LankaClear wins 4th consecutive ICASL Annual Report Award

Tuesday, 16 December 2014 01:00 - - {{hitsCtrl.values.hits}}

Sri Lanka’s national payment infrastructure provider, LankaClear Ltd. won a Silver Award at the 2014 Annual Report Awards organised by the Institute of Chartered Accountants of Sri Lanka (ICASL). LankaClear was commended for excellence in reporting and adherence to globally-accredited standards in the Small and Medium Sector. The ICASL Annual Report Awards is the most coveted national recognition for excellence in financial reporting and good governance, and this is the fourth consecutive year that LankaClear emerged a winner at the ceremony, taking home a Silver award in 2013, Bronze award in 2012 and a Merit award in 2011. The Silver award was received by LankaClear Chairperson Priyantha Liyanage. LankaClear is continuing its winning way having bagged yet another award in the Infrastructure and Utilities Sector at the prestigious National Business Excellence Awards last year.

LankaClear Chairperson Priyantha Liyanage said: “Awards are a manifestation of excellence. It is a symbol of a dynamic team, and our repeated success at the Annual Report awards display the strength and commitment of the LankaClear team. We will strive to further strengthen our position at the pinnacle of governance and reporting excellence, as the national payment infrastructure provider for the country.” LankaClear CEO and General Manager Sunimal Weerasooriya said: “LankaClear’s accomplishments at the Annual Report awards, amidst stiff competition this year with the large number of entries, demonstrate the great strides we have made in consolidating on our reporting and good governance principles, which are imperative as the national payment infrastructure provider in the country. We are at the threshold of revolutionising the payments industry with the roll out of the LankaPay national payment network, and the future we envisage will also be built on these values we uphold at LankaClear.” LankaClear is one of the leading and progressive payment infrastructure solutions providers in the Asian Region, and recently launched the Common Card & Payment Switch (CCAPS) under the brand name LankaPay. The LankaPay network is designed to become the backbone for all future electronic transactions, which will facilitate seamless connectivity coupled with online real time payments. LankaClear Ltd., one of the country’s most successful public-private partnerships, is Sri Lanka’s national payment infrastructure provider. The company is jointly owned by the Central Bank of Sri Lanka and all Commercial Banks in the country. LankaClear’s product offering include the Cheque Imaging And Truncation System (CITS), LankaPay – Common Payment Network, Common ATM Service/SLIPS Electronic Money Transfer Service, LankaSign Certification Authority and Bank CSIRT (Bank Computer Security Incident Response Team), among several other critical payment system infrastructure offerings