EBank facilitates digital banking with Fiorano
Enterprise integration provider, Fiorano Software this week announced that the 7th Commercial Bank in Namibia, EBank successfully implemented Fiorano ESB to fulfil integration requirements at the Bank.
EBank was recently acquired by FNB Namibia Holdings and the two have a similar vision of achieving inclusive and broad-based banking in the country, primarily utilizing technology and mobile phone banking capabilities.
The partnership will eventually enable the activation of FNB’s eWallet to EBank’s client base.
In a statement, Ebank was specifically looking for an easy to configure middleware solution to handle a host of different interfaces with the ability to be operated without on-site programmers.
With its out-of-the-box integration with Temenos T24 core banking, the Fiorano ESB perfectly suited their requirements and allowed the EBank team to swiftly set up its interfaces for various channels.
“We at EBank are impressed with the flexibility of the Fiorano ESB, Enterprise Service Bus. The application is user friendly, highly agile and enables EBank to quickly and securely set up connections with third party systems,” said EBank’s, Chief Financial Officer, Gerald Riedel.
Currently, EBank’s vision is to empower customers with branchless banking, radically increasing convenience for its customers. EBank has achieved digital banking transformation through user friendly electronic channels that enable clients to open accounts, link debit cards and transact from their mobile phone or personal computer without having to walk into a physical branch.
In addition, EBank has associations with a network of retail outlets at which EBank clients can withdraw and deposit cash and pay for goods or services at the retailer using just their mobile phones.
According to Fiorano the integrations with retail partners and other value-added services provider are complex in nature and require powerful applications to ensure that transactions flowing through these integrations are transmitted in real-time and secure.
“Fiorano ESB , underpinned with its unique peer-to-peer architecture and complimented with a pre-built library of Micro-services, empowers the bank to rapidly on board partners across multiple delivery channels,” Riedel added.
In addition, he said Fiorano’s clients, such as banks have the option to buy a multitude of different microservices/adapters that convert most known message standards or message types from one format into another. This includes various ISO, xml & text adaptors. As such, customization at core banking system level is minimal as all message format conversion is handled efficiently by ESB.