Prne
August 18th, 2009
LONDON - Level Four, the leading provider of open standards-based ATM software, today announced that the Mauritius Commercial Bank (MCB) has successfully gone live with its ATM Developer automated testing solution. MCB is the largest bank in Mauritius and has an ATM estate of 146 machines. Through the use of Level Four’s ATM Developer, the bank is now able to automate the testing of its ATMs, speeding up the deployment of new ATM software and services and reduce the amount of internal resource required.
Before the deployment of ATM Developer, MCB performed manual testing to ensure any change to the ATM network didn’t impact the channel’s availability. This time-intensive exercise was performed on physical ATMs and impeded the rapid deployment of software updates and service enhancements.
In view of further improving the service delivery to its clients, MCB required an automated testing and development application capable of streamlining the bank’s process and reducing the time to market for new services. The bank signed the contract with Level Four in March 2009 before going live with ATM Developer in June 2009.
By deploying ATM Developer, MCB is now able to perform thorough testing, carry out parallel testing and respond to business requirements in considerably less time than its previous manual testing process allowed. It will enable the bank to test Bunch Note Acceptance (BNA) transactions, which it plans to introduce soon, and to simulate all possible device faults without the need for physical ATM testing. Without ATM Developer, the introduction of BNA transactions would have been challenging as they require more frequent and rigorous testing of the ATM network due to the increased complexities involved.
Jean-Francois Provencal, Self-Service Banking Coordinator of MCB says: “ATM Developer is a very interesting tool. It allows us to simulate scenarios and test new ATM functionalities/screens that we want to implement. We have a range of new services and products coming soon that we wish to operate through our ATM network and being able to automate the testing will save us time and money. Being able to perform comprehensive tests from a laptop in our office and at a time convenient to us - instead of having to be physically present in the ATM labs - are a few of the benefits of having this tool. Moreover we no longer have to keep different ATM models or occupy space in ATM labs.”
Ian Kerr, CEO, Level Four, said: “This is our first contract in Mauritius and it is pleasing to see the largest bank in the country recognizing the benefits that automated testing can bring. The fact that MCB primarily deployed ATM Developer to support the launch of their own new products and services through the ATM is a testament to the significant business benefits this software brings to our customers.”
About MCB
Established in 1838, The Mauritius Commercial Bank (MCB) Limited is the leading bank in the Republic of Mauritius. It plays a key role in the country’s economy by extending its unflinching support to corporate and individual customers. It has a well established network, covering the entire country through 42 branches.
The MCB has a clear-cut strategy focused on the diversification of its network and services. Its vision is to become the benchmark reference for the provision of financial services in the region and even further, in line with the increased needs of its customers operating in the global economy.
The MCB Group has the largest network of commercial banks in the south-western Indian Ocean region. It is well established in Mauritius, Seychelles, Madagascar, Mozambique and Maldives. It is also present in Paris, Reunion Island and Mayotte through the Banque Francaise Commerciale Ocean Indien (BFCOI)- a joint venture with Societe Generale - and has a representative office in Johannesburg (South Africa).
MCB has the largest market capitalization on the Stock Exchange of Mauritius and is currently ranked 696th in The Banker’s Top 1000 World Banks. MCB was voted Bank of The Year 2008 for Mauritius by The Banker. For more information, please visit www.mcb.mu
About Level Four
Level Four’s integrated BRIDGE suite of open ATM software products have been developed to address the needs of ATM deployers seeking to maximise their investment in the ATM channel. BRIDGE is targeted at banks and ATM deployers who are running, or seeking to run, a modern ATM network based on the industry-wide CEN/XFS open standard. As a true holistic offering, BRIDGE recognises the needs of ATM deployers in the areas of installation, testing and monitoring as well as run-time ATM software.
