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Non-major launches new internet banking platform

by James Mitchell10 minute read
The Adviser

A leading challenger bank has launched a fresh new internet banking service in a joint project with Sandstone Technology.

The platform includes a host of features such as enhanced security and a new Liferay portal-based dashboard, supporting customisation and inclusion of superannuation account details along with bank account details.

ME’s brand and digital director, Ingrid Purcell, said that as a digital bank, ME has to deliver a great online experience.

“Our new internet banking portal is a significant step forward in terms of functionality and importantly allows for future development,” Ms Purcell said.

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“We built and launched the service quickly, testament to the collaborative, agile approach taken by both the ME and Sandstone teams,” she said.

“Desirable online and mobile banking is vital for supporting a fast-growing customer base, many of whom prefer to transact online. The new system was implemented with minimal interruption and has been well-received by customers."

Sandstone Technology CEO Julian Blackley said the group is excited to bring a new internet banking solution to market with ME Bank.

“The focus is on introducing new valuable and enjoyable digital banking experiences to ME’s customers, while ensuring that any future services can easily be self-created and launched by the bank,” Mr Blackley said.

“Building on our digital BankFast platform, we are able to provide ME Bank with rapid front-end innovation as well as stable and secure back-end capability.

Delivering simple yet powerful banking experiences is at the core of what we do at Sandstone and we look forward to continuing our agile engagement approach with ME Bank delivering many more projects together.”

[Related: Non-major lenders: a broker's view]

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James Mitchell

AUTHOR

James Mitchell has over eight years’ experience as a financial reporter and is the editor of Wealth and Wellness at Momentum Media.

He has a sound pedigree to cover the business of mortgages and the converging financial services sector having reported for leading finance titles InvestorDaily, InvestorWeekly, Accountants Daily, ifa, Mortgage Business, Residential Property Manager, Real Estate Business, SMSF Adviser, Smart Property Investment, and The Adviser.

He has also been published in The Daily Telegraph and contributed online to FST Media and Mergermarket, part of the Financial Times Group.

James holds a BA (Hons) in English Literature and an MA in Journalism.

 

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