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SmartStream Closes Deal with Libyan Bank

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Financial Transaction Lifecycle Management solutions provider SmartStream Technologies has confirmed that Jumhouria Bank, the biggest bank in Libya, has successfully gone live on its solution for the reconciliations of cash payments – the first of a two phase implementation to consolidate and automate the reconciliation process across its 170 branches to deliver real-time operational control. The SmartStream reconciliations solution is being rolled out to replace manual processes across Jumhouria Bank.

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