NS&I licenses S1 Web banking platform

NS&I licenses S1 Web banking platform

National Savings and Investments (NS&I), the UK government-backed savings and investments provider, is deploying S1 Corporation's Personal Banking application to support its new online banking services.

The Personal Banking application will be supplied and implemented by Siemens Business Service (SBS), which manages all operational, administrative and IT services for NS&I.

The product provides Web banking customers with online enrollment, 24-hour access to account activity, funds transfer and bill payment.

S1 says the new system, which will run on its Enterprise platform, will enable NS&I to build improved online services and enhance after-sales customer service through multi-channel capabilities.

Joe Dall, head of e-business at NS&I, says: "Online sales have increased significantly over the past twelve months as new and existing customers choose to save and invest online with NS&I.

"S1 Personal Banking will enable us to further improve our Internet capabilities by allowing our customers to manage their accounts online."

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