Welcome to PowerBASE

26th May 2009:

Hitec and PowerBASE released a secure and seamless integration between the DataStore 32 document management system and MIPS Release 5.0, (MICR Cheque and EFT item Processing System). Both these products are now used extensively in the banking and financial services sector in East Africa and this new service offering will, amongst other things, be used to fulfill cheque truncation requirements in Kenya’s commercial banks that use and adopt both systems.

5th January 2009:

Hitec (Laboratories) Ltd, United Kingdom appoints PowerBASE Ltd as a Distributor of DataStore and Conform products for the East African region. Hitec already has a prestigious product line-up and a growing customer base that represents local, regional and international banks in Africa.

Both companies will leverage thier core competencies towards delivering products and services that offer these mutual customers with unique value propositions in payment solutions, Electronic Document Management & Delivery, Risk, Compliance and Performance. PowerBASE becomes part of Hitec's global network of certified Business Partners in over 40 Countries worldwide.

1st November 2008:

PowerBASE launches Panini’s lasted S-Vision document processor in Kenya’s banking sector, with one of the largest corporate commercial banks taking delivery of this award winning cheque transport in the 1st Qtr of 2009.

PowerBASE remains the largest distributor of Panini’s successful foot-print of cheque readers, scanners, and sorters for the East African market.

30th September 2008:

The industry flagship intra-bank and inter-bank payment processing and clearing solution, MIPS, has its Release 5.0 launched which includes a fully embedded fingerprint based biometric security and transaction “proof of presence” processing and auditing methodology that offers client banks simplicity, efficiency and security in its domestic multi-currency processing requirements.

This upgrade has been built and integrated with Digital Persona’s award winning fingerprint software technology and state-of-the-art, U.are.U fingerprint readers.

Our strategic partnership with Idversol Technologies (Pty) Ltd, South Africa is changing East Africa’s financial and business processing landscape by offering innovative ways of securing digital environment cost effectively.

28th August 2008:

PowerBASE launches its latest BankConnect upgrade for the Kenya Bankers Association’s clearing house business compliance requirements, currently used by over 40 commercial banks and sponsored financial institutions. This feature filled upgrade will support the industry’s growing business requirements and future industry initiatives, such as the Cheque Truncation Projects.

30th April 2008:

Bank of Baroda, one of the oldest established commercial banks in Kenya, goes live with the flagship clearing solution, MIPS, across its 9 country wide branches. The cheque capture process is based on Panini cheque transports whilst its EFT processes are seamlessly integrated with its host system offering an efficient, reliable and secure domestic multi-currency processing platform, which is set to support its business and growth objectives in Kenya’s vibrant financial sector.