Here comes the first victory of Q1 for Fiscal 2019-20. Passion, dedication and perseverance can conquer anything in this world and that is exactly driving Verinite’s expanding footprint in the emerging countries. Verinite is pleased to announce its new client win in Qatar. Client is first Islamic bank to start operating in the country and is one of the largest Qatari bank. They are stable financial group covering all segments of the financial markets, including individuals, government institutions, large corporations and SMEs providing innovative Sharia-compliant banking solutions.
Our client uses TSYS Prime platform for its credit, debit and prepaid cards business. Bank is embarking on a cards transformation initiative to upgrade its CMS platform to the latest version of TSYS (i.e. Prime V4) to remain consistent with its motto of being most customer centric bank. Verinite was chosen after an extensive process as client was looking for a one-stop solution that covers development, testing and certification. Our demonstrated experience of 8 cards migration programs (in last 24 months), deep TSYS expertise, proven expertise in handling Islamic card products and strong credibility as niche cards domain company proved to be the clincher.
Verinite will be responsible to manage the entire project which includes system architecture review, configuration, API customization, interfaces enhancement, reports modification and testing. This is another big win as it strengthens our positioning as preferred partner for cards upgradation and implementation programs.
With this win, Verinite will be serving its 4th client in country and covers banks with different card management system like PowerCARD and TSYS Prime. Team Verinite is excited to bring our innovative, quick footed, domain focused and empathy driven mindset to serve the banks in Qatar.