Sanasa Development Bank in Sri Lanka has begun using core processing software from Fiserv Inc.
The Brookfield, Wis., banking technology vendor said Tuesday that Sanasa installed its Signature core system and teller application in nine months; other banks need two years or more.
P.A. Kiriwandeniya, Sanasa's chairman, said in a press release that it expects the new core system to "streamline our internal processes, and allow us to bring services to the underbanked in our country."