Vietnamese firm FPT to help build payment system for Myanmar

YANGON – FPT Corp has been selected as the main investor of Myanmar’s national financial switching system. Under the memorandum of understanding signed between the group and the Myanmar Payment Union (MPU) on July 31, FPT Information System (FPT IS) – a member of the FPT Corporation – will start developing the financial switching system […]

AYA Bank Turns to Irish Firm to Manage Banking Networks

Irish banking software firm CR2 said local lender Ayeyarwady Bank (AYA Bank) has selected one of its solutions to manage the bank’s entire distribution network of ATMs, online banking and POS channels. BankWorld, CR2’s self-service integrated platform, will be used to propel the bank’s move towards a digital and omnichannel banking environment, which manages service […]

Ayeyarwady ATMs in Myanmar accept MasterCard, Maestro/Cirrus

Myanmar’s Ayeyarwady Bank has announced that its automated teller machines will accept cash withdrawals by customers using MasterCard and Maestro/Cirrus cards. This means more ease and convenience for the million visitors expected to converge on Myanmar during the 27th Southeast Asian Games to be held in Nay Pyi Taw from December 11-22. AYA Bank has […]