Baku, Azerbaijan, Sept.29
PASHA Bank, one of the leading financial institutes of the country, has integrated 'Asan İmza' mobile e-signature solution into its Internet Bank portal.
Starting from September 8, 2014, 'Asan İmza' mobile e-signature has been available on the Internet Bank portal of PASHA Bank at https://ib.pashabank.az, a message from the bank said on Sept.29.
PASHA Bank offers a wide range of financial services to its clients via its Internet Bank portal. So, clients of the bank may carry out the local and international payments and currency conversion through the system, exchange of information, obtaining information about account balances and exchange rates, archiving of conducted transactions and etc. through private messaging system with the representative of the bank.
"The use of digital signature will be compulsory for the bank sector of the country soon. We are striving to keep pace with time, apply the newest technologies and are sure that digital signature will provide the clients of the bank with greater comfort and security in conducting operations," Leyla Mammadova, director of direct-banking department of PASHA Bank said.
"Until recent times there have been discrepancies between the technological capabilities of identification of the bank's clients and legislation of the country. But creation of such service as 'Asan İmza' enables using bank services as well as signing contracts without prejudice to security of the clients of the bank, without coming to the bank. So, PASHA Bank, being in vanguard in the bank market from technological point will please its clients with the application of contemporary solutions of this type in the future also," Fuad Aslanov, director of Department of development of bank systems of PASHA Bank said.
'Asan İmza' technology offers a number of important advantages enabling to expand the online banking services. The most important of these is that 'Asan İmza' is the only legal mobile electronic signature solution from the point of view of legislation of the Azerbaijan Republic and provides comfort, high validity and security for authorization and signing of the documents in electronic environment. Unlike the users of other similar solutions, the users of 'Asan İmza' mobile electronic signature have more flexible and wide range of advantages in the use of electronic services.
The advantages offered by this technology are specifically required in online banking (internet/mobile banking) systems, because the specification of operations conducted through systems of this type makes essential the extremely reliable and safe identification of user's identity.
Currently more than 350 e-services on E-government Portal (www.e-gov.az), more than 50 e-services in the Internet Tax Office of Ministry of Taxes (www.e-taxes.gov.az), and various e-services on Bankım.az, Hesab.az and other Internet portals are available for the users of 'Asan İmza' mobile e-signature.
It is worth noting that online registration feature offered by Ministry of Taxes for the individuals to register as an entrepreneur in just 5 minutes via 'Asan İmza' has gained a special popularity among the users.
'Asan İmza' mobile e-signature - is a technology that enables to use a mobile telephone as a digital identity card and signature tool. The main advantage of 'Asan İmza' technology is no requirement of using additional devices and software for reading a smart card. A mobile telephone and a SIM card which stores authentication and e-signature digital keys are sufficient for starting using this service. For more information, please visit: www.asanimza.az
Authentication and digital signature certificates used in 'Asan İmza' technology are issued by Asan Certification Services Centre (ASXM) of the Ministry of Taxes. ASXM, established jointly by the State Agency for Public Service and Social Innovations under the President of the Republic of Azerbaijan and the Ministry of Communication and High Technologies and accredited at the Ministry of Communication and High Technologies, is empowered to issue qualified certificates to the employees of state and municipal authorities, legal entities and individuals. For more information please visit: www.asxm.gov.az
PASHA Bank is a leading corporate bank in Azerbaijan. Established in 2007, it provides a range of corporate banking services including: loans, securities, asset management, and treasury services. PASHA Bank employs circa 300 people across its head office and 9 branches and was declared 'The Best Investment Bank of Azerbaijan' by the Europe Banking Awards 2011, 2012 and 2013, and 'The Best Private Banking in Azerbaijan' by World Finance in 2013.
PASHA Bank is a part of PASHA Group, a major investment holding group in Azerbaijan, which also includes significant assets in insurance, property development, production of construction materials, tourism and other businesses. Kapital Bank, one of the largest retail banks in Azerbaijan, is also owned by PASHA Group.