18 December 2017
visit http://response.ncr.com

Offshore banks sign with EDB for card processing

13 January 2004  |  3707 views  |  0 Offshore banks sign with EDB for card processing

EDB Business Partner has won contracts with five offshore banks in the UK for the supply of card production, management and payment services.

Singer & Friedlander on the Isle of Man, and NM Rothschild & Sons on the Channel Islands have signed five-year contracts with EDB along with AIB Bank's two offshore branches.

The five contracts, which together are worth Nkr15 million, were secured by EDB's local sales and support partner, UK-based Net Express International.

EDB says its will team with Norwegian card company Tag Systems and Norwegian card issuer Teller to deliver the service. Tag Systems will produce payment cards and provide support for customers from its 24-hour contact centre. Teller will carry out settlement and billing through the Visa network.

EDB's bank and finance division will supply components for card administration and authorisation as well as a Web-based work process solution. Operating services will be provided by EDB IT Operations.

Ole Urdahl, executive vice president, EDB bank and finance, says: "EDB is bringing together components and services from its own portfolio and from its partners to deliver a complete solution to these banks."

The system will go live at the banks during the first quarter of 2004.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

AIB introduces text-based mobile top up service

AIB introduces text-based mobile top up service

08 December 2003  |  5277 views  |  0 comments
Verdibanken signs two-year EDB contract extension

Verdibanken signs two-year EDB contract extension

17 November 2003  |  3571 views  |  0 comments
Sparebank 1 extends EDB contract

Sparebank 1 extends EDB contract

21 October 2003  |  3346 views  |  0 comments
Nordic Investment Bank signs for EDB lending system

Nordic Investment Bank signs for EDB lending system

02 October 2003  |  3097 views  |  0 comments
Clear2Pay buys EDB subsidiary MaXware Benelux

Clear2Pay buys EDB subsidiary MaXware Benelux

01 October 2003  |  3678 views  |  0 comments
Terra rips up EDB IT services contracts

Terra rips up EDB IT services contracts

24 September 2003  |  3953 views  |  0 comments
Teller signs with EDB for Visa and MasterCard payments processing

Teller signs with EDB for Visa and MasterCard payments processing

19 September 2003  |  5325 views  |  0 comments
EDB Business Partner sheds 140 jobs at business and finance division

EDB Business Partner sheds 140 jobs at business and finance division

01 September 2003  |  3241 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.response.ncr.comvisit www.thomsonreuters.infovisit www.ebaday.com

Top topics

Most viewed Most shared
satelliteRipple completes XRP Lockup
11025 views comments | 3 tweets | 2 linkedin
Banks tap Ethereum smart contracts for MiFID II complianceBanks tap Ethereum smart contracts for MiF...
8434 views comments | 11 tweets | 12 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
7516 views comments | 19 tweets | 22 linkedin
Nordea takes Open APIs into live productionNordea takes Open APIs into live productio...
6995 views comments | 6 tweets | 26 linkedin
hands typing furiouslyReshaping Customer Engagement & Da...
6951 views 0 | 4 tweets | 2 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job