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Egyptian Arab Land Bank appoints MDSL to provide and implement a full EFT platform

August 23, 2018 - Beirut, Lebanon

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MDSL, an ITG company specialized in the supply and integration of banking solution in Lebanon and the Middle East region, was chosen by Egyptian Arab Land Bank (EALB) to provide the most advanced Electronic Funds Transfer (EFT) platform from FIS. MDSL will be integrating the new Switch and Card Management System with the existing environment in Egypt and Palestine as phase one, and Jordan as phase 2.

 

EALB took the right decision to proceed with MDSL to help them in their strategic plan, in fact MDSL senior professionals have an extensive experience in integrating turnkey vertical market solutions in the region and proud to add EALB to their customer reference list.

 

The project was signed end of 2017, the implementation has started and it will be done through several phases.


The systems provided by MDSL allows EALB to have  their Electronic Funds Transfer infrastructure consolidated on a single platform:

  • IST Switch is the core of the online switching solution
  • Card Management is a secure and flexible debit and prepaid card management solution, enabling EALB to respond to market demands faster

 

About EALB
 

Since its inception 138 years ago, the Bank has established itself as one of the largest banking entities in Egypt, specializing in real estate investments and trade finance. In Jordan and Palestine, the Egyptian Arab Land Bank is a commercial bank providing a comprehensive range of corporate, retail and investment banking services.

Although the bank has witnessed numerous internal and external changes during its long and successful history, its core aim remains the same – to provide innovative, accessible and valued financial support for the Arab economy as a whole.

For more info: www.eal-bank.com

 

About MDSL

 

Established in 1978, MDSL, an ITG company, has a proven track record in the supply and integration of turnkey banking solutions in Lebanon and the Middle East region, including:

  • Core banking solutions: Core banking, treasury, risk management (asset liability management, profitability, Basel II), corporate & retail lending, electronic signature verification and mobile & internet banking
  • EFT solutions and payments: ATM/POS switching, Card management, Fraud management, and EFT software simulation (ATM/POS terminals, Hosts to Host interfaces), and instant / central card issuance systems

In addition, MDSL offers Telco solutions, business analytics, business intelligence, and enterprise content management solutions, and specialized software for the corporate governance.
For more info: www.mdsl.com.lb

Information Technology Group (ITG) is a Lebanese holding company. We combine an array of autonomous affiliates dedicated to providing a large portfolio of solutions and services in the MENA region, in the areas of hardware, system software, and application software, in addition to building automation and office solutions.

Strong with our established reputation, proven track-record, and solid partnerships with leaders in the ICT industry, ITG can offer the full spectrum of solutions to most businesses, ranging from office furniture to the full-fledged data center, in addition to Cloud-based services.

ITG derives additional strength and reach thanks to its affiliation with the HOLCOM group of companies which has a 50 year history in diligently serving clients in the EMEA region with its 5,700 professionals.

For more info: www.itgholding.com