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Islamic Finance Briefing - Categorized | Funds, Market Moves more

Alaric International: Leading Islamic financial institution goes live with Alaric’s high performance EFT authorization and routing system

Posted on 13 May 2010

Alaric International, a leading supplier of advanced technology solutions for the card payments industry, today announced that Kuwait Finance House (KFH), one of the world’s leading Islamic financial institutions, has gone live with a deployment of Alaric’s ‘Authentic’ payments platform. The project was implemented with the local support of 3SC Technologies, Alaric International’s regional partner in the Middle East.
In a key technology refresh, Kuwait Finance House selected Authentic as a replacement integration layer to manage the bank’s entire channel banking payments traffic between its legacy switching system and the back office………………………………………Full Press Release: Source

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