MCB Islamic Bank signs up TPS for its latest Payment Application Suite

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MCB Islamic Bank Limited (MCB – IBL), a subsidiary bank setup recently in Pakistan by MCB Bank, has selected TPS latest payment application suite for multichannel service offering to its customers. MCBIBL has a clear focus on user experience and believes in digital banking to offer convenient services to its customers while ensuring security.

TPS products suite includes “IRIS” Omni-Channel Enterprise Payment Switch & Card Management, “Prism” Online Banking for Desktop & Mobile devices, “Prism Mobile Application” and “UBPS” Multi channel Billers Aggregation Platform. The suite shall allow MCBIBL customers to access their accounts and perform transactions over global network of ATMs and PoS as well as bank’s channels including Phone Banking, Internet and Mobile Banking. The selection of TPS E-Banking Suite by MCBIBL is an endorsement of trust in reliability of TPS products, continued innovation and delivery capability.

IRIS is an enterprise omnichannel payment application and card management system enabling the financial institutes to offer smooth and uniform experience to its customers across the digital channels. Being a PADSS certified and PCIDSS compliant solution from TPS, IRIS has received international accolades and customer endorsements for its reliability, flexibility, ease of use and extended parameterization.

Prism – Digital Banking Suite – is designed to offer personalized experience to users on their desktops and mobile devices. With various modules it enables banks with quick launch of new and reformed business services. MCBIBL plans to launch its mobile banking application on iOS and Android platforms.

The project is backed by an experienced team from TPS and MCBIBL which is excited to augment the Islamic banking proposition with innovative transaction banking solutions. The teams from both organizations are working to realize the challenging project ahead of timeline.

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