Third largest private sector bank in India Selects Verinite for its Switch/CMS Upgrade Project
The 3rd largest private sector bank in India selects Verinite to upgrade its Switch and Credit Card Management System to enable digitization and speed-up their implementation journey. Our client offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses.
Client is currently using TSYS PRIME Version 3 as its switch/cards management system and was planning to upgrade to the latest version (v4) to speed-up their digital strategy and keep pace with rapidly changing consumer expectations. They were looking for a partner who can ensure on-time, issue-free and seamless implementation. Verinite was chosen after an extensive process as the client was looking for a one-stop solution that covers end-to-end facets of the V4 upgrade supplementary services.
Verinite will be responsible for configuration, API customization, interfaces enhancement, reports modification, scheme certification and independent testing. Our team will be performing User acceptance testing, Data conversion, Regression testing and interface testing as part of the testing workstream. The Scheme certification workstream involves online/offline certification for international and domestic schemes.
Verinite has been successfully collaborating with banks in the emerging economies for their cards technology transformation programs and this win is another affirmation of the company’s expertise in cards domain. This is 6th client for Verinite in India and the list continues to grow in leaps and bounds.