Tuesday, 09 Jan, 12.40 pm Biz Next India

BOB Financial Solutions selects Intellect Digital Cards to provide Credit Card Management System

Chennai : Intellect Design Arena Ltd, a specialist in applying true Digital Technologies and a global leader in Financial Technology across Banking and Insurance, announced today that BOB Financial Solutions Limited, a wholly owned subsidiary of Bank of Baroda has selected Intellect Digital Credit Card Management System, Intellect Digital Origination and Intellect Digital Debt Management for Credit Card operations. The solution will connect to the Schemes of VISA and MasterCard for servicing the credit card holders of BOB Financial.

Intellect Digital Cards support both traditional magnetic stripe and EMV Chip cards complying with the latest EMV mandates thereby enabling banks to provide a better customer experience. It meets global interface standards and can integrate seamlessly with VISA, MasterCard or any private label issuer system. The platform supports load balancing, true application-level synchronization and unlimited scalability thereby ensuring 100% availability and higher technology performance.

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