News

Russia's Uniastrum Bank goes end-to-end with BPC processing suite

July 3, 2013

E-payment solutions provider BPC Banking Technologies has announced that Moscow-based Uniastrum Bank has chosen the BPC SmartVista product suite as part of a complete overhaul of the FI's processing center.

The new system will allow Uniastrum to offer customers state-of-the-art banking cards, enhance the functionality of its Internet solutions, improve ATM and kiosk operation and, before long, provide new services such as mobile and SMS banking.

The SmartVista suite will use 3D-Secure protocol to provide an additional security layer for online transactions using Uniastrum credit and debit cards.

"Our task ... is to ensure that we're a bank that millions of customers can totally rely on and that we're always there to help them with any financial matter," said Susanna Uzunyan, a member of the Uniastrum management board and head of the retail product design and development division.

"Updating our processing center is just another step to achieving our goal, and implementing this project will create a wide range of new possibilities for us and our customers alike," she said.

The processing system upgrade will reduce time to market for new card products, said Vasily Grigoriev, managing director of BPC Banking Technologies.

"By enhancing functionality using the SmartVista product suite, the bank will be better placed to press ahead with its plans to upsize card volumes, optimize the operations of all its online banking solutions, and offer customers new, high-quality services," he said.

Read more about transaction processing.