Banking

Solutions

The SourceTrace Systems ESE™ for Banking Module creates virtual bank branches from off-the-shelf wireless handsets:

• mobile phones,
• point of sale (POS) devices,
• and PDAs

This gives rural customers direct, secure access to their accounts and empowering community merchants to serve as bank agents. Leveraging any existing wireless network, SourceTrace enables banks to penetrate new markets and regions virtually overnight — at incremental cost.

Financial institutions on three continents use the ESE for Banking module as an end-to-end solution to reach unbanked customers, lower costs and keep customer data secure yet highly visible.

Used with mobile phone banking and branded smart cards, and with integrated biometric readers to guarantee security, the ESE for Banking module is a turnkey, cashless banking solution for rural communities. Existing local merchants with POS or other mobile devices act as bank agents for customers with branded smart cards. The ESE for Banking module also provides customers with mobile phones with the benefits of cashless banking and a range of other services.

Banks can use their present core banking system with the ESE for Banking module or take advantage of the fully managed, ASP SourceTrace Core Banking System. The ESE Enterprise Server connects the bank MIS or hosted CBS to an unlimited number of remote handsets across many regions.

The ESE for Banking module gives banks complete control of and visibility into both customer and third-party agent access and enables banks to offer new services and programs or update current services on the fly.

* Organelles is an official partner of Source Trace to distribute their ESE System in the Philippines.