Free press releases distribution network?

Agency / Source: ElectraCard Services (P) Ltd

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Islami Bank Bangladesh Limited Goes Live on ElectraCard Platform in Record Time - ECS completes EFT Switch migration in 4 weeks - IslamiBankbd.com / ElectraCard.com
Islami Bank Bangladesh Limited Goes Live on ElectraCard Platform in Record Time

 

PRZOOM - /newswire/ - Pune, India, 2013/10/30 - ECS completes EFT Switch migration in 4 weeks - IslamiBankbd.com / ElectraCard.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Merchant Equip./Service/ATM Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

ElectraCard Services (ECS), a leading provider of software and processing solutions for electronic payment systems today announced the go-live of Islami Bank Bangladesh Limited (IBBL), with the new electra iTx series suite. ECS ensured that the migration of debit cards and ATMs from legacy platform onto the electra platform was executed in a span of only 4 weeks -- making this one of the fastest EFT switch migration.

Established in 1983, IBBL is the first Islamic bank in South-East Asia having the largest branch network among the private sector banks in Bangladesh. The electra iTx series platform is a next generation PA-DSS certified secure transaction platform, built from the ground-up on open standards and industry best-practices to support the service oriented architectures (SOA) that are fast becoming the technology backbone of today’s leading organizations. This is a game changing technology that allows the user to control their application and EFT environment. It also helps to reduce the time to market for integration and to roll out new services.

ECS implemented the next generation financial transaction switch for ATM driving as well as a full-fledged card management solution for IBBL. With the new payments processing system IBBL will be able to rapidly expand its ATM network, start VISA® issuance and acquiring, and add new delivery channels, BNAs and kiosks. This will in effect drive the bank’s objective of enhancing productivity and innovation-led customer experience in all its operations.

ECS partnered with Biometic.BD, a leading IT company in Bangladesh to extend localized support and help deliver a solution that meets the specific requirements of the Bangladesh market.

“We are delighted to partner with one of the oldest and finest banks in Bangladesh,” said Mr. Ramesh Mengawade, CEO, ElectraCard Services. “We understand the banking demands of a fast growing and emerging market, whose customers expect the latest and best in technology and security. It is important to preempt customer expectations and cater to a futuristic and dynamic market. Islami Bank Bangladesh Limited selected electra as its payment platform to strengthen its retail payment services with a comprehensive, secure and scalable solution.”

Mr. Mohammad Abdul Mannan, Managing Director, Islami Bank Bangladesh Limited said,“Thanks to ECS we have a world-class technology platform combined with their collaborative approach which made a big difference towards our speed to market. They met our need for a modern and secure solution that could meet the entire payment requirements seamlessly and strengthen our business offerings.”

Leveraging electra, IBBL will be empowered to create a differentiated customer experience through personalized offerings, bundled products and enriched segment specific portfolio. The solution’s proven scalability and support for true 24X7 availability added to its keen understanding of the banking context in South Asia will power the bank’s ambitious growth plans.

About Islami Bank Bangladesh Limited
Islami Bank Bangladesh Limited (islamibankbd.com) is a Joint Venture Public Limited Company engaged in commercial banking business based on Islamic Shari'ah with 66.34% foreign shareholding having largest branch network (251 Branches & 30 SME/Krishi Branches i.e. total 281 Branches) among the private sector Banks in Bangladesh. It was established on the 13th March 1983 as the first Islamic Bank in the South East Asia.
It is listed with Dhaka Stock Exchange Ltd. and Chittagong Stock Exchange Ltd. Authorized Capital of the Bank is Tk. 20,000.00 Million ($257.23 Million) and Paid-up Capital is Tk. 14,636.28 Million ($188.25 Million) having 63,736 shareholders as on 30th September 2013.

About ElectraCard Services
ElectraCard Services (electracard.com | opussoft.com), a subsidiary of Opus Software Solutions, is a leading provider of software solutions and processing services for electronic cards and payment systems across the globe. ElectraCard Services facilitates banks and financial institutions, retailers, exchange houses and telcos to electronically process, in real-time, card transactions, online transactions, mobile payments and services, and contactless payments. ECS is a PCI-DSScertified Third Party Processor (TPP) for MasterCard® and VISA® across the issuing and acquiring space. ECS’ extensive global experience with deep domain knowledge and a comprehensive and robust solution enables the company to provide cost effective solutions that address the flexibility challenges of today’s financial market.

®MasterCard is a registered trademark of MasterCard International, Incorporated.
®VISA is a registered trademark of VISA International Service Association.
electra is under trademark and copyright by ElectraCard Services.

Media Contacts
Mona Pandit / Bhawna Mishra - Ketchum Sampark PR
M: +91 98600 82449/ +91 97674 31047
mona.pandit[.]ketchumsampark.com / bhawna.mishra[.]ketchumsampark.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Merchant Equip./Service/ATM Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: ElectraCard Services (P) Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Merchant Equip./Service/ATM articles,
CATCH Visitors via Your Competitors Announcements!


Islami Bank Bangladesh Limited Goes Live on ElectraCard Platform in Record Time

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
ElectraCard Services | Islami Bank Bangladesh
Contact: Rukuma Viegas - ElectraCard.com 
+91 20 30925100 rukuma.viegas[.]electracard.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ElectraCard Services (P) Ltd securities in any jurisdiction including any other companies listed or named in this release.

Merchant Equip./Service/ATM via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From ElectraCard Services (P) Ltd / Company Profile


Read Merchant Equip./Service/ATM Most Recent Related Press Releases:

NCR Positioned as a Leader in 2017 IDC MarketScape Report for Mobile Banking
NCR Brings SelfServ 80 Series ATMs to Turkey
NCR Launches SelfServ 80 Series in Eastern Europe
NCR’s Branch Transformation Technology Wins Asian Banker Technology Innovation Award
NCR and Showtime Analytics Enable Cinemas to Enhance Customer Experience
NCR Attains Inimitable Distinction of Manufacturing 2 Lakh ‘Made in India’ ATMs
Alaska Becomes 50th U.S. State to Launch NCR Interactive Teller
NCR and Bottomline Technologies Enable UK Financial Institutions to Connect to Faster Payments Service
NCR Ranked #1 in Global POS Software by RBR
Cumberland Building Society Launches Online Appointments with NCR and Q-Flow

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  MagLar, Inc.

Visit  BizJobs.com







 
  ©2017 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today