Colombo National Savings Bank's innovation

Chennai, Aug 14 (UNI) The Colombo-based National Savings Bank has enabled customers with online ATM, utilising the technology of FSS Tech, the worldwide services wing of the city-based Financial Software and Systems (FSS).

The bank has implemented the state-of-the-art BASE24-es(tm) Electronic Financial Transaction Switch for ATM driving and online transaction authorization, a company release here said.

For the bank's card issuance and management functions, FSS has implemented DCMS(c), a debit card management application suite.

BASE24-es is a new generation integrated payment engine from ACI Worldwide, the global leader in electronic payment systems. Being the first of its kind in the island, the advanced authorization, sophisticated routing and international payment system support would ensure a key technological leadership position to the bank.

With the implementation of online ATM network, over 14 million customers of NSB stand to benefit across the island through world-class switch services, with anywhere, anytime banking.

As a contingency measure, an online DR Switch has also been implemented, resulting in unparalleled availability of services to customers DCMS, an end-to-end ATM/Debit Card Management solution from FSS, will enable NSB to roll out different type of debit card products for their 14 million customers.

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