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i-flex solutions has informed the Bombay Stock Exchange (BSE) that South African Post Office Bank (SAPOB), known as Postbank, has deployed Flexcube for processing its retail banking transactions.

Postbank is one of South Africa's largest banking entities, catering to 6 million customers, with operations out of 1,100 post offices across South Africa.

Flexcube will enable Postbank to define new innovative products and services providing it with a clear competitive advantage, company added in the statement.