ISC invites bids for Iranian card management system implementation

Tehran-based Informatics Services Corporation (ISC) is inviting bids for the installation and implementation of an international card payment switch in Iran. ISC says it is considering the procurement of a national merchant management system, card management system, ACS (access control server) and FRM (fraud / risk management) to manage international card payments’ usage within Iran’s […]

Temenos eyes Iran’s core banking software market

Temenos is closing in on a core and digital banking software deal in Iran, Banking Technology understands. The vendor is believed to be in talks with Ayandeh Bank (Future Bank). The bank offers retail and commercial banking services. The systems on offer are the T24 core banking platform and Temenos Connect for digital channels. No […]

Iranian banks reconnecting to Swift’s payment system after four-year break

Iranian banks are being reconnected to Swift’s international payments system after a four-year hiatus. Following the lifting of economic sanctions last month under the nuclear deal with world powers, Iran’s Central Bank and 15 other banks have restored access to Swift. The Central Bank says: “The on-boarding process including administrative and technical measures for all […]