Abu Dhabi Commercial Bank to deploy BankAway

CIOL Bureau
New Update

BANGALORE: Infosys Technologies Ltd. has announced that Abu Dhabi Commercial

Bank (Indian Operations) will be offering Internet banking services to customers

in India using BankAway, an eCommerce platform from Infosys Technologies.

Infosys will also provide security architecture, design and consulting services

to the bank.


The bank plans to offer Internet banking services primarily to retail

customers and launch advanced services to corporate customers at a later stage.

With BankAway, the Bank’s customers will be able to conduct banking activities

like account balance inquiry, transaction inquiries and funds transfers apart

from submitting requests, accessing depository services and paying their utility

bills online.

Abu Dhabi Commercial Bank deputy chief executive (India) Anthony D’ Souza

said, "Based on demands from customers for more convenience and greater

access, banks across the world are aggressively pursuing options for online

banking. Our Internet banking initiative is a major step in providing

world-class services to our customers. In this initiative, we are glad to

partner with a global company like Infosys, which is India’s leading Internet

banking solutions provider."

"The Internet has come of age in India and banks are realizing that to

stay ahead in the new millennium, it is imperative to offer Internet banking

services to their customers. Infosys is a pioneer in eCommerce and BankAway is

the solution of choice as five out of the nine Indian Banks that have committed

to Internet banking are being powered by this software," said Infosys

Banking Business Unit senior manager sales (West India), Aseem Purohit.