EBank deploys Fiorano enterprise service bus
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EBank, a new bank in Namibia, has implemented Fiorano ESB, an enterprise service bus to “seamlessly integrate” the bank’s core processing software with other third-party systems and channels, with a major focus on digital banking.
EBank’s core banking system is Temenos’ T24.
Fiorano says the bank “was specifically looking for an easy to configure middleware solution to handle a host of different interfaces with the ability to be operated without onsite programmers”.
The vendor adds its “out of the box” integration with T24 “perfectly suited” the bank’s requirements. Fiorano is a long-standing partner of Temenos.
Gerald Riedel, CFO of EBank, compliments the flexibility, agility and user-friendliness of the solution. Also, it “consumes a fraction of the resources normally required by similar applications thus mitigating the need to heavily invest in server infrastructure”, Riedel adds.
EBank opened for business in 2014, launched by Pointbreak Group. Its emphasis is on branchless banking – customers can open accounts, link debit cards and transact from their mobile/desktop devices without having to visit a physical branch.
The bank also has a partner network of retail outlets, where its customers can withdraw/deposit cash and pay for goods or services using their mobile phones.
Earlier this year, Pointbreak Group and EBank were acquired by another financial institution, FNB Namibia.
EBank says its new parent has “a similar vision of achieving inclusive and broad-based banking in Namibia, primarily utilising technology and mobile phone banking capabilities”. In due course, FNB’s e-wallet will be made available to EBank’s clients.
