Dhaka Bank, a leading 2nd generation bank in Bangladesh, has gone live with IRIS to support its ATM and cards strategy. This implementation makes Dhaka Bank the first bank in Bangladesh to go live with IRIS, the next generation switch and alternate delivery channel manager.
TPS has the largest number of switch implementations in Bangladesh and has credible and proven record of high quality card and payment products and services.
Previously Dhaka Bank was already issuing cards and had an ATM network, outsourced to a local third-party processor. Being a bank with aggressive plans, the bank required the flexibility and control on its e-Banking platform to take its card product much further. For this reason, an inhouse setup was important. IRIS offers the bank a platform to implement its strategies, obtain control and operational manageability in its ATM and card expansion. The bank now has its own EMV compliant switch with card management system for debit and prepaid cards.
The bank can now roll out new retail products and services quickly and more efficiently. The bank is benefitting from IRIS comprehensive ATM network monitoring, EMV acquiring and issuing and Visa debit and pre-paid programs. IRIS is ranked very high for its scalability, flexibility, robustness and its unmatched feature set.
Dhaka Bank’s rapidly growing ATM network has been integrated with DBBL, OMNIBUS and Cashlink ATM networks; giving the banks cardholders the widest ATM coverage in the country.
“Dhaka Bank opted for IRIS from amongst a number of other world-class solutions based on TPS successful track record in Bangladesh and the intrinsic strength of the solution. The bank wanted truly multi-dimensional middleware which would combine robustness with a high degree of flexibility, scalability and IRIS matched all these requirements. We are confident that with IRIS powerful features coupled with TPS proven commitment to deliver best-in-class support, the Bank will soon establish a unique niche for itself in the rapidly changing e-payments and cards landscape of the country.” – Kaiser Tamiz Amin, Deputy Managing Director, Dhaka Bank Ltd.