Since 1995, Level Four has built an impressive global customer base of banks and payments processors including, Royal Bank of Scotland, Lloyds TSB, Bank of America, CIBC, VocaLink and Standard Bank of South Africa. Headquartered in Dunfermline, Level Four has offices in Dubai and Charlotte, NC. www.levelfour.com
Level Four’s online ATM industry resource: www.atmindustryinfo.com
Contacts Alexia Ward/Sole Chirco Hotwire +44(0)20-7608-4687/4673 levelfour@hotwirepr.com
Source: Level Four Software Ltd
Contacts: Alexia Ward/Sole Chirco, Hotwire, +44(0)20-7608-4687/4673, levelfour at hotwirepr.com
Filed under Banking and Financial Services, Business, New Products / Services, Technology | Tags: england, Fact, Level Four Software Ltd, London | Comment Below
Related Press Releases Perfecto Mobile Launches a New Vodafone Widgets Testing SolutionSeptember 24th, 2009 TEL AVIV, Israel - Perfecto Mobile, a leading provider of remote access and automated testing solutions for mobile devices, today announced the launch of a new testing solution for Vodafone Widgets. The solution will enable Vodafone Widgets developers from all over the world to test whether their newly developed widgets work properly on a wide variety of real mobile devices. Blancco Products Accepted for Common Criteria TestingSeptember 20th, 2009 JOENSUU, Finland -
- Disk Wipe Software First in its Category Slated for Evaluation Assurance Level 3+
Blancco, the global leader in data erasure and end-of-lifecycle solutions, today announced that its certified data erasure products are on track to earn Common Criteria Evaluation Assurance Level (EAL) 3+, augmented with ALC_FLR.3. This certification assures customers that the products have gone through a rigorous analysis and testing process and conform to standards sanctioned by the International Standards Organization. Regus Opens 1,000th Centre in MauritiusSeptember 8th, 2009 PORT LOUIS, Mauritius -
- Mauritian Director of the Board of Investment thanks Regus for bringing its expertise and network to the country
Regus, the leading provider of innovative workspace solutions, today announces the official opening of its 1,000th business centre in Port Louis, Mauritius. Coming almost 20 years to the day since the company opened its first centre in Brussels, Belgium, Regus now has a presence in 76 territories and more than 500,000 customers. Leading Service Providers Depend on Spirent Communications to Accelerate Successful 10 Gigabit Ethernet DeploymentsSeptember 7th, 2009 SUNNYVALE, California -
- Spirent QoS Scope, Industry's First 10G Ethernet Service Assurance Solution, Extends Spirent's Lab Testing Leadership in the Live Network
In an effort to not only help carriers pre-qualify new 10 Gigabit Ethernet services but also ensure their networks perform reliably once launched, Spirent Communications plc (www.spirent.com/), today introduced, Spirent QoS Scope 7500 (www.spirent.com/Solutions-Directory/~/media/Datasheets/Broadband/SAB/Q oS7500_datasheet.ashx), the industry's first 10G Ethernet service assurance solution for testing service performance in live networks. Already deployed by three of the largest service providers in the United States, the QoS Scope validates the performance of complex 10G and 1G Ethernet services such as business Ethernet and wireless backhaul. SecondFloor Introduces eFrame, a Web Based Application Framework That Enables Users to Create an Automated, Secure and Auditable Workflow Using Their Familiar Excel EnvironmentAugust 24th, 2009 AMSTERDAM and FRANKFURT - The usage of Microsoft Excel is a phenomenon many financial institutions already embrace. The program is easy to use, can be configured for the unique business needs of the user, it is user friendly and most importantly everybody has it available as part of Microsoft Office. ERCOM Opens an Office in JapanJuly 27th, 2009 PARIS - As a leading telco manufacturer focusing on telecommunications security and network quality, ERCOM announces the opening of a new office in Japan. The office was opened on June 15th, 2009. Nexperience Changes Company Name to Perfecto MobileJune 21st, 2009 TEL AVIV, Israel - New Name Highlights Company's Mission to Improve the Quality of Mobile Applications and Services
