Banque Populaire & Caisse d’Epargne’s technology arm T2S Africa, a wholly owned subsidiary of Group BPCE chose IRIS as the next generation platform to drive the groups cards and payments processing platform in Central Africa.
According to World Bank and IMF, Africa resembles Asia of the 1990’s and being the poorest region in the world economy, is rapidly becoming the best-performing in the world. While at the same time it has been largely immune to the current financial crisis engulfing the banking industry worldwide. TPS, realizing the potential of the Sub-Saharan region has stepped into the African market with a strong influence through its payments processing systems. Several banks are already using TPS transactions processing systems in the region and Group BPCE is one of them.
Group BPCE being one of the largest banking groups in France has been very active in this region and has also been at the forefront of offering new and innovative banking services to its clientele. Group BPCE was on the lookout for a reliable, flexible yet scalable platform to drive its ambitious growth regimen. After a thorough evaluation process T2S Africa selected IRIS. This deal was made possible through the dedicated efforts of SYRSE International, TPS distributor based out of France & currently representing TPS in 42 countries worldwide, mainly Africa & Europe.
IRIS was preferred over other options because it fully meets the group’s growth requirements. TPS sophisticated and scalable technology, along with its flexibility, reliability, cost effectiveness, quick time to market and its successful live implementations around the globe made it the bank’s first choice.
In the first phase, 3 banks will be hosted on a multi-institution platform in Cameroon. 2 of these banks are Group BPCE subsidiaries, BICEC, the first banking network in Cameroon, & BCI in Congo.
IRIS being the cards and payments processing platform will drive the complete ATM & POS network offering VISA Debit EMV issuance and acquiring with a comprehensive merchant management suite, SST monitoring and dispute resolution services for an unlimited number of banks. The platform will build and establish innovative and differentiated service offerings for bank’s customers.
“T2S Africa needed a highly scalable, flexible yet dependable solution to support its growth strategy. After evaluating many options, we selected IRIS as it represented the perfect blend of features and reliability. IRIS has the unique ability to serve as a consolidated multi-institution self-service platform with a comprehensive suite of e-Banking services to drive the cards & payments processing system that the bank required” – Frédéric THOUVENOT, Director of Information Systems, Banque de Détail à l’International – BPCE
“TPS company profile and its steady growth and track record gave us the confidence to partner with them. The successful casestudies of live sites is a testimony of its products robustness and flexibility that is required by Group BPCE.” – Valéry de SAMUCEWICZ, Director General, SYRSE INTERNATIONAL
