Mobile Banking, Branchless Banking, and Value Added Services with Novatti

Banking Made Simple
Mobile Banking
Branchless Banking
Banking Value Added Services
© Novatti 2014 www.novatti.com Commercial In Confidence 1

Novatti Pty Ltd
Who is
Novatti?
What do
we do?
How do
we help?
Novatti has been a developer and supplier of Mobile Financial Solutions since
1996, with core development and R&D located in Melbourne, Australia.
Novatti is an IBM Advanced Business Partner based on a range of selection
criteria including the architecture and performance of its solutions.
Innovative payment technology and solution provider to a global base of Tier 1
and smaller service providers and start-ups.
We provide real time application solutions to Financial Institutions & Mobile
Operators.
Mobile Banking
Branchless Banking
With our multi-service platform, we enable them to extend their product
portfolio – taking robust, integrated new payments services to market
quickly and cost-effectively.
Domain experts in real-time transaction processing and payments platforms.
We help our customers take advantage of the rapidly-expanding marketplaces
of mobile and unbanked users – as well as differentiating their services to
acquire new customers and increase revenues from their existing base.

Novatti Strengths
• Domain knowledge
• Proven core technology
• Flexible, agile, adaptable
• Highest security standards
• Established global clients
• One platform - all services

1. Mobile Banking

Mobile Banking
• Safe and Secure
• Easy available access channels
– Mobile
• SmartPhone App
• JAVA App
• USSD
• SMS
– Tablet/Web Portal
• Self service
– Gives the client control over their own money
– Less people at the branch
– Client saves unnecessary trips to the branch
– Bank saves $$$
• Available round the clock 24/7/365

Mobile Banking Services
• View Accounts
• Check Account History
• Check Rates
• View Cards
– View credit/debit cards details and balances
– Review transaction history
• View Loans
• Transfer Funds
– Between your own accounts
– To 3rd party accounts
• Locate ATMs
• Pay Bills
• Topup prepaid cards/airtime/utilities
• Mobile alerts
• Targeted marketing

2. Branchless Banking
(Agent Banking)

Bank Motivators
• Limited number of physical bank branches, due to high
expansion costs.
• Telco Operators - mobile money, taking over unbanked
population.
• High core banking license costs.
• Grow client base
• Access to Remote & rural customers.
• Grow income
– Government Disbursements
– International Donations
– High volume transactions
– Short & Long term growth

Branchless Banking
• Network of Agents takes the place of physical branches.
– Accessible
– Scalable
– Low cost
• Flexible platform
– Omni channel: Web Portal, POS Terminal, Tablet, Mobile App/USSD/SMS.
– Adapt to ever-changing market with ease.
– All light banking services built in.
– Additional features easily configured.
– Swift rollout of new services.
– 3rd party Mediation: Core Banking, Payment Processor, Service Providers, MM, …
• Channel for Government Disbursements
– Social service & welfare payments, salaries, pensions
• No client is lost to Telco Mobile Money.
• Flexible cost-effective license models.

Mobile wallet capabilities
Core Banking
Transfer funds in & out
- cash, bank ac
- debit/credit ac
New Customer
Sign-up
in person
Sign-up
online
KYC check
Multiple access
methods
Load tokens &
Airtime top-up
Online payment
for goods &
services
Redeem points &
tokens
- loyalty points
- goods & services
Transfer funds
between users
points

Branchless Infrastructure
Mobile
Network
SOAP, XML,
ISO8583
Novatti Payment
System
Agent and Customer GPRS, USSD ,SMS, IP
Core Banking System
Customer Agent
Service

3. Banking
Value Added Services

Bank Motivators
• Introduce new services to the market
• Keep existing clients
• Attract new clients
• Swift new service rollout
• Want to provide new innovative services cost-effectively

Value Added Services
Utility Top-up
Microfinance
Airtime Top-up
Remittances
Vouchers
Bill Payment
Local & International
Virtual Cards
Pay Anyone

Novatti Mobile App
• White labelled app ready for client
customisation
• Uses SOAP API to communicate to
Novatti platform
• Services
• Send / Get Money
• Virtual Prepaid Debit Cards
• Prepaid top-up and bill pay
• Coupons/Loyalty
• Multiple wallet fund sources – vouchers,
credit/debit cards, bank account
• Multiple wallets and currencies
• Wallet can be accessed via
– Smart Phone App
– Feature Phone SMS/USSD/STK

Transaction Security
• 3DES transaction encryption – financial industry
standard
• Authentication for every transaction via terminal
ID and/or agent M-PIN
• Transaction value limits
• Account activity limits
• Two phase approval for certain GUI actions e.g.
credit request

Financial Models
• Capital Purchase Model
• Transaction Fee / Revenue Share Model
• Happy to discuss different financial
Models!

Talk to Novatti
• Global experience in the delivery of Digital Wallet-based solutions to
telecoms operators and financial institutions
• The Novatti Payment System is a powerful, robust and flexible OEM
digital wallet platform
Shai Elnekave
VP Technical Sales
+61 406 741 098
Shai.Elnekave@novatti.com

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