BoV to promote hi-tech products, services at IT&T Fair

Bank of Valletta is participating in the IT&T Fair, which is being held at the Trade Fair Grounds in Naxxar between Wednesday and Sunday. Throughout the fair, BoV will be promoting its high technology-based products and services: Internet banking,...

Bank of Valletta is participating in the IT&T Fair, which is being held at the Trade Fair Grounds in Naxxar between Wednesday and Sunday.

Throughout the fair, BoV will be promoting its high technology-based products and services: Internet banking, phone banking as well as the bank's personal and computer loans.

"BoV's choice to participate in the IT&T Fair is an obvious one," IT chief officer Victor Denaro said. "The investment in a solid IT infrastructure and much of what we can offer today, both in terms of products as well as services, is owed to the huge IT developments that have been undertaken over these past few years. These efforts have been recognised both locally and internationally," he added.

Speaking about BoV's investments in IT over the past year, he said : "All ATMs were upgraded to support EMV smart-card technology as well as the latest encryption software. BoV also implemented EMV acquiring functionality, facilitating smart-card authorisations through the latest POS devices. Most of the ATM network was upgraded to provide a more consistent and user friendly customer interface."

"The bank's Internet banking facility is continuously evolving. In fact, following BoV's launch of Malta's first e-brokerage functionality through its 24x7 channels - the first service of its kind in Malta, various new enhancements are being rolled out through Internet banking and other BoV 24x7 channels.

"BoV recently also migrated to new IT platforms for its fund management and private wealth management services, while BoVnet, the bank's WAN infrastructure, was upgraded to enable the transport and integration of applications, including data, video and voice over a single, IP-based converged business infrastructure," Mr Denaro concluded.

Visitors during this year's edition of the IT&T Fair will be able to enquire on various services available through the bank's Website and Internet banking platform. Visitors, particularly students, will be welcome to obtain information on the bank's various products and offers concerning the purchase of computers and other IT equipment.

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