Access Bank Nigeria deploys new card and ATM solution
On Monday, 29 July 2019, CR2 announced that it has successful migrated the entire network of Access Bank’s ATMs to its ATM driving and card switching solution. This makes CR2 responsible for the largest ATM network in Nigeria, as with over 3,000 ATMs, Access Bank is the largest card issuer in the country.
According to a company press release, CR2, which is headquartered in Dublin, Ireland, will also manage the migration of the lender’s card management system. This move follows the deployment of CR2 BankWorld solution project. According to CR2, this project will bring greater control, revenue opportunities and long-term cost savings as banks migrate their card management systems and ATMs to the platform. This CR2 BankWorld platform is fully certified for the issuing and acquiring of Verve Card, and it supports all localisation required for the Nigerian services and payment systems market. The digital banking platform enables banks to tailor their messages and branding to customers through the ATM.
Currently, CR2 is one of only two switch vendors operating an ATM network for banks in Nigeria. Earlier this year, Access Bank became the largest retail bank in Africa following the completion of its merger with Diamond Bank.
CR2 is a global banking software company which specialises in offering products to the banking industry in over sixty countries worldwide. Founded in 1977 and incorporated in Ireland, the company offers ATM and digital channels which provide personalised services built upon an omnichannel, integrated, digital banking platform known as BankWorld. The Irish company is headquartered in Dublin but it has offices in Lagos, London, Dubai, Amman, Peth, Cairo and Bengaluru.