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Channel Group to resell Alaric payment and fraud prevention systems in Philippines

Alaric International has inked a partnership agreement with Philippines based Channel Group to resell its authentic payment and fractals fraud prevention systems to banks.

The strategic alliance, established in anticipation of banking technology upgrade investment in the country, will further boost its presence in Asia Pacific region.

Fully customizable, cost-efficient, flexible and easy to use Alaric’s fraud prevention technology allows banks to concentrate on other front of their operations.

Alaric supplies fraud prevention and payments technologies, including mobile payments, ATM and POS driving, payments switching, complex multi-channel payments integration and enterprise fraud and risk management systems.

The Channel Group offers third party maintenance services for banking equipment ranging from ATMs and telling equipment to passbook printers in partnerships with other manufacturers.

The company has also developed a software services business for a range of card payment systems such as ATM switching and cash card and loyalty card management.