BPC Banking Technologies, the leading provider of Open System payment solutions for the global financial industry, announces that it has joined the Asian Bankers Association (ABA) as an Associate Member.
BPC's membership was confirmed during the recent ABA Annual General Meeting in recognition of the company's strong commitment to the financial services market in Asia Pacific.
BPC Banking Technologies has been operating in the AP region since 2006 and has helped to transform the payments infrastructures for 14 organizations in 11 countries. BPC's sophisticated payments solution - SmartVista - provides comprehensive support for a wide range of products, from classic card products to more advanced solutions including supporting microfinance in remote locations and biometric ID by fingerprints. The solution also supports mobile payments, card, ATM/POS and merchant management, as well as advanced fraud prevention and loyalty programs. By virtue of its flexibility, SmartVista can be deployed in a number of configurations ranging from supporting the terminals network of a single organization to operating as a sophisticated nation-wide switch. To support its business growth, BPC has opened a network of six offices across the region, covering sales, R&D, implementation and support.
The Asian Bankers Association's strategy is designed to provide a venue for sharing views on banking opportunities across the region; to encourage joint activities that enhance the role of its members in servicing the financial needs of their respective economies and in promoting regional development and to undertake projects that encourage trade, industrial, and investment cooperation in the Asia-Pacific region. BPC shares the ABA's view that further financial penetration throughout the region can be supported by deploying the latest technologies to address the challenges in the payments industry.
"We are honoured to become an associate member of the Asian Bankers Association and to assist in its critical mission of helping to shape the financial future of consumers across the Asia Pacific region. We know that a modern payments infrastructure can automate and streamline processes, eliminate errors and reduce risks, while also providing the ability to launch innovative products. We are confident that we can assist ABA members in their efforts to transform payments across the region", said Rajan S. Narayan, Managing Director Asia Pacific region, BPC Banking Technologies.