Aspidex Technologies and Interactive to provide e-Banking solutions

World IT Report, Apr 10, 2003

United Arab Emirates-based, Aspidex Technologies provider of e- banking solutions, has announced a new channel partnership agreement with Interactive Ltd, provider of advanced e-business solutions and services.

In addition to offering Aspidex's best-of-breed Internet banking solutions and services, as part of the new alliance, Interactive will present financial institutions and banks in the Middle East with a web-based infrastructure capable of providing transactional online banking operations.

"Interactive is focused on providing innovative and best-of-breed e-business and Internet services and solutions to its customer base in the Middle East," said Ziad Tassabehji, CEO of Interactive Ltd. "Our company aspires to be at the forefront of advanced e-banking solutions that meet our clients' demands, and we found Aspidex Technologies to be the ideal partner for online banking opportunities in the region," he added.

The new Aspidex Interactive channel partnership agreement provides banks and financial institutions in the region with numerous benefits including the development of transactional website, e- commerce applications, advanced marketing tools, and real-time financial market news updates.

The two companies will jointly market their services, and anticipate initial customer activity in the UAE, Kuwait, and Lebanon. -(World IT Report)