OREANDA-NEWS. October 23, 2009. PhER Technology, a leading provider of Internet Banking and Mobile Banking Solutions in the market of Turkish Republics, today announced that planning to penetrate into Azerbaijan Markets and opening next regional office in Azerbaijan in 2010.

PhER Technology provides software solutions to the Banking and Financial Services Industry over 10 years of experience with a scalable, reliable and flexible Internet banking platform -named as SPhERE.iBanking- to meet the needs of an expanding market. More information about PhER Technology can be found on the company’s Web site at www.pher.com.tr

SPhERE.iBanking enables financial institutions to provide their customers best-in-class Internet banking. It provides a compelling online experience, from simple account review to sophisticated payment, transfer, and self-service functionality.

SPhERE.iBanking solution is a proven Internet solution for retail and corporate banking customers. Its flexibility simplify integration with existing back-office systems and data-bases. This solution can be interfaced with any core banking solution directly or through an industry standard middleware. It provides banking customers real time access to their relationships with the bank such as account inquiries, fund transfers, credit cards, mutual funds payments and remittances. It is also highly secure and supports different authentication mechanisms.