AdvertisementAd space
Bank Pekao taps NCR Atleos for payment switching upgrade
Banking

Bank Pekao taps NCR Atleos for payment switching upgrade

23h ago

Bank Pekao S.A. has chosen the Atleos Authentic payment switching platform from NCR Atleos Corporation to support a modernization of its card payment processing infrastructure. The announcement was made by Atleos, which is listed on the New York Stock Exchange under the ticker NATL.

Bank Pekao is one of the largest financial institutions in Central and Eastern Europe. Its decision to update its card payment processing reflects a broader trend among banks in the region to adopt more flexible and scalable payment technologies. The platform selection is part of the bank's strategy to enhance its payment infrastructure.

AdvertisementAd space

NCR Atleos focuses on expanding self-service financial access for financial institutions, retailers, and consumers. The Atleos Authentic platform serves as a payment switching solution, designed to handle card transaction processing. Banks increasingly seek such platforms to manage growing volumes and evolving payment requirements.

The shift toward modern payment switching systems is driven by the need for efficiency and reliability in card processing. Financial institutions across Central and Eastern Europe are investing in upgrades to handle increasing transaction volumes. For Bank Pekao, the move aims to strengthen its capabilities in a competitive market. The implementation is expected to support its long-term infrastructure goals.

AdvertisementAd space

Source: Finextra