Isabel talks up take up of e-invoicing system Zoomit

Source: Isabel, LogicaCMG

Isabel NV today announced that since the introduction of its Zoomit application at SIBOS 2006 in Sydney, Australia, the solution has now been implemented by the majority of major banks in Belgium.

Zoomit now has the reach to service 82% of the Belgian EBPP market which represents more than 3 million users.

The application was developed by Isabel in conjunction with LogicaCMG, a major international force in IT and business services. Zoomit is an e-invoice and document gateway service, designed to improve and streamline e-banking capabilities for consumers and businesses. It was designed as an add-on to existing internet banking portals and consolidates all financial information, including invoices, payments, contracts and payslips into a comprehensive, secure and easily accessible online banking service.

Christian Luyten, Corporate Communications Officer of Isabel commented: "91% of consumers selected internet banking as their preferred portal to access electronic invoices and payslips. Banks understood this demand from the market and were very eager to integrate Zoomit into their internet banking portals. Today, 10 banks are currently in the process of integrating Zoomit. Dexia, Fortis, KBC and Crédit Agricole are already using the system.

"Banks are under increased pressure to service their customers better, to decrease their costs and to avoid disintermediation by new competition in the market. Zoomit is the perfect tool to attract more users to internet banking by creating sticky content on the bank portal. And what is working so well for Belgium is now ready to be rolled out into Europe." explains Martin Dieussaert, Managing Director Financial Services Division from LogicaCMG

Isabel and LogicaCMG cordially invite you to visit them at Stand G23 during SIBOS in Boston to experience the new world of e-banking with EBBP.

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