Applied Communications, Inc. (ACI), a subsidiary of Transaction Systems Architects, Inc. (Nasdaq: TSAI), announces the continued expansion of its customer base in Europe and Russia. Among the financial institutions choosing ACI software solutions are SGS-AGRO (formerly known as Stolichny Bank of Savings) in Russia; United Payment System of Ukraine, Ltd. in the Ukraine; Postabank in Hungary; and BULBANK in Bulgaria.
The four have licensed a variety of products, including: BASE24-atm and BASE24-pos, the world’s leading ATM and POS processing software; BASE24- InfoBase, a suite of file transfer, electronic funds transfer and hot list management solutions that support the transfer and processing of diverse data types across various networks; and GENcard, a modular set of applications designed to meet the card processing requirements of financial institutions in emerging card markets. BASE24 products operate on Tandem Himalaya servers to provide fault tolerant, high-volume processing. GENcard operates on a range of popular servers including Tandem and UNIX to offer platform flexibility.
SBS-AGRO, the second largest retail bank in Russia, licensed BASE24-atm and BASE24-pos to support its network of 350 ATMs and 3,000 POS devices.
“We anticipate a great deal of growth in our ATM and POS networks, and chose the BASE24 solutions because they will grow with us,” said Vladimir A. Levtchenko, first deputy chairman of the board of SBS-AGRO. “We needed a new system that was state-of-the-art and able to handle a large number of transactions reliably and efficiently. BASE24 running on Tandem hardware is able to meet our needs now and in the future.”
BASE24-InfoBase complements the products SBS-AGRO has chosen to integrate on its new BASE24 platform. InfoBase will collect, distribute and process a variety of EFT data for the bank.
United Payment System of Ukraine, Ltd.
United Payment Systems of Ukraine (UPSU) is an independent processing company that will initially provide card processing services for pensioners to pay their utility bills electronically. UPSU was founded by a number of organizations, including Crimea Credit Bank, one of the leading banks in Crimea. UPSU will use BASE24-pos and GENcard to meet the challenges presented by the Ukraine’s transition from a cash-based to an electronic-cash society.
“To ensure a smooth transition from cash to cards, our customers require reliable, flexible processing and BASE24 meets the need,” said Vladimir A. Dubovenko, general manager of UPSU. “We expect growth in volume and in the types of services our customers want and chose BASE24 because it offers us the flexibility to integrate additional functionality and value-added services to meet customer demand.”
GENcard gives UPSU the ability to quickly introduce new card products and services including card issuance and renewal, customer and card account management, and merchant account management. It offers fast transaction processing and flexible information reporting to effectively manage card business.
The third largest bank in Hungary, Postabank also chose the proven processing performance of BASE24-atm, BASE24-pos and GENcard. Postabank will use its BASE24 platform to combine two in-house card processing operations, offer new card products and bring outsourced processing operations in-house.
“BASE24 is the ideal platform to allow us to meet the rapidly growing card base typical of our emerging market,” said Zsuzsanna Haraszte, director of Bank Card Schemes at Postabank. “The ability to combine our current processing operations into a single reliable system will also allow us to expand our products and services.”
A state-owned bank with 25 branches in Bulgaria, BULBANK is ACI’s first customer in Bulgaria. BULBANK licensed GENcard operating on a Hewlett Packard server to offer card products and services to its corporate and private customer base.
BULBANK will initially use GENcard to issue a domestic Bulgarian Leva card and international VISA cards and to process card transactions. As volumes grow, additional functionality may be added.
“We are in a position to help our customers make the transition from passbooks to card products,” said Alexandre Dokov, deputy manager of Non- Commercial Payments at BULBANK. “GENcard gives us the opportunity to offer the convenience of cards to our customers while automating and reducing some of the administrative costs associated with manual transactions.”
BULBANK will establish its card processing centre in its main office in Sofia. Branches throughout Bulgaria will be linked via network connections.
“These are just a few examples of customers adding the flexible solutions ACI has to offer,” said Tom Boje, managing director of ACI’s Europe, Middle East and Africa Operation, based in the United Kingdom. “They represent ACI’s ability to offer solutions across the processing spectrum. Whether the need is for high-volume processing, ATM and POS switching, card maintenance or new functionality, we have the solution. And, we are committed to offering solutions and products that meet our customers’ needs today and in the future.”
Applied Communications, Inc. is a subsidiary of Transaction Systems Architects, Inc. (Nasdaq: TSAI). Transaction Systems’ software facilitates electronic payments and electronic commerce by providing consumers and companies access to their money. The company’s products are used to process transactions involving credit cards, debit cards, smart cards, home banking services, checks, wire transfers and automated clearing and settlement. Its solutions are used on more than 2,700 product systems in 69 countries on six continents.
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