Nexperience, a leading provider of remote access and automated testing solutions for mobile devices, announced today that is has changed its name to Perfecto Mobile. The new name highlights Perfecto Mobile's mission and on-going commitment to its customers and partners to improve efficiency and maximize quality in the development, testing and deployment processes of mobile applications and services. World Finance Banking AwardsJune 16th, 2009 LONDON - The World Finance 2009 Banking Awards have been announced. The winners were: Best Bank, Cape Verde Banco Interâtlantico Best Bank, Angola Banco Espirito Santo Angola Best Banking Group, Algeria Arab Banking Corporation Best Banking Group, Argentina Banco Santander Rio Best Banking Group, Bahrain National Bank of Bahrain Best Banking Group, Benin Continental Bank Benin SA Best Banking Group, Brazil HSBC Best Banking Group, Brunei Baiduri Bank Best Banking Group, Canada Bank of Nova Scotia Best Banking Group, China & Hong Kong China Construction Bank Most Innovative Bank, Turkey Akbank Best Banking Group, Finland AlandsBanken Best Banking Group, Gabon Banque Internationale Best Private Bank, Mexico Banca Mifel SA Best Banking Group, Hungary OTP Bank Best Banking Group, India State Bank of India Best Banking Group, Indonesia Bank Mandiri Best Banking Group, Macau Seng Heng Bank Best Banking Group, Malaysia Public Bank Berhad Best Banking Group, Mauritius Mauritius Commercial Bank Best Banking Group, Morocco Banque Marocaine Best Banking Group, Namibia First National Bank Namibia Best Banking Group, Nigeria Intercontinental Bank Best Banking Group, Pakistan MCB Bank Ltd Best Banking Group, Panama Banco Universal SA Best Banking Group, Peru Banco Financiero Del Peru Best Banking Group, Philippines Banco de Oro Best Banking Group, Poland DZ Polska Bank Best Banking Group, Russia Uralsib Bank Best Banking Group, San Marino Cassa di Risparmio della Repubblica Best Banking Group, Singapore DBS Bank Best Banking Group, Sri Lanka Commercial Bank of Ceylon Best Banking Group, Taiwan China Trust Best Banking Group, Thailand Siam Commercial Bank Best Banking Group, Tunisia Amen Bank Best Banking Group, Venezuela Canarias Banka Best Banking Group, Vietnam Habubank Best Financial Institution, Trinidad & Tobago Caribbean Money Market Brokers Ltd Best Fund Manager, Saudi Arabia Jadwa Investment Most Innovative Bank, Colombia Banco Santander Best Investment Bank, Japan Daiwa Securities Best Investment Bank, Kuwait NBK Capital Best Investment Bank, Malaysia Kenanga Investment Bank Best Investment Bank, Mexico Banco Interacciones Best Investment Bank, Kingdom of Saudi Arabia FALCOM Financial Services Best Investment Bank, South Africa BOE Investment Bank Best Investment Bank, Uganda Dyer & Blair Best NRI Services Bank ICICI Bank Best Online Trading Portal, Kingdom of Saudi Arabia FALCOM Financial Services Excellence in Private Banking, APAC Region ICICI Bank Excellence in Remittance Business, APAC Region ICICI Bank Best Investment Bank, Russia Rossiyskiy Kredit Bank Most Innovative Bank, Ghana CAL Bank Most Innovative Bank, Mexico Banco Ve Por Mas SA Most Innovative Bank, Netherlands Triodos Bank Most Innovative Bank, Poland Citibank Most Innovative Bank, Sudan National Bank of Abu Dhabi
About the Awards
The World Finance awards panel, headed up by editor Alexander Redcliffe, used a wide range of criteria, and the critical eye of a collective 180 years of financial journalism to inform its decision over the most pertinent categories to include in the 2009 awards, and to establish criteria for voters to consider, such as innovation, originality and quality of product, as well as proof of market development and excellence in client representation. Spirent Communications, ServiceForce.com Collaborate to Advance Automation of Mobile Device TestingJune 1st, 2009 SUNNYVALE, California - Spirent UTS, Mobile Robot Take Mobile Device Test Automation to New Level
Spirent Communications plc (www.spirent.com), the leader in wireless network, services and device testing, today announced that it successfully demonstrated that the Spirent Universal Tool Suite (UTS) interface architecture can control ServiceForce.com's (www.serviceforce-com.de) Mobile Robot, a robotic mobile device operator. Spirent's UTS is a chipset-independent architecture used industry-wide to automate wireless device testing for UMTS, CDMA and EV-DO technologies. Level Four and Tieto Partner to Deliver ATM Testing to the Italian MarketApril 5th, 2009 LONDON - Level Four, the provider of open standards-based ATM software, today announced its partnership with TietoEnator Italia S.p.A., an established provider of IT services to deliver BRIDGE:test to financial institutions in Italy. The partnership offers a best-of-breed ATM network testing solution which combines Level Four's advanced testing software with Tieto's IT consulting and implementation capabilities.
