The agreement enables UNB to expand its service offering by providing a debit card facility to its customers for the first time.
FIS Card Processing Services supports debit, credit and prepaid card-based transactions, providing the necessary messaging and integration with payments industry compliance schemes. Based on flexible technology, FIS Card Processing Services are built on modern, open architecture to ensure long-term scalability, availability and performance and support many of Europe’s leading card issuers and acquirers.
Based in London, United National Bank provides commercial and personal banking services to customers through a network of six branches in the United Kingdom. The bank offers a range of personal and commercial banking products and has a long-term focus on diversifying its services portfolio to meet the growing needs of its customers.
“United National Bank prides itself on offering a high standard of service to our customers, so it was crucial to find a provider capable of meeting that benchmark for both technology and service provision,” said Mansoor Khan, chief executive officer, United National Bank. “We selected FIS because we were impressed by the full range of complementary card services they offer, including multi-lingual call centre representatives and state-of-the-art fraud monitoring.”
“At FIS, we are seeing strong local demand for card processing services that can keep up with all the innovations in credit, debit, prepaid, contactless and even virtual cards,” said Ian Benn, managing director, FIS Payment Solutions, EMEA. “This implementation will give United National Bank the opportunity to further expand the services it offers to customers. We look forward to working with United National Bank to support the launch of the bank’s new debit card product and to ensure its continued success.”
FIS (fisglobal.com) is the world’s largest global provider dedicated to banking and payments technologies. With a long history deeply rooted in the financial services sector, FIS serves more than 14,000 institutions in over 100 countries. Headquartered in Jacksonville, Fla., FIS employs more than 32,000 people worldwide and holds leadership positions in payment processing and banking solutions, providing software, services and outsourcing of the technology that drives financial institutions. FIS is ranked 426 on the Fortune 500, is a member of Standard & Poor’s 500® Index and consistently holds a leading ranking in the annual FinTech 100 list.
This news release contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as to future economic performance and are not statements of fact, actual results may differ materially from those projected. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to: changes in general economic, business and political conditions and other risks detailed in the “Statement Regarding Forward-Looking Information,” “Risk Factors” and other sections of the Company.
For More Information:
Mary Waggoner, SVP, FIS Investor Relations
P: 904.854.3282, E: mary.waggoner[.]fisglobal.com.
Tony Martin, Portfolio Communications
P: +44 207 240 6959, E: tony.martin[.]portfoliocomms.com.