X Infotech implements smart card project for Eastern Bank Limited

EBL has introduced a smart card which ensures secure authentication and minimizes the risks of fraud. A leading issuer of cards in Bangladesh, EBL teamed up with X Infotech, a leading systems integrator and MultiPerso personalization software developer, to complete the project of smart card implementation.

This smart card will replace magnetic strip cards with chip and PIN, thus securing the authentication process.

The implementation project was fully supported and managed by the X Infotech team. Solutions provided by X Infotech include several features: chip data preparation, secure card personalization, instant card issuing, as well as complex integration service and staff training. The MultiPerso solution also provides complete support for the personalization of Diners Club, MasterCard and VISA EMV cards.

“We hope to benefit from the global experience and technological expertise of X Infotech. This cooperation will enable us to respond better to our clients’ specific needs and offer them enhanced services,” said Nazeem A. Choudhury, Head of Consumer Banking.

“This partnership will strengthen X Infotech’s presence alongside the expansion of new technology in the Asian region , as well as improve EBL bank’s credibility and reputation in terms of secure payment,” said Sergei Yeliseyev, Member of the Board at X Infotech.

About Eastern Bank Limited

Eastern Bank Limited is a brand leader for its product innovation, state-of-the-art IT solutions and excellence in service proposition. The ability to innovate and keep pace with the fast changing world makes EBL the most valuable financial brand in Bangladesh. Established in 1992, EBL has always been a forerunner in product and service innovation. EBL is the first Bangladeshi bank to win a Global Award by IFC for the ‘Best Partner for Working Capital Systemic Solutions’, the ‘Best Retail Bank in Bangladesh’ for two consecutives years (2013-14) by The Asian Banker and the best prize for Excellence in Corporate Governance at the first ICSB National Awards. For more information, visit www.ebl-bd.com

About X Infotech

X Infotech, a leading systems integrator and a developer of software suite MultiPerso, delivers premium solutions for issuing, managing and verification of electronic ID documents and smart cards. The company`s turnkey solutions are fully independent and flexible, and in combination with unrivalled team expertise, allow smart card and eID programs to be implemented easily, adapting to any environment by supporting any equipment and chip type. With successfully implemented projects in 45 countries already, X Infotech is now a trusted business partner and preferred solutions and services provider for hundreds of customers. More: www.x-infotech.com

January 27, 2015