PowerCash- Internet and Wireless Delivery ChannelPowerCash is a WEB-enabled, browser based front-end channel application providing customers and potential customers as well as the bank"s users with the ability to do e-banking using Internet technology. Customer access to the bank is via the Internet, a private Extranet, or wireless connection using WAP technology.Depending on customer category, PowerCash functionality is organized into four major areas: Home Banking for retail customers Cash Management for private banking and corporate customers Correspondent Services for correspondent banks Marketing and Enrollment services for existing and potential clients The PowerCash interface is fully integrated to the banks own web site. A potential customer can enroll and open accounts starting from the banks´ public web page. The enrollment option is presented with the banks´ terms and conditions. Bank customers select a user ID and password allowing them to immediately inquire on their accounts after the opening procedure has been completed. Promotional tools are available, such as the immediate crediting of a new customer with an enrollment bonus posted at account opening. The proper validations are provided to complete the enrollment process with all the necessary legal documents before any amount can be withdrawn. A new user can immediately order a checkbook from the PowerCash ´checkbook order´ option. The client is presented with a choice of checkbook models (number of checks in a checkbook, imprint, cover, etc.), number of checkbooks and check design. The checkbook order function in PowerCash can be integrated with the checkbook manufacturer to provide automated checkbook ordering and fee charging. Users can transact with the bank using different available touch points. For cash transactions, the bank can use ATM machines that are owned by the bank or part of a broader network. Cash withdrawals are made possible from any location equipped with an ATM. The bank can issue its own branded plastic card or a card from a network such as Visa and MasterCard. Bank clients can inquire on their account balances from any touch point. The Internet option provides full-blown functionality, such as an account statement for any period of time that is in the archives (could be any length of time). A client can also download account statements in different PC formats (Quicken, Microsoft Money, Microsoft Excel, Lotus, ASCII or any PC compatible software) at their convenience. The Internet inquiry option also provides the ability to inquire on credit or debit cards issued by the bank, owned by the client but managed outside of PowerCash. Wireless SupportWireless phones compliant with WAP that deliver Internet access via a mini-WEB browser can access a client account and provide up to date account balances and account statements.WEB based PDA Wireless services also provide access to a client account for account balances and account statements, as well as other information services. AlertsAlerts can be delivered to customers via e-mail and wireless messages. Alerts will notify customers of trigger events on their accounts such as account balance overdrafts, transactions exceeding a determined size, a check with a given check number hitting an account.The banks´ account officers can send e-mail to clients from within PowerCash to an Internet e-mail address or WEB-enabled wireless device address. Automatic e-mail notifications can also be sent according to client requests. E-mail can cover a multitude of purposes, such as informing a client of a credit or a debit posted to their account. PowerCash is technologically innovative and is adaptable to the ever-changing requirements of the banking community needs. Back to Top PowerCash - Private Banking and Corporate Cash Management The PowerCash Private Banking and Corporate Cash Management module offers the following services:
Back to Top PowerCash - Correspondent Banks Cash Management The PowerCash Correspondent Banks Cash Management module offers the following services:
Back to Top PowerCash - Home Banking The PowerCash Home Banking module offers the following services:
Back to Top PowerCash - Marketing and Enrollment Services The PowerCash Marketing and Enrollment Services module can be used in virtual banking deployment over the Internet. In addition to the above listed functions, customers can inquire on general information, rules and regulations and account conditions published by the bank, and then follow an enrollment process that ends with the automatic creation of a temporary user ID and the opening of accounts. The new customer cannot use such accounts until their application has been processed and approved by the bank. The Virtual Banking component in PowerCash offers the following services for both corporate and individual customers: Customer enrollment Account opening (checking accounts, demand deposits, savings) Bank Marketing and Newsletter Services E-mail Services Multi-Level Security To support the Bank´s need for the utmost security, PowerCash provides multiple levels of security. Internet Server Security using SSL Network Firewall Security Internal PowerCash Client Security PowerCash is a trademark of AdTek Information Systems, Inc. Back to Top |