Oman Arab Bank Implements SmartVista

On May 31, 2016, BPC Bank Technologies announced^[1] to introduce the SmartVista family of products into Oman Arab Bank in order to develop its own payment business. Thus, the bank receives a modern flexible system that allows it to quickly adapt to changes in the retail financial services market.

Oman Arab Bank (OAB) (2016)

Project Summary

As a result of the implementation, the Open2 platform was replaced. Thanks to SmartVista, OAV will be able to effectively manage the entire network of terminals and ATMs, comply with the requirements and regulations of international payment systems in terms of the implementation of the EMV standard, instantly bring new card products to the market, and ensure the security of customer funds using the fraud prevention system.

Rebooting "preferences of own customers is always associated with significant investments in the technological equipment of the entire retail business. Our partnership with BPC Bank Technologies gives us the opportunity to update all our products and services and adapt them to the requirements of the market and consumers. We are confident that our customers will appreciate not only a completely new level of quality and safety, but also the functionality of the new services that we are going to offer in the near future. Fahd Amjad, Head of Retail Products at Oman Arab Bank

Our project has just begun, and in the near future Oman Arab Bank will fully experience the benefits of working on our platform - updating the entire card business and its full control, a new ATM network management system, as well as the necessary flexibility of the entire processing platform, which will make it easy to create new products. Already, the correct choice of SmartVista is obvious: reduced operating costs, compliance with regulatory requirements, as well as a reduction in the timing of the launch of new products and services on the market. Angelo Bertini, Managing Director Middle East and North Africa BPC Bank Technologies

Notes