Bangladesh's One Bank selects TietoEnator's payment card technology

Source: TietoEnator

TietoEnator, one of Europe's leading IT services providers, will supply ONE Bank Limited in Bangladesh with a payment card software for an ATM network.

TietoEnator's Card Suite Issuing and Acquiring solution will create the basis for a local ATM network for the bank's customers. The project is planned to be realized during the first half of 2006 in co-operation with Data edge limited, a regional partner of TietoEnator in Bangladesh. Within the framework of the project, a payment card solution support centre will be formed in Bangladesh to support TietoEnator's payment card customers.

"Diversified service delivery channels are the only means to meet the expectations of today's customers who are educated, enlightened, very demanding and well aware of global advances in IT. ONE Bank has always been quick to react to customer demands and we expect that the highly advanced world-class solution from TietoEnator will assist bank in reaching newer heights with diversified Payment Card Product offerings", said Mr. Syed Nurul Amin, Managing Director, One Bank Limited.

"This TietoEnator Banking & Insurance payment card solution installation in South-East Asia - a region with a high potential for development - will allow faster spread of our highly functional solutions for banking sector in the region. ONE Bank Limited selected a technologically highly developed and the most flexible payment card solution which undoubtedly will advance the further development of One Bank Limited services", notes Maris Ozolins, Head of Card SBU, Banking Solutions, TietoEnator Banking & Insurance.

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