Mandates and payments roundup, December 20

Regional Development Bank and Golomt Bank implement new banking solutions, while First Data launches a new online payment gateway.

Regional Development Bank selects banking solution from Polaris

Sri Lanka’s Regional Development Bank RDB has implemented a banking solution from Polaris Financial Technology. The solution, Intellect Core Banking Solution, will provide clients of the country’s largest development bank with better banking facilities, according to Polaris.

“There was an acute need to provide a better banking service to meet the challenges of our customers in a fast changing and rapidly progressing economy,” said Rathnasiri Siriwardena, chief executive and general manager of RDB. “The bank’s role is to be a catalyst in the development programme, particularly in the rural economy by providing most appropriate solutions to priority sectors.”...

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