Fis, the world's largest provider of banking and payments technology, has signed a multi-year deal with United National Bank (UNB) for issuing and processing debit cards.
The agreement enables UNB to expand its service offering by providing a debit card facility to its customers for the first time.
FIS Card Processing Services supports debit, credit and prepaid card-based transactions, providing the necessary messaging and integration with payments industry compliance schemes. Based on flexible technology, FIS Card Processing Services are built on modern, open architecture to ensure long-term scalability, availability and performance and support many of Europe's leading card issuers and acquirers.
Based in London, United National Bank provides commercial and personal banking services to customers through a network of six branches in the United Kingdom. The bank offers a range of personal and commercial banking products and has a long-term focus on diversifying its services portfolio to meet the growing needs of its customers.
"United National Bank prides itself on offering a high standard of service to our customers, so it was crucial to find a provider capable of meeting that benchmark for both technology and service provision," said Mansoor Khan, chief executive officer, United National Bank. "We selected FIS because we were impressed by the full range of complementary card services they offer, including multi-lingual call centre representatives and state-of-the-art fraud monitoring."
"At FIS, we are seeing strong local demand for card processing services that can keep up with all the innovations in credit, debit, prepaid, contactless and even virtual cards," said Ian Benn, managing director, FIS Payment Solutions, EMEA. "This implementation will give United National Bank the opportunity to further expand the services it offers to customers. We look forward to working with United National Bank to support the launch of the bank's new debit card product and to ensure its continued success."