Saudi Arabia-based Bank Albilad has implemented card management system from FIS to support its expansion and diversification of customer services.
Through this deployment, FIS will manage the bank’s debit and prepaid cards through their whole lifecycle from a single platform.
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Meanwhile, FIS’ switching platform will provide a scalable transaction switch to handle ATM requests across the bank’s entire national network.
According to FIS, Bank Albilad will use the integrated FIS platform to process over eight million ATM transactions per month and manage a portfolio of four million debit and prepaid cards.
Bank Albilad CIO, Rashid Al Othman, said: "This project has rewarded us with significantly streamlined payments operations, and it will play a major role in enabling us to achieve our growth and operational objectives in the next few years.
"We chose FIS not only because of their flexibility and technical capabilities but also because of their ability to execute quickly and their track record of successful payment deployments."
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By GlobalData
