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[January 14, 2013]
OMA Emirates optimises card management system for Himalayan Bank [CPI Financial]
(CPI Financial Via Acquire Media NewsEdge) OMA Emirates-Solution Gulf announced the completion of NanoSwitch for Nepal's Himalayan Bank NanoSwitch, a fully integrated banking Switch and Card Management System (CMS), the solution is capable of managing ATM and POS devices and acts as the central interface for all payment and banking activities. Built on an open platform, the indigenous NanoSwitch has been carefully developed to be backward compatible with legacy systems deployed by banks. This cutting-edge solution provides the bank with higher customer service levels with a well rounded CMS.
Striving to maintain its position as a market leader in merchant account management, acquiring services and banking card issuance, Himalayan Bank Ltd is set to benefit from all the features of a complete back-office for managing electronic banking, real time application to manage ATM and POS terminals and real-time application to manage authorizations by Visa, MasterCard, and Amex.
The NanoSwitch is built to have a stable interface that enables communication with the information system of the bank and with the CMS that includes both Credit and Debit issuance modules. Being ISO and APACS compliant, the solution meets all the requisite security standards set by Visa and Mastercard. The system supports Visa Base I, Base II and Master Card CIS and MDS processing requirements.
"A clear understanding of a solution that required no drastic changes in the system at Himalayan Bank Ltd, together with our strong in-house team of software developers positioned OMA Emirates-Solution Gulf to provide a full fledged flexible system that takes cognisance of the entire issuance and acquiring requirements of Himalayan Bank Ltd." said Niranj Sangal, Group CEO, OMA Emirates-Solution Gulf.
"Moreover our indigenous solution was highly cost effective from the financial aspect of the project." he added.
"As one of the most prominent banks in Nepal, we have an on-going need to modernize our banking systems and lead the way for other financial institutions. We look forward to a rewarding experience in our partnership with OMA Emirates - Solution Gulf in creating an indigenous NanoSwitch solution. The complete guidance by highly skilled professionals and ease of installation met our clear cut requirements. Moreover, we are safe in the knowledge that the after sales service is guaranteed through their local office." said Ujjal R. Rajbhandary, Assistant General Manager, Himalayan Bank Ltd.
OMA Emirates - Solution Gulf has been taking strong strides across several markets in the Middle East, Europe and Asian subcontinent. With a wide range of services provided for the card payment industry, the company has enhanced operational efficiency and reduced complexity for several clients in businesses within various industries and government organisations. Partnering with world-class vendors and suppliers, the company is able to meet the fast moving requirements of banks, financial institutions and other businesses.
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