Dubai PR Network, Online Press Release from Dubai and Middle East
 
Banking & Insurance(Banking & Investments)
Filter PR by
  
Cairo Amman Bank Adopts the Latest Technology to Enhance Performance and Security for its Digital Banking Services through Aruba
 
Cairo Amman Bank Adopts the Latest Technology to Enhance Performance and Security for its Digital Banking Services through Aruba

DUBAI, UAE – 22ND June, 2020 – Cairo Amman Bank PLC. (CAB), is a public limited company located in Jordan, Palestine and Bahrain. Ever since its establishment in 1960, the Bank has been providing an inclusive range of services and successful banking solutions to fulfil the needs of its customers. CAB has deployed state-of-the-art networking technology from Aruba, a Hewlett Packard Enterprise company. The solutions have improved performance, reliability and security of all digital services including internet and mobile banking and have resulted in three times lower TCO than the previous network switching infrastructure.

Cairo Amman Bank seeks to invest in technological advancements and innovative solutions, which makes CAB a leader in modern technology. CAB was the first bank in the world to introduce the Iris recognition in its ATM as a means of identification, allowing customers to access their bank accounts without the need of using cards and inserting their PINs.

With two data centres, and a vast network of 91 branches and over 190 Automated Teller Machines (ATMs) located strategically across the country, secure high-speed connectivity is key to the Bank’s operations. All digital services, whether internal or external, depend on the underlying network.

In collaboration with Neogenesis, CAB replaced the switches across its entire network with the latest Aruba Campus Switching Architecture including Aruba-8400 series Core Switches, Aruba-8320 series Server Access Switches, Aruba-8320 series Aggregation Switches and Aruba-2930 POE+ enabled Edge Switches. This resulted in an immediate increase in the speed of the uplinks from 1G to 40G, enabling the enhancement of the Bank’s digital services in the long run. 

“All digital systems and services are dependent on the underlying network. Efficiency of the Bank relies highly on online and mobile banking as well as the vast availability of ATM machines in remote locations,” explained Mr. Ahmad Bilbeisi, CIO at Cairo Amman Bank.

“An example of the key performance improvement is that the processing of over 400,000 salary transfer transactions, which previously took 8 hours is now completed successfully within only 30 minutes! The time required to back up the Bank’s CCTV data has been slashed by over 75%, while the previous issues relating to skips and jitter is eliminated,” Mr. Bilbeisi added.

As a financial institution, maintaining the highest level of security is essential to CAB’s operations. The Bank therefore utilizes the inbuilt MAC authentication feature on Aruba’s switches as a form of network access control which exclusively ensures only authenticated and authorized devices are able to access the network. 

The implementation of Aruba-2930F Campus Edge Switches has empowered the Bank to take advantage of their support for PoE+ which has reduced cost and complexity of cabling for systems such as physical access control, Wireless Access Points (APs) and CCTV cameras. This has enabled the introduction of new conveniences such as an IP telephony system. 

The Bank deployed Aruba Airwave Network Management which greatly assisted in the implementation and enabled central configuration and management as well as the scheduling of updates such that these could be carried out outside of business hours without any inconvenience to customers. 

Analysing the capital and operational expenses for CAB’s network infrastructure results have shown over a five-year period, the total cost of ownership (TCO) for Aruba’s solution will prove three times less than what was previously deployed. 

Impressed by benefits that exceed the initial objectives of the project, CAB may be expanding its relationship with Aruba and NeoGenesis. The Bank is keen to further enhance the security of its network with Aruba ClearPass which will give the IT department granular visibility, monitoring and control. The Bank is on track to deploy this solution within the next 12 months and also expects to deploy Aruba’s SD-WAN and SD-Branch, Wi-Fi and location-based marketing solutions in the same timeframe. 


Posted by : Dubai PR Network Editorial Team
Viewed 5087 times
PR Category : Banking & Investments
Posted on : Monday, June 22, 2020  2:04:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Saxo Bank Launches Loyalty Program for MENA Region Clients
Next Story : WTI and Copper Bought, Gold Sold as Risk on Reigns
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Make Up for Ever Introduces for the First Time Its New Active Care-in-foundation to Revive... [4317-Views]
Two Emiratis claim GUINNESS WORLD RECORDS titles in July [4256-Views]
Parmigiani Fleurier to participate at first Watches & Wonders -Shanghai' [3772-Views]
Save up to AED 25,000 on Pre-Owned Lexus Cars with Al-Futtaim Auto Fest [2620-Views]
Panasonic Jaguar Racing Head to Berlin for a Lockdown Showdown [2562-Views]
Safe Start-up of Unit 1 of Barakah Nuclear Energy Plant Successfully Achieved [2517-Views]
Here's Why A Silicone Cleansing Brush Champions Other Cleansing Tools and Techniques [2497-Views]
Eid Al Adha Gift Guide [2382-Views]
Schneider Electric Shows They Are Acting to Build a Green and Inclusive Future for All Thr... [2374-Views]
HONOR 2020 H1 Business Achievements in International Markets [2251-Views]
Siemens Compressors Selected for Gas Reservoir Storage Project with Saudi Aramco [2239-Views]
Samsung Launches Galaxy Watch3 and Galaxy Buds Live [2079-Views]
UAE Team Emirates Back to Winning Ways [2070-Views]
Lincoln Navigator Earns Top Large Premium SUV APEAL Award for Third Year in a Row [2029-Views]
Sony Middle East & Africa Announces ‘Ready for PlayStation®5' for current BRAVIA™ TVs [2013-Views]
Highly Anticipated Sony Alpha 7S III Combines Supreme Imaging Performance with Classic “S”... [2005-Views]
IATA Calls for a Harmonized Approach to Restart Aviation in the Middle East [1976-Views]
Win Big at Dalma Mall with the ‘Eid Family Shopping Challenge' [1964-Views]
Jafza Sets a New Benchmark With ‘collaboration for Safe and Sustainable Growth' Webinar' [1947-Views]
Red Hat Launches Advanced Connectivity Integration for Event-driven, Kubernetes-based Appl... [1915-Views]
Agthia Group Announces H1 2020 Financial Results [1878-Views]
Lacoste Launches the Roland - Garros Eyewear Collection [1837-Views]
Recovery Delayed as International Travel Remains Locked Down [1820-Views]
Sharjah Shopping Promotions to Launch Live Quiz show on Sharjah TV During Eid holidays and... [1779-Views]
The Two Big Questions Being Asked by Mena Investors [1718-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories