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Pan Oceanic Bank Solomon Islands Chooses Fortunaglobal for Digital Banking Suite

Nihal Kekulawala (CEO of Pan Oceanic Bank) and Suren Kohombange (CEO, Fortunaglobal)
Nihal Kekulawala (CEO of Pan Oceanic Bank)
and Suren Kohombange (CEO, Fortunaglobal)
Fortunaglobal, one of Sri Lankans leading ICT companies recently secured
a breakthrough project for the delivery and implementation of a Digital Banking
Channel Solution for Pan Oceanic Bank (POB), Solomon Islands. The digital solution
was created under the brand name FortunaFinance, and enables a variety of services
including web, USSD and mobile applications for POB. The bank is the 4th
largest commercial bank in the Solomon Islands, and provides a range of banking
services to the public. The digital solution provided by Fortunaglobal will
facilitate the banks’ online banking services to their commercial, as well as
retail customers.
 The e-banking and business
services portal, FortunaFinance delivers a broad set of features and functions,
including: Dynamic Dashboards, budget management, expense reporting integrated
notifications and alerts, coupled with extensive Corporate finance options.

Pan Oceanic Bank chose Fortunaglobal as their online banking partner
after a rigorous evaluation process that included leading global and Sri Lankan
service providers. The bank’s requirements included mobile channel delivery,
ease of transition for incoming customers, increases in operational efficiency,
compliance with regulations, and a commitment to completing the implementation within
the shortest possible time.
The company’s consultative approach and flexibility in the rollout of
FortunaFinance was a strong factor in its selection according to POB
officials.  Commenting on the partnership,
CEO of Pan Oceanic Bank (POB),Mr  Nihal
Kekulawala said “Pan Oceanic Bank believes in a very strong digital channel
banking offering  to benefit its valued customer
base. In our evaluations FortunaFianace Digital banking suite came out strongly
in terms of its flexibility and the adoption of customer beneficial new
technology and features. We are looking forward to implement the system and
drive our customers towards modern mobile and digital banking channel facilities
“.
Pan Oceanic Bank has developed a comprehensive commercial and retail
banking platform with a highly thought of product offering to empower the Solomon
Islands’ business and personal banking sectors,  and thereby showcase the  full potential of the Solomon Islands’
financial industry as a whole. In this challenging financial market, Pan
Oceanic Bank’s implementation of FortunaFinance from Fortunaglobal will offer their
network of online banking customers a high degree of security, including a two-factor
authentication and a web application security platform for server-side
defenses.
Speaking about the partnership with POB, CEO of Fortunaglobal, Suren
Kohombange said, “This is a significant step for us cementing ourselves as a
leading player in the financial channel domain. Presently, financial
institutions of all sizes are seeking more flexible, responsive, cost efficient
multi-channeled and personalized e-banking solutions to enhance their business
propositions effectively. With seven years of industry experience in digital
and mobile solutions platform, we feel that the Suite created by Fortunaglobal
is ideally placed to serve the banking channel needs of Pan Oceanic Bank, and
that it will prove itself a significant tool in the achievement of the banks’
goals.”

Fortunaglobal, was founded in 2007 and through its subsidiary
FortunaFinance drives with a mission to provide e-banking for business via a
highly adaptive and scalable delivery platform, capable of exchanging data with
the institutions’ business customers regardless of the preferred channel or
required format. Fortunaglobal has built a flexible platform with the latest
technologies, allowing financial institutions to innovate and reach their
markets with both speed and cost efficiency.

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