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Sri Lanka Commercial Bank Upgrades E-banking Service
Source: lankabusinessonline.com
Source Date: Wednesday, October 17, 2012
Focus: Knowledge Management in Government, Institution and HR Management
Country: Sri Lanka
Created: Oct 23, 2012

Oct 17, 2012 (LBO) - Sri Lanka's Commercial Bank of Ceylon said its e-banking platform had been upgrade to be more user-friendly, give customers more control and better security features had been added.

"e-Banking continues to grow in significance to customers of Commercial Bank,…" Palitha Perera assistant general manager operations of Commercial Bank said in a statement.

"The new e-Banking platform is on par with that of most leading global banks, and reflects our leadership in offering meaningful high technology solutions."

The platform comes with self registration, self-addition and registration of payment recipients, customisable templates for payments, multiple payments via a single basket, and a quick Nnvigation menu, the bank said.

Enhanced security features include 2-factor authentication for third party fund transfers, two-layer login, personalised security questions; password change and third party fund transfer alerts; and password encryption and verification via hardhware security.

The e-Banking platform supports bill payments to telephone, electricity, water, credit cards, insurance, pay TV, schools and rates.

"Investing in Treasury Bills and effecting payments for share trading transactions is also possible, with self-registration of the users CDS number," the bank said.
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