News Archive 2007

11.04.2007
Mobile Signatures enable small loans withdrawal from ATMs
Turkey’s widest circulated newspaper with an over 1.000.000 copies printrun today had a 1/3 page article in the business section on mobile signatures.

Is bank started a new small loans service. Customers sign up for the service on the bank's website. And if the amount requested is approved, it can be withdrawn from an ATM.

The service is available for existing Is bank customers as well as new ones, who don't have an Is bank bank or credit card.

For obtaining the cash, a customer goes to an ATM, selects a 'no card present' transaction and types in his mobile phone number.

A mobile signature request is sent to the phone, stating the amount to be loaned. Once the mobile signature is returned and verified, the amount dispenses the chosen amount.

Is Bank claims that they hope to see 1 million m-signature users at the end of 1 year.

Click here for the article.

Valimo delivered a complete mobile signature service infrastructure to Turkcell. The first application scenario rolled out for private mobile subscribers is the secure login to their online bank account.

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