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Société Générale’s Russian consumer lending subsidiary, Rusfinance Bank, has implemented the Card Suite solution from TietoEnator Banking & Insurance. The solution streamlines credit card operations and enables the bank to build up the card issuing, acquiring and processing cycle, helping the bank to win new customers in the highly competitive financial market, says Dmitry Lenshin, [...]

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CPS Technologies, the French subsidiary of ABnote (American Banknote), has joined with e-security solutions specialist Cryptomathic, to offer financial clients online two-factor authentication services, including token distribution and OTP (one-time-passwords). “French banks predominately use static passwords to authenticate online customers,” says Olivier Cau, security and technical director at CPS Technologies: “By partnering with Cryptomathic we [...]

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Raiffeisen International says its new group data processing and payments centre in Romania, which started operations in spring 2007, is providing services to 11 of its units, in nine countries. CRISP (Centralised Raiffeisen International Services & Payments) is a shared service centre for RI’s banks in Central and Eastern Europe (CEE). More than 50% of [...]

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Now under the ownership of private equity group KKR, First Data has announced deals with customers in Slovenia, Ireland and Germany. In Slovenia, First Data has signed a cross-border processing agreement with Mercator, headquartered in Ljubljana, which operates hypermarkets, supermarkets and grocery stores in Slovenia, Croatia, Serbia, Bosnia and Herzegovina and Montenegro. First Data will [...]

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Banco Sabadell, one of Spain’s largest banking groups, has teamed up with Serverside Group to launch Instantcard, a new card customisation service, available across its entire MasterCard portfolio. The service went live on February 4 2008. It is initially being offered across three of Banco Sabadell’s five brands: Sabadell Atlantico, its core banking arm, BancoHerrero, [...]

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