News

National Bank of Abu Dhabi Upgrades to CTL’s PRIME 3.0

Wednesday 16 February 2005 13:24 CET | News

Card Tech Limited (CTL), has successfully signed a migration contract to provide National Bank of Abu Dhabi (NBAD) with PRIME 3.0, the latest version of its card and merchant management system.

NBAD is the highest ranked bank in the UAE in terms of assets, deposits and branch network. NBAD chose PRIME 3.0 as its platform for future growth. The cost-effective suite of systems now runs on the Oracle 9i database, providing advantages such as enhanced scalability and flexibility. National Bank of Abu Dhabi and CTL share a long history together, dating back to 1993. CTL implemented NBAD’s Visa’s Smart Debit/Credit (VSDC) programme, helping it to achieve success, as the first bank in the Gulf to be VSDC Issuer and Acquirer compliant. Since the early 1990s, CTL has maintained a strong presence in the Middle East; as a market leader with an excellent reputation. In total, CTL’s systems support 24 banks in the region, of which 12, rank among the top 4 in their own countries. CTL’s long-term commitment to the region was realized in 2004, when it opened an office in Dubai, providing its customers with quick access to local technical support.


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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce