Soneri Bank innovates with Infotel Pakistan on EMV Technology platform
Tuesday, 30th August, 2016 – Soneri Bank one of the fastest growing banks in Pakistan with the mission to provide innovative and efficient financial solutions to their customers, has recently signed a contract for EMV Debit Card issuance system with InfoTel Pakistan; one of the leading card service providers in the market and a partner of Thales-e-Security Solutions. InfoTel has offered a end to end EMV Migration solution to beat the competition (Gemalto) and offered an In-house outsourcing business model to the bank where InfoTel will operate the complete system for the period of 3 years. To launch this new partnership, an agreement was signed by Mr. Amin A. Feerasta “COO” Soneri Bank and Mr. Riaz Siddiqui – Managing Director InfoTel Pakistan at Central office of the bank in Karachi. The signing ceremony was attended by members of the management team of both organizations along with Mr. James Cook – Regional Sales Director of Thales e-Security.