Euronet India Services will be powering YES Bank’s core payment infrastructure including switching transactions between end points, driving payment channels, card management services, etc.
YES Bank decided to modernize its core payment infrastructure to drive the bank’s next level of digital growth. The right-to-use license deal was signed in the last quarter of 2017 and the project has witnessed a record implementation timeline, going live in Feb 2018.
Anup Purohit, CIO of YES Bank, said: “Since inception, YES Bank used technology and innovation to offer a superior banking experience to our customers, and with this partnership we re-iterate our commitment to customers via implementation of a core payments platform.”
