Verinite signs its 2nd customer in Sri Lanka to support one of the strategic initiative for cards business. Client is a licensed commercial bank headquartered in Colombo offering products to retail, corporate and SME segments.
Our client has recently launched credit cards on Euronet Platform. It has taken up an important strategic initiative with Visa / MasterCard with launch scheduled in last quarter of year 2018. Bank was looking for a partner who could handhold them through this complex launch process, test the new system, manage certification and define business operations processes. Verinite was chosen as the trusted partner to support this strategic program. Our demonstrated experience of system implementations, deep Euronet system expertise and proven credibility as cards domain player proved to be the clincher.
Verinite will be responsible for system configuration, implementation strategy definition & testing, end-to-end functional testing and interfaces testing for this project. This is another big win as it strengthens our positioning in Sri Lanka as preferred partner for cards initiatives / programs.
Team Verinite hopes to build on this win to serve more banks & finance companies in South Asia as they embark on cards business / technology initiatives.