Nepal Clearing House selects ACI Worldwide to power National Payment Switch service
Nepal Clearing House expects to launch its NPS service in Q4 2024.
Nepal
Nepal’s Kumari Bank taps Compass Plus Technologies for payments processing
The pair states that it has migrated over 500,000 cards, 1,200 POS terminals and almost 300 ATMs.
Nabil Bank outsources card paytech to Compass Plus
Nepal-based Nabil Bank has migrated its card processing business to Compass Plus’ processing centre.
Janata Bank moves merged and acquired banks to Oracle FFS Flexcube
Data migration project in Nepal completed with the help of JMR Infotech.
Infosys Finacle core banking system live at Sunrise Bank in Nepal
Infosys’ flagship core banking offering, Finacle, is live at Sunrise Bank in Nepal. Finacle ousted Temenos’ T24 core banking system (installed at the bank six or so years ago).
New banking platform for MFIs in Nepal
34 microfinance entities in Nepal have joined forces to set up a fintech company – Nepal Finsoft – to build and maintain a shared core banking platform.
Western Union teams for mobile wallet venture in Nepal
Western Union has launched a new mobile money transfer service in Nepal, which aims to capitalise on the country’s massive inflow of cross-border remittance payments.
