Mobile Banking Solution

Mobile phone is the most used terminal device today! There are 5.3 billion mobile phone subscribers over the world (that's 77 % of the world population) and that number continues to grow. By 2011, over 85 % of new handsets will be able to access the mobile Web. In turn, Mobile financial services (MFS) (m-banking, m-wallets, remittance/transfers etc) are growing fast.

The ASEBA JiMBa mobile banking solution enables quick and secure access to financial information and services from mobile devices. It can be easily integrated with existing core banking or Internet banking applications and result in a global and highly available channel for delivering banking products and services.

Security within ASEBA JiMBa is of utmost priority. Every user application is equipped with software two-factor authentication token (mobile token) which is built-in in the application and used automatically for every server request. Every transaction is digitally signed with message authentication code token function.

Key business benefits

• There is employed the most commonly used communications channel.
• Banks can profit on small transactions or payments.
• Use of the services is geographically independent.
• Mobile operator independent.
• Complete statistical usage overview.
• Very fast navigation, small data transfers and low mobile internet costs .
• Available client support system (FAQ, Mobile phones configuration Cookbook template, self configuration web site).
• Mobile banking establishes competitive differentiation and market leadership.
• Easy to use while maintaining high security standards, provides the same experience as credit card transactions (device + PIN).

Highlights

• Currently supported on more than 1000 mobile phone types.
• Includes complete Over-The-Air client application distribution.
• A Service Oriented Architecture ensures integration with core banking services and modular system administration provides for ease of maintenance.
• The application offers a highly customizable user interface and menus in accordance with bank branding and service requirements.
• Intuitive and easy to use.
• The application uses a built-in two-factor authentication token for strong authentication and non-repudiation of transactions.
• The solution is mobile operator independent, no SIM toolkits are needed.

Key technical advantages

• Support for different mobile devices (1000+ supported mobile phones) - J2ME mobile phones, Blackberry, Windows Mobile, Android, iPhone and iPad.
• Integration with Internet banking.
• Automatic upgrades with notifications sent to the user in advance.
• Access to financial services anywhere, anytime.
• High level of security, including periods of upgrades, based on an encrypted channel while PIN is not stored or checked on mobile phone.
• Application assigned to specific user.