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The partnership also underscores Evertec’ s experience supporting financial institutions in demanding regulatory and operational environments and reinforces its position as a trusted technology provider with both local and regional presence across Latin America and the Caribbean.

EVERTEC is a leading full-service transaction processor and financial technology provider in Latin America, Puerto Rico and the Caribbean, delivering merchant acquiring, payment services and business process management services to financial institutions, merchants, corporations and government agencies.

As part of the partnership, Evertec will operate Transbank’ s transactional scope along with selected platforms and services, providing the company with access to state-of-the-art technology intended to improve operational efficiency, scalability and customer responsiveness in an increasingly competitive market.

“ This collaboration with Transbank represents an opportunity to continue advancing the evolution of the payments ecosystem in Chile and across the region,” said Mac Schuessler, President and CEO, Evertec.“ Evertec’ s experience, scale and innovation enable us to support Transbank in this new phase, while reaffirming our long-term commitment to

Chile as a key market within our growth strategy for Latin America.”

Sergio Ávila, CEO, Transbank, said:“ In an increasingly competitive environment, as a company we continuously evaluate alternatives that allow us to successfully anticipate the current and future challenges of the business. This agreement with Evertec represents a key milestone in our Digital Transformation roadmap. As a company, we have a responsibility to drive new levels of service and move with greater agility to respond to our customers needs.”

Founded in 1989 and headquartered in Santiago, Transbank has played a central role in the evolution of electronic payments in Chile for more than three decades. The company provides payment solutions for merchants of all sizes and processes millions of transactions daily, supporting the modernization of commerce, the adoption of digital payment methods across the country and the integration of Chile’ s financial system with banks and international financial institutions.

Evertec owns and operates the ATH network, one of the leading personal identification number( PIN) debit networks in Latin America. The company also manages electronic payment networks and provides services for core banking, cash processing and fulfillment in Puerto Rico, processing more than ten billion transactions annually while supporting customers in 26 countries with‘ mission-critical’ technology solutions and advanced financial technology outsourcing services throughout the region today.

The agreement further highlights growing demand across Latin America for secure, scalable and flexible payments infrastructure capable of supporting rapid growth in digital commerce and financial services innovation. Industry investment in advanced payment technologies continues to increase as businesses and financial institutions seek to modernize customer experiences, improve transaction processing capabilities and strengthen resilience across increasingly complex payment ecosystems in both domestic and cross-border markets. • www. intelligentcio. com

INTELLIGENT CIO LATAM

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