Related News Mukherjee inaugurates 154 State Bank branches, 2,151 ATMsJuly 12th, 2009 JANGIPUR - Finance Minister Pranab Mukherjee Sunday inaugurated 154 branches and 2,151 automated teller machines (ATMs) of the country's largest lender, the State Bank of India, online here. This is the largest number of branches opened by the bank on a single day. Mauritius hiring only women from Indian subcontinentJuly 17th, 2009 DHAKA - Mauritius is phasing out male workers and hiring only women from India, Pakistan and Bangladesh, a newspaper report here said Friday, quoting a local labour recruiting agent. The recruiting agent, who was not named, said the southern African island nation would not send back workers before their job contracts expire but it now has a policy of not hiring male workers from Bangladesh, Pakistan and India. Maneka seeks ban on using animals for lab experimentsAugust 19th, 2009 NEW DELHI - Animal rights activist and MP Maneka Gandhi has written a letter to the governor of Puerto Rico seeking a prohibition on importing monkeys to that country from Mauritius for laboratory experiments. "After learning about a proposal to construct a massive monkey-breeding facility in Guayama, Puerto Rico, MP Maneka Gandhi has sent an urgent letter to Puerto Rico Governor Luis Fortuo asking him to stop Bioculture, a company that sells monkeys to laboratories, from completing plans to capture monkeys from their home in Mauritius," said a statement from People for Ethical Treatment of Animals (PETA). Global Investment House, Kuwait's largest investment bank, reports first ever annual lossApril 26th, 2009 Kuwaiti investment bank reports first ever lossKUWAIT CITY — Kuwait's largest investment bank, which has been struggling with debt, says it has reported its first ever annual loss. Global Investment House said Sunday its overall net loss for 2008 was 257.6 million dinars ($888.3 million) compared to a profit of 91.4 million dinars in 2007. Sehwag, Gambhir shine in Delhi Daredevils victory over Mumbai IndiansMay 21st, 2009 CENTURION - Delhi Daredevils skipper Verender Sehwag and opener Gautam Gambhir led their team to a thumping victory over Mumbai Indians on Thursday. Delhi Daredevils won the toss and elected to field first. No new voluntary disclosure scheme: PranabJuly 14th, 2009 NEW DELHI - The government is not considering a fresh disclosure scheme for unearthing hidden wealth even as talks are underway with Mauritius to ensure Indians are not able to park their ill-gotten wealth in the island nation, parliament was informed Tuesday. A committee was set up in 2004 and has made some recommendations but I am not enamoured with another disclosure scheme, Finance Minister Pranab Mukherjee said during question hour in the Rajya Sabha. No charge on withdrawing cash from other bank ATM's from April 1March 29th, 2009 NEW DELHI - The Reserve Bank of India's (RBI) directive to the banks to stop charging fee for cash withdrawals using ATM and debit cards issued by other lenders will be implemented from April 1 onwards. According to the directive, the people would be saved from paying an extra fee for taking out money from an Automated Teller Machine that does not belong to their own bank. SunTec wins two strategic customers in Middle EastSeptember 16th, 2009 TRIVANDRUM/UNITED ARAB EMIRATES - SunTec, the leading provider of Relationship-based Pricing and Centralized Billing solutions, has announced two strategic wins in the Middle East region, one of which has helped the company to gain a foothold in Port Operations Billing - its fifth operating domain. One of the largest banks in UAE has invested in SunTec's Relationship-based and Centralized Billing solution, while a leading Port Operator of the region has signed up to SunTec to automate and centralize the pricing and billing operations for their vessels as well as cargo operations, helping them to offer a convergent bill to customers and effectively manage multiple contracts. Citibank to continue recruitment in India despite slowdownMarch 6th, 2009 KOLKATA - US-based financial power house Citibank may be facing one of its worst crises in its home territory. But the bank Thursday said it would continue with its recruitment process in India. South Africa drub Australia in fourth One-dayerJanuary 25th, 2009 ADELAIDE - South Africa handed an eight-wicket drubbing to Australia to take an unassailable 3-1 lead in the five-match One-day International series here Monday. After bowling out Australia for a modest 222, South Africa romped home with stand-in opener Hashim Amla (80 not out) and A.B.
|
|
