Acquisition and Implementation of Integrated Modern Banking System

Overview

Business Systems (ERP, CRM & POS)

Pretoria, South AfricaPosted about 1 month agoDeadline: April 30th, 2026

Fit Score

Settle Intelligence

Settle helps teams find, evaluate, and respond to public RFPs. We continuously surface new opportunities, score them against your company strengths, and draft proposal responses so you can focus on the work that wins business.

SUMMARY

A South African issuer bank seeks the acquisition and implementation of an integrated, API-driven modern banking platform to upgrade digital services and enhance customer experience over a two-year contract.

KEY REQUIREMENTS

BUDGET

Estimate

$5,000,000 – $20,000,000

CONTRACT DURATION

120 months

TIMELINE

Issuing Date: April 1st, 2026

Compulsory Briefing Session: April 14th, 2026

Closing Date: April 30th, 2026

Issuing Agency

Postbank

Organization overview and procurement intelligence available on paid plans.

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DESCRIPTION

A South African issuer bank is seeking a vendor to provide the acquisition and implementation of a ready-to-use, integrated modern banking system. This platform should be unified, modular, and API-driven, designed to deliver robust digital banking capabilities and support a wide range of digital channels. The project aims to replace legacy switching, issuing, and channel systems, thereby enhancing the bank’s offerings and facilitating efficient customer payment transactions through expanded instrument options.

The new solution should support digital onboarding, improved customer service, compliance, and streamlined product delivery. It is expected to drive customer experience enhancements with modern, user-friendly UI/UX designs. Additionally, the platform should provide a scalable foundation for continued core banking evolution. The contract will span a period of two years.

Source attribution

This Settle analysis is based on the issuing organization’s public RFP listing.