National Bank of Kuwait licenses Gifts fund transfer system

National Bank of Kuwait (NBK) is installing New York-based Gifts Software's funds transfer and payments technology, eGifts.

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National Bank of Kuwait licenses Gifts fund transfer system

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EGifts is a browser-based system designed to automate both payment and telecommunications processing. Users connect to the eGifts server via the Internet.

The product can run on the IBM Pseries or i5 servers/AIX operating system, Intel Pentium based Windows 2003 server and Sun/Solaris. An embedded Oracle database is used on either of the hardware platforms.

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