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Project

The Tinkoff Credit Systems bank completed implementation an antifraud system

Customers: Tinkoff Bank

Moscow; Financial Services, Investments and Auditing

Product: IRIS Fraud Prevention

Project date: 2014/08  - 2014/12

On January 30, 2015 the press service of Tinkoff Bank announced system implementation of IRIS as a single system of fraud prevention for all channels of payments. The IRIS system is provided to bank by Tinkoff Bank Wincor Nixdorf company[1].

Office of TKS Bank, 2014

Project Results

With system implementation IRIS Tinkoff Bank had an opportunity of detection of fraudulent activity in real time at the same time in several payment channels.

"Tinkoff Bank is online bank only completely in Russia which works through the hi-tech platform without retail departments that allows us to render services even in the most remote points of Russia — Anatoly Makeshin, the vice president for payment systems, the board member "noted Tinkoff Bank. — Customer service quality irrespective of whether they are individuals or TSP, has for us paramount value therefore we invest in technologies which help us to ensure safety of transactions of our clients. IRIS allows us to provide protection against fraud at implementation of payments, without giving at the same time any inconvenience to clients".
"In the Russian Federation the highest growth rates of fraud in Europe which in 2013 were 28% — Sergey Soldatov, the CEO of bank division of Wincor Nixdorf Russia said. — At the same time the Russian market of payments shows the highest rates of development, and I am sure that interest in the IRIS systems considerably will increase in the near future".

Notes