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Card Issuing is probably the most complicated activity in the card business. Competition in the market is fierce. A card issuer must be in a position to offer the customer a variety of services based upon the prevailing conditions in the market. The service must be delivered on a timely basis in order to quickly react to changing market conditions.
To meet these requirements, BankWORKS offer a flexible and efficient Card Payment system for handling applications, cardholders, corporations, merchants, products and services, individual client agreements, as well as risk management, accounting and reporting.
The BankWORKS Issuer System allows a client to tailor the system to meet requirements in line with their business strategy. The entire module is highly parameterised and allows customized configurations to fit the needs of the user organization, the way they want to run their business and the various services and outputs they require.
Key Features
Automated Application Processing
Customer Relationship Management
Corporate Structures/hierarchies
Client and Market segmentation
Institution Business Rules
Product and Service Management
Price Structures
Client Agreement Management
Card Management
Authorization processing
Financial Accounting
Statistics and MIS Reporting
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