Financial Software and Systems

Manila, Philippines, October 26, 2021: FSS (Financial Software and Systems), a leading global provider of integrated payment products and a payments processor, announced its Business Support Suite enables BancNet, the Philippines ATM switch operator, bring efficiencies of speed and scale to automate billing, and settlement for all switched transactions among participants, and to provide their members with an efficient dispute platform facility. In 2020, BancNet processed a record one billion transactions through its platform, significantly contributing to the growth of the country’s digital payments economy. (more…)