2008

Migrating from ATM Switching system to ITMX

INFOMAX has been coordinating and participating in a migration plan for member banks from both BASE24 and OpeN/2 ATM Switching system (ATM Pool) to ITMX with the Open architecture payment platform system, called ‘IST/Switch’ which can be easily extended to incorporate additional future functionality, the solution provides a customer-centric approach to integrated payments delivery across all consumer channels, while helping control settlement, transactional and account-based risk.

The 5 member banks being TISCO Bank PCL. (TISCO), Thanachart Bank (NBANK), Thai Credit Retail Bank PCL. (TCRB), Standard Chartered Nakornthon PCL. (SCBT) and Bank for Agriculture and Agricultural Cooperatives (BAAC) migrated to ITMX on February 16, 2008

And On June, 14, 2008, two further banks being Bangkok Bank PCL. (BBL) and Kiatnakin Bank PCL. (KK) migrated, together with the migration of latest 3 banks -- Bank of Ayudhaya PCL. (BAY), Siam City Bank PCL.(SCIB)  and Thai Military Bank PCL (TMB) to ITMX on Aug 15, 2008.