Asseco SEE’s Mobile Banking Solution Implemented in the OTP Banka
OTP m-banking enables simple and fast access to various types of information and making financial transactions with the use of smart phones.
OTP m-banking enables simple and fast access to various types of information and making financial transactions with the use of smart phones.
Asseco SEE, the leading IT company in the field of Mobile Banking and Authentication solutions, and the OTP banka Croatia finished successfully the implementation of the ASEBA JiMBa mobile banking solution in the OTP banka. After the implementation of Asseco SEE's solution, the bank's clients have a new application at their disposal, which enables them to make financial and tracking transactions on iOS/iPhone and Android mobile phones.
The ASEBA JiMBa mobile banking solution or the OTP m-banking service offers different functionalities that can be performed anywhere and at any time, independently of working hours of branch offices and without the use of personal computer. Some functionalities of the service are: internal and external payment orders in domestic currency, internal money transfers, saving and updating of templates for payment orders and internal transfers, insight into the balance of savings, credits and shares in investment funds, calculator for exchange rates, deposits and credits, purchase and selling of foreign currencies.
The use of the OTP m-banking application on iOS and Android mobile platforms is highly secure. The application is protected with the personal PIN which is known only to the user of the mobile device. A built-in mobile token provides user security in cases when mobile phones are stolen or lost. PIN and accounts related data are not stored in mobile phones, what guarantees confidentiality of data. The application shuts down automatically after 3 minutes of non-activity and locks up after 3 consecutive entries of a wrong PIN. The OTP m-banking brings some novelties into mobile banking services available on the Croatian market in a form of functionalities which are available prior to log in even to end users who have not activated the application: location services related to the search of ATMs and branch offices in the neighbourhood or by cities, exchange rates and a demo of mobile banking service. Pre-login functionalities are implemented through “bubbles” swipe screens.
“The OTP banka works intensively on the introduction of new technologies in banking services and mobile banking is one of them. When we were developing the service, security was the most important element, but we also wanted to utilize maximally the “look & feel” possibilities offered by smart phones. This is how we developed the attractive application that we have today. We have been cooperating successfully with Asseco SEE for many years. Their expertise and experience in the area of security and creative solutions confirmed them as a reliable partner in this project” said Balázs Békeffy, President of the Management Board in the OTP banka.
„Thanks to the mobile banking, monitoring of finances and payment transactions can be done on the go, what brings flexibility to end users, and this is the reason why more and more banks are introducing this service” said Drazen Pehar, President of the Management Board in Asseco SEE Croatia and added: „Every new mobile banking service on the market brings something new, in functionalities or in design and application navigation. The OTP m-banking follows the trends and uses technological abilities of iOS and Android operating systems, what, we believe, will be recognized by end users.”