The National Bank of Malawi has selected Nomad’s Cortex software platform to support its migration to Visa EMV debit card issuing and ATM/POS acquiring.
Cortex, the EMV enabled, scalable card processing solution, will provide the technology the bank needs to offer full Visa compliance and therefore enable it to issue Visa branded and proprietary cards.
Cortex platform’s ability to interface with the bank’s highly-sophisticated back-office system, based on the established retail banking system, Bankmaster is one of the major reasons the National Bank of Malawi decided to work with Nomad on the project.
Austin Musyani, head of retail banking at the National Bank of Malawi, said: We were looking for a product that would enable us to take full advantage of our new status of principal Visa member without compromising our existing range of services. It quickly became clear that Cortex’s comprehensive functionality would not only help us swiftly and efficiently achieve our immediate goals, but would also enhance future initiatives and enable us to maintain our position as the leading bank in the country.