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Euronet Internet Banking Solution
Euronet Internet Banking is completely customizable, highly personalized and offers financial institution branding to help organizations attract more customers and offer new services to their existing customers. With Euronet's Internet Banking (EIB) solution, the financial institutions' retail and commercial customers have instant access to their transactional information, 24 hours a day, 7 days a week. Account holders can transfer funds, make balance inquires, monitor account activity and pay bills. Euronet's Internet Banking service objective is to enhance customer loyalty while delivering the services your banking customers want today.
According to Celent Communications, Internet banking has entered into a mature phase, providing features and functionalities that clearly contribute to return on investment. Technological improvements have made applications increasingly reliable, scaleable, flexible and customizable, causing financial institutions and consumer satisfaction to steadily increase. According to the Online Banking Report Forecast, in the US alone approximately 45 million Internet users will access online banking services by 2008.
With rising competition, banks will need to add new online services to differentiate their banking programs from those of their competitors. Since most banks have spent years and millions of dollars building their corporate brand, Euronet Internet Banking gives financial institutions the ability to recoup on their investments. Now at the click of a button, financial institutions can leverage their unique brand and the Internet to deliver their message and products with their own unique feel.
Benefits
- Fully integrated with Euronet's ITM
- Multilingual
- Multicurrency
- Cost-effective
- Easy to implement
- Reducing cost of processing paper payments or transactions
- Provides competitive necessities with electronic bill payment
- Customer self-fulfillment
- Long-term benefit results in product delivery, driven by automated customer relationship services
Features & Functions
- Accounts summary
- Account detail
- Account history
- Cheque inquiry
- Funds transfer
- Bill payment
- Bank defined screens
- Information and supply requests
- Stop payment request
- Cheque reorder
- Deposit slip reorder
- Statement reorder
- Secure messaging
- Small-business functions including transfer, bill pay, wire transfer and standing order with submitter/approver authorization processing
- Euronet's four-tier system security strategy including Thales Websentry/HSM password encryption/validation
- Card activation
- Hot card blocking
- File upload
- Password change
Operating System Platform
Euronet’s operating system platform provides our customers with an efficient IT infrastructure for resilient business processing. Several of Euronet’s solutions rely on the IBM® i operating system® running on an IBM Power™ Systems server, which integrates a trusted combination of relational database, secure Web services, networking and storage management capabilities.
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