Turkish banks upgrade payments infrastructure with Logica

Turkish banks upgrade payments infrastructure with Logica

The 48-strong Banks' Association of Turkey (TBB) has migrated to a new high-value payments platform supplied by incumbent provider Logica.

The Logica platform has been rolled out across 10 international and 38 Turkish banks over a two-month timeframe.

The Turkish banks have been Logica clients since 1992 and decided to modernise their messaging infrastructure as part of a broader project to upgrade their hardware platform. Logica won the deal following a competitive tender.

The banks expect the new platform to offer increased straight-through processing by automating validation and allowing them to develop their own message validation rules.

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