Turkish banks upgrade payments infrastructure with Logica
22 June 2009 | 3220 views | 0
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.