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EuroAsian bank chooses SmartVista processing solution

July 20, 2008

MOSCOW — Kazakhstan-based commercial bank Tsesnabank has launched a fully functional in-house processing center based on the SmartVista system designed by BPC, provider of e-payment solutions for the global financial industry.
 
SmartVista will support the bank's development strategy in the sphere of retail finances and ensure the fast introduction of new products and services based on international payment cards.
 
Founded in 1992, Tsesnabank has 19 full-service branches and 59 outlets throughout Kazakhstan. The bank services more than 100,000 private and 15,000 corporate clients.
 
According to a news release, the chosen solution, which includes end-to-end integrated software modules, will deliver the whole cycle of Visa magstripe and EMV card issuing and acquiring. Within the project, BPC is expected to perform stage-by-stage migration of the bank's card business from a third-party processor to the new platform, as well as its integration with the sponsor's processing center.

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