India’s Financial Software and Systems has inked a deal with Entrust Datacard for instant, in-branch card issuance solutions to support various social security and financial inclusion initiatives.
FSS has spearheaded the growth of retail and whole sale payments in India through a rich portfolio serving banks, financial institutions, merchants, governments and other verticals. With this new partnership, FSS will be offering a new instant issuance solution to financial institutions – enabling secure instant issuance of payment cards and customer-selected PINs at account opening. This will enhance the customer experience, drive cost savings and increase revenue for financial institutions by eliminating mailing costs and giving consumers instant purchasing power.
The rapidly growing FSS clientele includes over 100 leading global banks as well as some of the world’s largest processors and retailers. In India, the FSS domestic client portfolio includes over 35 banks – featuring the majority of public and private sector banks in the country. Internationally, over 70 banks, financial institutions, processors and prepaid card issuers are customers of FSS.
Headquartered in Chennai, FSS services 100+ customers across the globe, which include leading public and private sector banks in India like State Bank of India, ICICI Bank, HDFC Bank, AXIS Bank, Punjab National Bank, Canara Bank, Bank of Baroda and Union Bank of India and some of the large Banks, FIs, Processors and Prepaid Card issuers are customers of FSS across North America, UK/Europe, ME/Africa and APAC.
For data, background and forecasts on the FSS: Search CardWeb.com’s CardFlash® Library of more than 58,000 archived articles; Access CardWeb.com’s CardData® for current and historical Performance, Portfolios, Profiles, etc. Visit RAM Research® (ramresearch.com) for quarterly and annual forecasts covering more than 150 metrics. [complimentary or deeply discounted access to CardWeb.com subscribers].
Additional database resources include CardWeb.com’s CardExecs® – comings & goings of payments movers & shakers; CardWeb.com’s CardWatch® – ears & eyes on marketing globally (57K items); and CardWeb.com’s CardPixes® – form & function of card design (7K items)