SECURE Web Banking by SingularLogic for secure online bank transactions

SECURE Web Banking by SingularLogic for secure online bank transactions

Athens, October 11th, 2018. Aiming at business operations optimization, SingularLogic, a Marfin Investment Group (MIG) member, developed SECURE Web Banking functionality to manage bank transactions through business software, based on the e-banking security criteria the banking industry suggests. The functionality is currently available for transactions with National Bank of Greece and Piraeus Bank, which provide the relevant connection service, while it will be gradually available for more banking institutions that will offer the service.

With Secure Web Banking, the company can process its bank transactions, such as money transfers and card payments in mass or individual payments, on line through Galaxy ERP. With automated bank notifications and auto-matching mechanisms, the functionality performs bank accounts reconciliations directly into Galaxy ERP while automatically creates the financial entries within ERP.

The connection with the web banking service occurs via Galaxy ERP directly on each bank’s website, providing maximum security during the transactions. In this way, user credentials, such as user name and password, are revealed directly and only to the relevant bank.

SingularLogic provides businesses with contemporary tools, to facilitate their daily operations, such as bank transactions, in a simple, productive and secure way.