to ensure that these services are easily accessible to various segments of society, the bank has directed all licensed banks to provide mobile banking," the bank said in a statement.

He added that "this service ensures the facilitation of banking services to beneficiaries, and ensure the availability of protection and confidentiality systems for them, to be implemented within a specified period of time from the issuance of instructions from this bank."

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Speaking of mobile phones....  I continue to receive text messages for donations of $45 or $35 to President Trump.  Receiving 2 or more everyday, I reply "Do you take Iraqi Dinar" or "I'm willing to donate 1 million Iraqi Dinar".

 

Timing is everything. WWG1WGA. Patriots

Edited by 82Corp.
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4 hours ago, 82Corp. said:

Speaking of mobile phones....  I continue to receive text messages for donations of $45 or $35 to President Trump.  Receiving 2 or more everyday, I reply "Do you take Iraqi Dinar" or "I'm willing to donate 1 million Iraqi Dinar".

 

Timing is everything. WWG1WGA. Patriots

I get those texts multiple times daily as well!

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On 4/19/2019 at 6:44 AM, FROSTYJACK said:

 More good news from the bank. They are ready to go international. And I’m sure you all know what that means. 😎

 

Yep....ready to flip the switch OR another reason for corrupt politicians to sand bag this thing a bit further. Apparently countless untold billions of $$$$ still need to be embezzled. 

 

One way if the other....we’re about to see which it is.

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  • yota691 changed the title to Banking commitment and the political position .. Ahmed Al-Hajj

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