IRIS CMS is a comprehensive card management solution that supports debit and prepaid cards, enabling banks, financial institutions, payment processors and large retailers to issue new products, create new revenue streams, and expand their reach. The scalable solution has been developed to support all aspects of the issuing business end-to-end.
IRIS CMS has complete multi-tenant, multi-product, multi-currency and multi-language capabilities. It enables financial institutions to manage large card portfolios using a single, scalable platform. IRIS CMS is built to comply with EMV standards. It can be easily integrated with core banking systems and third party solutions such as fraud detection and CRM.
The solution enables high levels of customer support that is essential for the success of card issuers. It offers a consolidated dashboard of customers and their transactions, allowing issuers to view the complete relationship with their customers. Powered by IRIS Payment Platform, IRIS CMS is designed for financial institutions that demand a high level of flexibility to launch new products quickly and cost-effectively.
IRIS Demonstrates Superior Performance on IBM Power8
Performance benchmark conducted at IBM’s Montpellier Center confirms that IRIS EFT switch can be scaled to process 18,611 transactions per second while IRIS Card Management System can be scaled to process 7,121 transactions per second when tested on 30 million cards.
