TBC Uzbekistan has announced the launch of a fully digital payroll processing feature tailored specifically for SMEs. The new payroll infrastructure integrates directly into TBC Business, Uzbekistan’s very first fully digital financial services platform dedicated exclusively to commercial enterprises, The Fintech Times reports.
TBC Uzbekistan is part of the London-listed TBC Bank Group, a fintech ecosystem which says it aims to deploy the capability to systematically eliminate traditional processing delays from corporate banking.
Managing corporate payroll within emerging markets has reportedly been bound by strict central banking operating hours, forcing entrepreneurs to navigate rigid processing windows that freeze capital over weekends and national holidays. According to TBC Uzbekistan, the newly updated TBC Business architecture resolves this operational bottleneck by providing business owners with continuous, 24/7 transaction processing capabilities.
The automated framework allows corporate administrators to initiate salary distributions at any time of day or night. Transactional funds are routed through the ecosystem instantaneously, ensuring that employee salaries are immediately credited to their dedicated TBC Salom debit cards without the multi-day clearing friction typical of legacy infrastructure.
In addition to core payroll automation, the platform includes specialised SME lending programs natively embedded into the banking stack, alongside a standalone TBC Business mobile application built to handle advanced corporate treasury workflows. This commercial ecosystem has been reinforced by the strategic acquisition of BILLZ, Uzbekistan’s leading retail management software platform.
BILLZ unifies inventory analytics and business cash flows.
“At TBC Uzbekistan, our overarching mission is to take the hassle out of financial services and make people’s lives easier,” Nika Kurdiani - CEO of TBC Uzbekistan - said. “We have applied this vision to growing our market-leading consumer offering and are now focused on scaling our business offering in the same manner. This new payroll feature helps automate routine financial processes for SMEs at no additional cost, freeing up time for entrepreneurs to focus on scaling their businesses, while ensuring employees benefit from a seamless digital experience when receiving their salaries.”
Source: The Fintech Times
(Quote via original reporting)
TBC Uzbekistan has announced the launch of a fully digital payroll processing feature tailored specifically for SMEs. The new payroll infrastructure integrates directly into TBC Business, Uzbekistan’s very first fully digital financial services platform dedicated exclusively to commercial enterprises, The Fintech Times reports.
TBC Uzbekistan is part of the London-listed TBC Bank Group, a fintech ecosystem which says it aims to deploy the capability to systematically eliminate traditional processing delays from corporate banking.
Managing corporate payroll within emerging markets has reportedly been bound by strict central banking operating hours, forcing entrepreneurs to navigate rigid processing windows that freeze capital over weekends and national holidays. According to TBC Uzbekistan, the newly updated TBC Business architecture resolves this operational bottleneck by providing business owners with continuous, 24/7 transaction processing capabilities.
The automated framework allows corporate administrators to initiate salary distributions at any time of day or night. Transactional funds are routed through the ecosystem instantaneously, ensuring that employee salaries are immediately credited to their dedicated TBC Salom debit cards without the multi-day clearing friction typical of legacy infrastructure.
In addition to core payroll automation, the platform includes specialised SME lending programs natively embedded into the banking stack, alongside a standalone TBC Business mobile application built to handle advanced corporate treasury workflows. This commercial ecosystem has been reinforced by the strategic acquisition of BILLZ, Uzbekistan’s leading retail management software platform.
BILLZ unifies inventory analytics and business cash flows.
“At TBC Uzbekistan, our overarching mission is to take the hassle out of financial services and make people’s lives easier,” Nika Kurdiani - CEO of TBC Uzbekistan - said. “We have applied this vision to growing our market-leading consumer offering and are now focused on scaling our business offering in the same manner. This new payroll feature helps automate routine financial processes for SMEs at no additional cost, freeing up time for entrepreneurs to focus on scaling their businesses, while ensuring employees benefit from a seamless digital experience when receiving their salaries.”
Source: The Fintech Times
(Quote via original reporting)