Oil&Gas Buisiness Issue Volume 14 | Page 53

An innovative services

english issue

AEBS plans to switch to the new product . This product is designed to anticipate the end of life of the software that is currently used by banks whose lifespan is ephemeral .
True partners , Local banks are very demanding
An Algerian solution for banking performance
Online banking is now used by all public banks and new processes are offered to users . For example , a customer of AEBS processes some 100,000 transactions on its platform for individual accounts . Besides , some large accounts are held by major industrial groups that use AEBS ’ s e-Banking platform and claim VIP service . AEBS ’ s online banking solutions are used by over 200 banks worldwide . ‘’ Security , expertise , loyalty ’’ are the key words at AEBS ’ AEBS now plans to shed imported solutions and develop a 100 % Algerian solution by 2017 . The company is currently developing a project over a two and a half year period with more dynamic options and intuitive operations . This 100 % Algerian project is being implemented by Algerian developers , engineers , researchers , and owners , as well as quality assurance testers , all of them based in Algiers . Reda Benbouzid says proudly , « This project represents a new banking model and is financed with the AEBS ’ own funds .» « The project , which has recently been refocused , will identify the latest innovations for a global strategy with the aim of effectively addressing the needs of Algerian banks and exporting the solution ,» adds Reda Benbouzid . The first migration will take place by mid-2017 , and during this period ,
An innovative services
Constantly focused on bank ’ s needs in Algeria , AEBS is working to emphasize the positive effects of the current platform and head for a technological evolution against a backdrop of integration of the solution proposed by the company to banks in Algeria and even abroad . In addition to the banking services solution , AEBS provides maintenance services . A dedicated platform is additionally offered to its customers along with greater involvement with banks , such as training services , marketing , and branch renovation .
AEBS offers and operates on behalf of banks , all online banking solutions such as remote login to view one ’ s balance , download statements , view operations , order checkbook , make a opposition to a checkbook , perform account-to-account transfers , or transfers to third parties . AEBS makes it possible for companies to perform multiple transfers to effect salary transfers to and from various banks and to individual banks through computerized data exchanges . AEBS wants to readapt standards for their implementation , including in priority the standard of the Bank of Algeria which is validated . “ Beyond all these e-banking innovations , AEBS is considering the introduction of certification , which is a great technological advance that faces a legal vacuum » rightly stresses Reda Benbouzid . This innovation may be hampered by the absence of a regulatory and legal framework that support banks and are the best tools in case of intrusion or non-repudiation . Clearly , the e-banking revolution should not let overshadow new solutions , such as e-payment or m-payment , but that ’ s another topic .
OIL & GAS business / NUMÉRO 14 / Avril 2016 / 53