Security Bank Corporation Philippines has committed to BPC’s SmartVista solution

Banking Production Centre, a leading electronic payments and e-business solutions provider and systems integrator, today announced Security Bank Corporation (PSE:SECB) Philippines has committed to BPC's SmartVista solution as a single transaction switching and card management bank's platform. Security Bank Corporation fully owns SB Cards — the Philippine exclusive franchise of Diners Club International.

The BPC's SmartVista suite of products will replace the current bank Card processing systems including ACI BASE 24 switch and bank's Card Management systems. The SmartVista solution will provide the single platform for processing of all local debit and international debit and credit cards issued by Security Bank Corporation. It will provide the open, flexible and modern environment for processing of 100% of Diners Club transactions originated in Philippines. The BPC's regional partner Solutions Exchange will provide the localization of SmartVista products and deliver the first line support for the bank.

BPC's SmartVista Suite is a family of applications that can be combined to build a fully functional integrated payments processing solution that goes way beyond conventional plastic card processing. With the primary goal of supporting all the existing and emerging payment card standards, SmartVista has been designed to embrace the e-business realities of today's world, where customers want to have access to their funds and accounts anywhere, anytime, and to get efficient and effective service from their banker using the method of communication of their choice.

"We were looking for a solution that would make us feel well equipped for the coming changes. With SmartVista, we will ride on top of the EMV wave when it arrives, rather than desperately struggle for a rescue boat," said Daniel Yu — First Vice-President, Head Information Technology Group "This five-year commitment allows us to deliver superior service to our customers via BPC's proven SmartVista solutions and to achieve our strategic migration toward open platforms."

Security Bank Corporation. On June 18 2001, Security Bank Corporation celebrated 50 years of banking in the Philippines. Today, it remains among the top ten banks in the country, and has one of the lowest non-performing loan (NPL) ratios among its peers. With the bottoming out of the economic slump and the anticipated improvement in business prospects, Security Bank has now shifted emphasis to gearing up for the future, enlisting top caliber banking professionals and employing the use of new technology to improve its ability to build business and generate value. By focusing on a corporate-wide team effort to effectively manage productivity, relationships, and risks, Security Bankers everywhere are Managing Together, For Tomorrow, to ensure its continued success