eWallet

Industry
Banks & Financial Services
Solutions Provided
Financial Solutions
Region
Australia
Market
Largest bank in the Pacific Island Nations

Challenge

Banks in the developing markets are in need of cost-effective solutions to increase financial inclusion. The TruTeq eWallet solution can provide a fully integrated solution, closely coupled with the core banking system, but still provide an independent ecosystem to leverage the cost benefits of the TruTeq licensing models.

The Solution

TruTeq has deployed its eWallet solution at financial institutions in the developing markets to aid in the financial inclusion target of our customers. This solution can be deployed in conjunction with the traditional banking solution. The benefits are

✅ Easy customer onboarding.

✅ Fast access to financial rails for new-to-bank customers.

✅ Embedded fraud prevention (SIM swap detection)

✅ Seamless interaction between traditional core banking and eWallet systems.

Conclusion
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