The ELO-branded cards are issued by financial services provider Banco Bradesco and are aimed at all social classes within Brazil. Moreover, FPS is expected to process the prepaid cards issued by Cia Brasileira de Solucoes e Servicos (CBSS) under the new brand beginning with June 2011.
In a recent development, FIS has entered a multi-year partnership with US financial services provider American Chartered Bank to provide the latter with its Integrated Banking Services (IBS) core banking platform.
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