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
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.