back Back

KienlongBank successfully upgrades SmartVista core card system

By Leandra Monteiro

December 21, 2022

  • Bpc
  • Core Card System
  • Digital Transformation
Share

KienlongBank After an implementation process of over six months, KienlongBank officially announced the successful upgrade of the new core card system – SmartVista. This is an important step for the bank, helping to improve the experience of its customers and diversify modern card products and services.

The upgraded card system would help to improve security capabilities and develop a number of valuable features and utilities. KienlongBank transformed the core card system across all channels simultaneously: management of domestic cards, international cards (Visa, JCB); new implementation of MasterCard; management of domestic and international card transactions; ATM/POS/STM system management.

KienlongBank’s new core card system was developed based on the SmartVista product suite, customised to the bank’s unique requirements. The advantage of the SmartVista system is that it manages and responds to any sudden increase in the number of customers and transactions, managing all of the bank’s ATM/POS/STM and card systems. Thanks to the link between the card system and the bank’s electronic payment channels, the system will deliver a better cardholder experience and make online transactions easier and more convenient for them.

The conversion of the card system meets all the requirements of integrated connection from other banking systems, such as Internet Banking, Mobile Banking, and Core Banking. It offers optimal support for the development of card products, connection channels, and payment intermediaries. In particular, with its modern and flexible structure, the new system can enhance KienlongBank’s management process, minimise warranty and maintenance costs, and be easily customised to suit the needs of all types of customers.

With the successful conversion and use of a modern card management system, KienlongBank has officially applied modern technology applications according to international standards. This new system promotes security, being authenticated by PA-DSS, and ensures standards on card data security and safety such as the PCI-DSS of international card organisations: Visa/MasterCard/JCB. With the new 3D Secure technology (the high-security technology that uses a secure one-time password (OTP)), card transactions can take place with enhanced security and safety, and the risk of fake transactions is minimised.

Previous Article

December 21, 2022

i2c and NIBank partner for the launch of a Mastercard Black Card in Latin America

Read More
Next Article

December 21, 2022

The Bank of London appoints Gavin Hewitt as Group CFO

Read More






IBSi Daily News Analysis

cybersecurity,

June 20, 2024

Bpc

Why predictive AI is a critical necessity in the field of cybersecurity

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Ageras to acquire French FinTech Shine from Societe Generale

Read More

Today

SumUp & Adyen partner to bring faster payouts to SMEs globally

Read More

June 20, 2024

4 Open Banking platforms shaping the future of financial data in the US

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023