Smolensk Bank advances work with card products

The company Tieto also Smolensk Bank signed the agreement on business development of Bank in the field of payment cards by means of implementation of the complete solution based on products Tieto Card Suite the company reported on February 8, 2013.

Expectations

The solution will allow Bank to perform all necessary functions for issue and acquiring of payment cards, including such business applications as Card Suite ATM Management, Fraud Detection, Dispute Management, E-Commerce with support of the directions of issue and acquiring on technologies 3-D, Money Transfer Service and also a number of interfaces for providing a full support of infrastructure of Bank.

Nadezhda Levina, the head of department of payment systems of the Moscow branch of the Smolensk Bank, noted: "Our business of payment cards due to increase in portfolio of products and availability of services will allow to develop a Tieto solution. As a result, it will lead to increase in a customer loyalty and stronger positions in the market in the future".

"The Smolensk Bank already locates the corresponding infrastructure for creation of business of payment cards, and the business applications of Card Suite offered by Tieto company represent the most suitable basis for further developments of Bank. Moreover, I already expect how as a result of our cooperation this business becomes successful and prospering", - Mâris Ozolinsh (Mgris OzoliX š), the director of division of Cards, Tieto Financial Services added.