ASIANET : INTERNATIONAL BANK OF ASIA SELECTS EQUIFAX'S FBS SOFTWARE

ข่าวต่างประเทศ Thursday January 2, 1997 08:39 —Asianet Press Release

HONG KONG, Dec. 30/PRNewswire/AsiaNet/ -- One of Hong Kong's leading retail banks, International Bank Of Asia (I.B.A.), has selected Equifax to provide the computer software it will use to upgrade it's credit card processing. The software system from Equifax subsidiary FBS software is the first Unix-based platform installed for card processing in Hong Kong. "We have both our mainframe and Unix produts installed in the Hong Kong market now," said Larry Towe, FBS president. "International growth is a large part of our business stategy because we know we have the expertise and customer service capabilities to assist banks and other card issuers around the world. We're proud to be selected by I.B.A. for this important installation." The software package installed for I.B.A. comes from Equifax's line of Unix products, known as Multipac. Multipac is a portfolio of advanced software systems for payment and credit card processing, accounting, point of sale and automated teller machine management. the Unix-based Multipac is particularly suited to bank operations with open systems. Mr. Bashar Samra, Head of Consumer Banking at International Bank of Asia, stated, "In an extremely competitive market such as Hong Kong, delivering high value service is critical to maintain our leadership position. The FBS package we are acquiring is a key part of this effort, enabling us to meet customer requirments, monitor credit exposure and manage our portfolio to maximize profitability. I.B.A. has gained a reputation for innovation in customer services, and this Equifax product will ensure that we continue this competitive edge." For more information on FBS Software, contact: Mark Wingate at 404-847-9988, or write to 1150 Lake Hearn Drive NE, Suite 500, Atlanta, GA 30342,USA

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