CoreCard® Expands Into Middle East and APAC Regions - Opening of New Office in Dubai, UAE – Staffed with Former Wirecard e...
30 Octobre 2020 - 12:16AM
CoreCard Software, Inc. (a subsidiary of Intelligent Systems), the
leading provider of innovative credit technology solutions and
processing services to the financial technology and services market
announces the opening of a new office in Dubai, United Arab
Emirates. The new office will operate as a subsidiary of CoreCard
Software, Inc. and will support CoreCard’s expansion of processing
services into new markets in the Asia Pacific, Middle East, Africa
and European regions.
In addition to opening the new Dubai office, CoreCard will be
adding approximately 50 resources previously with Wirecard AG in
its offices in Dubai, UAE and Chennai, India. The resources include
engineering, support, and business professionals with significant
payments industry experience and experience operating CoreCard’s
Processing platforms in the related regions.
"The decision to expand CoreCard’s presence into Dubai was a
logical next step for our growth strategy. We already have great
relationships with the employees we’re hiring, and they have been
working with our software for years through a previous license
arrangement. We are extremely excited to get everyone on-boarded
and contributing to our international growth plan,” said Leland
Strange, CEO of CoreCard. “With this expansion, CoreCard plans to
continue to use the same systems which already provide services for
many multi-currency prepaid card customers in multiple regions. In
addition, we plan to expand our service offerings on the platform
in the region to include all products including our
industry-leading credit card processing products. It will take some
time to build our business in the area and we want to get a strong
initial base to begin that process."
About CoreCard
CoreCard Software, a leading provider of card management systems
and processing services, offers an array of account management
solutions to support the complex requirements of the evolving
global financial services industry. CoreCard® software solutions
provide the market's most feature-rich and flexible platform for
processing and managing a full range of card products including
prepaid/stored-value, multi-currency wallets, virtual card issuing,
instant financing, small loans, point of sale loans, fleet, credit,
debit, commercial, government, healthcare and private-label cards
as well as accounts receivable and loans. Approximately 70 percent
of the debit, credit and gift card transactions in the U.S. each
year are processed by companies in Georgia. CoreCard is
headquartered in Norcross, GA with additional offices in
Bhopal and Navi Mumbai in India and Romania. CoreCard is a
subsidiary of Intelligent Systems Corporation [NYSE
AMERICAN: INS]. For more information, call 770-564-8000, email
solutions@corecard.com, or visit www.corecard.com.
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