LienVietPostBank goes live on SmartVista paytech platform
LienVietPostBank (LVPB) has replaced its legacy Electra System with BPC Banking Technologies’ SmartVista platform.
The overhaul project included connecting all the banks existing ATMs and integrating with Oracle FSS’s Flexcube core banking system. The bank has also migrated its Mastercard credit, debit and prepaid card products as well as local NAPAS debit card to the platform.
LVPB says it has plans to increase its credit card portfolio and with a new card management system from BPC. The bank is now also equipped with an e-PIN service, a new SMS notification gateway, and a customised reporting and GL configuration.
BPC is now implementing additional solutions at LVPB in a phased approach including collection, scoring, fraud prevention system and a microfinance loan module.
LVPB says the SmartVista platform will be used by all of the Vietnam post offices and LVPB branches. In total, approximately 500,000 cards types and 120 ATMs were migrated to the new SmartVista platform.
SmartVista has paytech clients around the world, including Afghanistan’s central bank, Da Afghanistan Bank, Warehouse Group in New Zealand, Oman Arab Bank in the Middle East, and TienPhongBank (TPBank) in Vietnam.
