Welcome!

News Feed Item

Compass Plus Expands Its Presence in South East Asia With Bank Tabungan Pensiunan Nasional

Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, has announced its first customer in Indonesia. The company, together with PT Infogram Telemedia as Compass Plus’ distributor for Indonesia, has completed an e-channel switching project for Bank Tabungan Pensiunan Nasional (BTPN). BTPN, Indonesia’s leading commercial bank, chose to migrate its legacy switch and card processing platform to the TranzWare product suite from Compass Plus, enabling BTPN to offer a full range of modern banking services to its customers.

The first phase of the project, which went live in April 2014, saw the bank implement a range of products to support their magstripe card issuing, ATM management and card personalisation. BTPN has also migrated local ATM shared network connections with PRIMA and BERSAMA as part of the scope of the project. The second phase will see the bank issue EMV cards to its customers following Central Bank of Indonesia’s regulation to comply with the NSICCS (National Standard Indonesia Chip Card Specification) by the end of 2015.

Kharim Siregar, IT Director at BTPN, explained: “Part of the BTPN IT strategy is to build capability on e-channel and be ready for high volume transactions to support retail banking initiatives. After a thorough solution selection process, the bank decided to implement ATM switching using TranzWare from Compass Plus, as, in our view, it is the best that met with the bank’s requirements. We went live with TranzWare in April 2014 after a six month implementation period. We are very pleased with the overall implementation and appreciate Compass Plus and Infogram Telemedia, as the local partner, for their commitment and contribution on this successful implementation.”

About BTPN:

BTPN is a bank focused on serving and empowering the mass market segment, which is comprised of pensioners, micro & small enterprises, as well as productive poor communities. This business focus is supported by BTPN’s four business units, namely BTPN Sinaya – its funding business unit, BTPN Purna Bakti – its pension business unit, BTPN Mitra Usaha Rakyat – its micro & small enterprises unit, and BTPN Syariah – which focuses on customers from productive poor communities. Through the Daya program, a measured and sustainable empowerment program, BTPN provides training and information on a regular basis to enhance the capacities of its customers, thereby allowing them a chance to grow and improve their lives. At present, BTPN serves more than 2.3 million customers, through more than 1,200 office networks operating on an online real-time basis, spreading from Aceh to Papua.

About Infogram Telemedia :

Infogram Telemedia offer world-class solutions to the financial services industry covering areas such as Core Banking, EFT (Electronic Fund Transfer) Switching, Card Management System,, and many other solutions. Infogram Telemedia has over 20 years extensive experience helping customers choose the right solution for their business. Through close partnership and cooperation with their solution principals, they can manage the entire process from project planning, requirement analysis, system build, data migration & system integration, system optimization/ performance tuning, user training and After System Go Live support services.

www.infogram.co.id

About Compass Plus:

Compass Plus provides comprehensive, fully integrated and flexible payments software and services that help financial institutions meet rapidly changing market demands. Our diverse customer base spans over retail banks, processing centres, national switches and personalisation centres in countries across Europe, Asia, Africa, the Middle East, North and South America. With almost twenty years experience, Compass Plus helps build and manage all-scale electronic payment systems that generate new revenues and improve profits for its customers.

www.compassplus.com

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device. For more information, please visit https://www.mangoapps.com/.
SYS-CON Events announced today that EastBanc Technologies will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. EastBanc Technologies has been working at the frontier of technology since 1999. Today, the firm provides full-lifecycle software development delivering flexible technology solutions that seamlessly integrate with existing systems – whether on premise or cloud. EastBanc Technologies partners with p...
SYS-CON Events announced today that AppNeta, the leader in performance insight for business-critical web applications, will exhibit and present at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. AppNeta is the only application performance monitoring (APM) company to provide solutions for all applications – applications you develop internally, business-critical SaaS applications you use and the networks that deli...
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, will explore the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences betwee...
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
SYS-CON Events announced today that ContentMX, the marketing technology and services company with a singular mission to increase engagement and drive more conversations for enterprise, channel and SMB technology marketers, has been named “Sponsor & Exhibitor Lounge Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York. “CloudExpo is a great opportunity to start a conversation with new prospects, but what happens after the...
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, will discuss the importance of WebRTC and how it enables companies to fo...
As machines are increasingly connected to the internet, it’s becoming easier to discover the numerous ways Industrial IoT (IIoT) is helping to shape the business world. This is exactly why we have decided to take a closer look at this pervasive movement and to examine the desire to connect more things! Now if you need a refresher on IIoT and how it is changing the world, take a moment and listen to Greg Gorbach with ARC Advisory Group. Gorbach believes, "IIoT will significantly change the worl...
SYS-CON Events announced today Object Management Group® has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today the Docker Meets Kubernetes – Intro into the Kubernetes World, being held June 9, 2016, in conjunction with 18th Cloud Expo | @ThingsExpo, at the Javits Center in New York, NY. Register for 'Docker Meets Kubernetes Workshop' Here! This workshop led by Sebastian Scheele, co-founder of Loodse, introduces participants to Kubernetes (container orchestration). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, participants learn ...
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discuss how businesses can gain an edge over competitors by empowering consumers to take control through IoT. We'll cite examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He'll also highlight how IoT can revitalize and restore outdated business models, making them profitable...
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
Customer experience has become a competitive differentiator for companies, and it’s imperative that brands seamlessly connect the customer journey across all platforms. With the continued explosion of IoT, join us for a look at how to build a winning digital foundation in the connected era – today and in the future. In his session at @ThingsExpo, Chris Nguyen, Group Product Marketing Manager at Adobe, will discuss how to successfully leverage mobile, rapidly deploy content, capture real-time d...
In his session at 18th Cloud Expo, Andrew Cole, Director of Solutions Engineering at Peak 10, will discuss how the newest technology advances are reducing the cost and complexity of traditional business continuity and disaster recovery solutions. Attendees will: Learn why having a full disaster recovery strategy is more important now than ever before Explore the key drivers of a successful disaster recovery solution Achieve measurable operational and business value from a disaster recovery ...
The cloud era has reached the stage where it is no longer a question of whether a company should migrate, but when. Enterprises have embraced the outsourcing of where their various applications are stored and who manages them, saving significant investment along the way. Plus, the cloud has become a defining competitive edge. Companies that fail to successfully adapt risk failure. The media, of course, continues to extol the virtues of the cloud, including how easy it is to get there. Migrating...