FIS, a provider of banking and payments technology, has signed an agreement with Philippine National Bank (PNB) for the delivery of an integrated retail payments platform supported by FIS’ CONNEX Electronic Funds Transfer switching solution (view press release). PNB wanted to modernise its ATM switching solution and selected FIS’ CONNEX for its EFT processing capabilities. CONNEX drives around 53,000 ATMs worldwide through a single deployment.

“PNB selected FIS’ ATM solution for its ability to modernize the bank’s existing payment platform, enabling PNB to offer up-to-date features in response to customer demands. The robust functionality, high availability and scalability of FIS’ CONNEX platform will provide PNB with an improved ability to meet business requirements in a dynamic market,” said Ramon Abasolo, first senior vice president and chief technology officer, Philippine National Bank.