Attijariwafa Bank Selects HPS's PowerCARD Solution for the Development of the Electronic Payment Activities of its International Subsidiaries.

Attijariwafa Bank Selects HPS's PowerCARD Solution for the Development of the Electronic Payment Activities of its International Subsidiaries.
03.07.2015 01:00 am

Attijariwafa Bank Selects HPS's PowerCARD Solution for the Development of the Electronic Payment Activities of its International Subsidiaries.

Payments

HPS, the market-leading provider of mission-critical solutions to the cards and payments industry, has today announced a new partnership with Attijariwafa bank Group, one of the leader banks in Africa.

Attijariwafa bank Group chose HPS to assist it in the implementation of a new industrial multi-bank electronic payment platform, compliant with market standards and meeting the regulatory requirements and local specifications of the 11 subsidiaries of the group based in the following ten countries: Cameroon, Senegal, Ivory Coast, Congo, Gabon, Mali, Mauritania, Togo, Niger, and Burkina Faso.

This new platform focuses on four major challenges:

  • Expanding the product and services offering,
  • Reducing the Time to Market,
  • Enhancing quality of service,
  • Reducing costs and increasing profitability.

"Our regional development plan aims to position Attijariwafa Bank as a catalyst for opportunities between operators in Africa, Europe and the Middle East", said Mr. Ismail Douiri, Executive Director, Attijariwafa bank. "For us, HPS is a first-choice partner with recognized international expertise in the payment industry. We are convinced that HPS is capable of assisting us in our strategy of innovation and value creation for our subsidiaries' customers."

"We are committed to assisting Attijariwafa bank group in implementing its international development strategy, by providing it with our PowerCARD solutions, as well as our global expertise in over 80 countries worldwide," stated Mohamed Horani, Chief Executive Officer of HPS Group.  

PowerCARD covers the entire electronic payments value chain, Acquisition, Issuing and Switching, on a single platform. Based on the most advanced technologies, PowerCARD offers a high level of user convenience and significantly reduces the costs and time linked to the launch of new products.

Related News

Anglian Water Launches its Digital Transformation with Bottomline

Bottomline (NASDAQ:EPAY), a leading provider of financial technology that makes business payments simple, smart and secure, today announced Anglian Water’s... Read more »

Paymentology Partners With Intercash to Enter Latin American Market

UK cloud-native payment processor Paymentology has extended its global footprint into the Latin America and Caribbean regions as it announces a partnership... Read more »

FSS and Everlink to Drive Card Payments Growth in Canada

FSS (Financial Software and Systems), a global payments technology company, announced today that Canada’s Everlink Payment Services Inc., a... Read more »

Neo Launches Multi-Currency Account for SMEs

Neo, the treasury management, payments and FX fintech, is launching a new international multi-currency account service for small and medium-sized enterprises (... Read more »

bitFlyer Europe Launches PayPal Integration

Leading cryptocurrency exchange ... Read more »

SWIFT Announces a New Strategy for Instant, Frictionless Payments and Securities Processing

SWIFT announces that over the next two years and beyond it will fundamentally transform payments and securities processing, retooling cross-border... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel