TPS and First Dawood Islamic Bank Sign Agreement for IRIS Enterprise Middleware

First Dawood Islamic Bank signed an agreement with TPS for acquisition of its next generation financial transaction switching technology, IRIS. IRIS will act as the bank’s core e-Banking platform around which FDIBL will roll out its complete remote banking program including ATMs, internet banking, phone/SMS banking supported with dispute resolution services and business intelligence tools.

IRIS is the latest and state of the art switching technology that is based on a decade of TPS’s experience and expertise in the field of e-Banking and e-Payments. With this agreement, FDIBL became the 24th bank within Pakistan that has opted for cutting edge technologies from TPS to enhance their customer experience through flexible remote and e-Banking services.