Today, April 20, in the frame of upgrading and developing portfolio of its digital services, Baltic International Bank launches its new internet banking offering improved functionality, increased user friendliness, as well as updated security solutions.

Head of Digital Channel Development, Product Development Department, Baltic International Bank, Jānis Osis told:

“We have introduced new platform that allows us to be more efficient, faster in our further development, introducing modern and innovative solutions. Project focuses on two important factors: security that has become essential in today’s world, second, user-friendliness that to a large extent sets the rules in the digital environment allowing the User to work intuitively, comfortably, using the device that is available at the particular moment whether it is a phone, computer or tablet."

Home screen provides information about the payment accounts and products with the possibility to tailor them to individual requirements of each client. For the user friendliness we have developed easy-to-navigate internet banking that will allow: to conveniently access and make payments, receive information about transactions in the account, control payment accounts, information about payment cards, fixed-term deposits and loan status, as well as to apply and make changes in the services of the Bank.

New internet banking allows to perform multi-level payment signing and application approving option, will offer fast payment function, selecting them from the list of recipients. We also developed a smart payment form that modifies according to the information client enters. For the fast and comfortable processing of several payments we have introduced payment import and payment summaries export, added search function, as well as possibility to approve several payments at once. New improvements will allow making financial statements and performing transactions in a simple and comfortable way.

Baltic International Bank developed the new internet banking in cooperation with ETRONIKA - an award-winning Fintech company, with a track record of more than 20 years, providing innovative products and solutions for financial institutions, of all sizes throughout the world.

“We are glad Baltic International Bank trusted our digital banking platform BANKTRON for this very important transformation. Users should definitely enjoy the new internet banking as Bank’s representatives set high standards for usability, security and flexibility of the platform."

– stated Arnoldas Jankūnas, CEO at ETRONIKA.

“Created using low code approach, new digital banking serves as a powerful platform for rapid banking products development and launching, thus from now the bank will be able to respond to the needs of the clients’ or regulatory requirements in a fraction of time.”

In the developing of the new internet banking Baltic International Bank cooperated with Confero Technologies - Latvian IT technologies development company bringing together high-class professionals to provide various solutions for financial institutions.

“We are proud that in frame of the new internet banking development project Baltic International Bank entrusted us to develop and introduce solution for the provision of the customer service continuity and connect new internet banking to other information systems of the Bank. We are pleased that this integration was performed on the modern Apache ServiceMix platform that will secure increasing operational stability of the new internet banking”,

— emphasizes Sergejs Mazurs, CEO at Confero Technologies.

Transition to the new internet banking will take place gradually

Until May 31 both the new and the existing internet banking version will operate concurrently. As of June 1 only the new version of the internet banking will be available to the clients. Every user of the internet banking will receive a notification in the e-mail that the data transfer is completed. Baltic International Bank clients who have started their cooperation with the Bank after April 20 will be connected to the new internet banking version.

 

More information:

Ilze Vītola

Deputy Head of Marketing and Communication Department

Baltic International Bank

Riga, 43 Kalēju Street, LV-1050

Mob. + 371 28737791

www.bib.eu

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