Solutions Modules Case Studies News Company Support Contact Us Login PSD2 | Wallet | Cards | Acquiring | Gateway | B2B Cards | Digital Banking WAY4 News Press Room News 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 Events 2018 2017 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 National Bank of Greece Strengthens Market Leadership with WAY4 July 14, 2018 National Bank of Greece, the country’s leading banking institution, has successfully completed the migration of its debit card portfolio to the WAY4 card management system provided by OpenWay, a top-ranked digital payments software provider. Investment in the new platform supports the bank’s vision to enhance its leading position in Greece and further accelerate business growth. National Bank of Greece has been awarded for the best Card Management System (CMS) Project at the Bite Awards 2018 held on the 13th of June. During the ceremony the bank has appreciated OpenWay and Accenture companies that helped National Bank of Greece to successfully transform its business on the WAY4 CMS solution. National Bank of Greece has replaced its legacy mainframe systems with a modern, future-proofed platform from OpenWay. WAY4 will support increasing transaction volumes and accelerate the development of new products and services. WAY4 from OpenWay is an open, all-in-one platform that enables different types of digital payment: card and account issuing, merchant acquiring, transaction switching, omni-channel digital banking, digital wallets and an e-commerce gateway. It offers product and service flexibility, scalability and high performance – which are the crucial requirements for dynamic business growth. National Bank of Greece will reduce the total cost of ownership of its IT infrastructure by consolidating its card business on a single platform. It will also cut costs by eliminating outsourcing and certain internal operational costs. More than 4 million debit cards, the majority of which were recently upgraded to contactless, have been migrated to WAY4. National Bank of Greece is now in the process of migrating its credit and prepaid card portfolios and its POS and ATM acquiring business to WAY4; it will also replace its Base24 switch to the payment schemes. “Delivering an amazing customer service experience is a top priority for us and the centralization of card business on WAY4 enable us to operate more efficiently, react to new market trends quickly, and be more competitive in the open banking environment” - notes Pericles Papaspyropoulos, Sector Head, Cards Division, NBG. “We are proud to be a strategic partner for National Bank of Greece and support them in the implementation of their ambitious digital payments strategy. Reliance on a technically excellent platform, strong partnership between all involved parties and the commitment to the project from the bank’s top management, brought us to this big success. We would like to thank our partner, OpenWay, for this excellent collaboration” – says George Pallioudis, Accenture Greece Payments Practice Lead. “WAY4 technology supports end-to-end customer engagement: from seamless digital acquisition to flexible products management via omni-channel to smart data-driven services,” says Sophocles Ioannou, Regional Manager at OpenWay. “We are honored that National Bank of Greece has selected WAY4 as key element of their digital transformation project. We now look forward to further supporting them in delivering innovative services and products to the Greek market,” he adds. Related links WAY4 News See All Home | Solutions | Modules | Case Studies | News | Company | Support | Contact Us | © OpenWay Group, all rights reserved Main | WAY4 CMS | WAY4 Switch & Channel Banking | WAY4 Digital Wallet | WAY4 Behaviour Loyalty | WAY4 Commercial CMS | WAY4 Smart Card Perso | WAY4 PSD2 Hub & Instant Payments | WAY4 Dynamic Currency Conversion | WAY4 Acquiring | WAY4 Digital Lifestyle Banking | see more Main | WAY4 Digital Wallets: NFC and QR Implementations for M-Commerce | Savings Bank of Russia Processes over 140,000,000 Cards Online on WAY4 | Being the Core of the National Payment Ecosystem | Equens Strengthens its SEPA Proposition with WAY4 | Bank and Vendor: Dependency or Partnership? | Speeding up Profit with Contactless | Ukreximbank's processing on WAY4: 10 years of progress | Innovative Projects of AzeriCard – a Red Carpet Treatment | Savings Bank of Russia Migrates to OpenWay’s WAY4 System | Thailand’s Payment Solution: WAY4 Prepaid Co-Branded Cards | Banksys Handles Change with WAY4 | see more