National Commercial Bank Jamaica Limited (NCB), Jamaica’s largest financial services provider has upgraded to the latest version of TSYS’ card issuing and merchant management solution ” PRIME 4.
A TSYS client since 1998, NCB Jamaica deploys the PRIME solution to manage its growing card portfolios. Drawing on PRIME’s flexibility, ease of use, and backed by its renowned speed-to-market capabilities, NCB Jamaica has introduced a number of successful card product offerings ” including, credit, debit, prepaid and private label card programmes ” on a single PRIME implementation.
With PRIME 4, NCB Jamaica will leverage enhanced integrated workflow-driven dispute and chargeback handling, real-time fraud monitoring, collections, instalment and advanced behavioural analytics capabilities. In addition, the bank plans to extend its market offering to include issuing and acquiring support for EMV and contactless cards, MasterCard MCHIP and Paypass, Visa VSDC and PayWave, along with extended acquiring support for AMEX and UnionPay International payment schemes.
PRIME 4 provides support for multi-payment schemes, multi-product issuing and multi-channel acquiring as a single-platform payments processing solution. Drawing from 25 years of licensing best practices, and built with a unique integration layer to enable payment innovation, PRIME 4 provides scalable processing and rich licensable functionality with hosted value-added services to bring security and a broad set of payment choices to its clients and their customers.
The PRIME licensing platform has an extensive reach throughout Europe, CIS, the Middle East, Africa and Asia, with a footprint that extends across more than 70 countries. It has a proven track record in the market dating back to 1995.
As Jamaica’s oldest and largest financial group, the National Commercial Bank Jamaica Limited (NCB) prides itself on being innovators and pacesetters in the local financial services industry and pioneering significant ‘firsts’ that have transformed the banking sector over the course of the past several decades. It is within this context that NCB has set its sights firmly on advancing its position as industry leaders to become the premier financial institution in the entire English and Spanish-speaking Caribbean.
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