Tieto implements new generation fraud management solution in Komercijalna Banka AD Skopje, Macedonia

PUBLISHED ON: 19 December 2011
This article is about: Press release; Financial services

Tieto Corporation    PRESS RELEASE  19 December 2011 at 12.00 am EET

Tieto has implemented the new generation Card Suite Fraud Management solution in Komercijalna Banka AD Skopje, one of the leading banks in Macedonia. Tieto's solution ensures efficient payment card fraud management in online and offline modes. The solution aims at minimizing the payment cards related fraud and ensuring secure card-based operations for the bank's customers.

Thanks to seamless collaboration of experienced and qualified specialists in Tieto and Komercijalna Banka AD Skopje, the system was taken into use well ahead of the initial launch date. During the project, Tieto's specialists also provided value added services including business analysis, system installation and integration with a 3rd party card management system, as well as on-site testing and training.

Komercijalna Banka AD Skopje chose Tieto's solution based on the company's expertise in the payment area, product references, high-quality and advanced technical characteristics of the system as well fast delivery capabilities.

"We had certain requirements regarding monitoring rules, reports and data format. Tieto was ready to adapt the solution according to our requirements very fast.  Furthermore, Tieto has highly professional specialists in the payment card area. The project had a relatively tight schedule and therefore efficient communication between us and Tieto was very important. Tieto demonstrated excellent performance in consulting us throughout the process and keeping us informed continuously. We are very satisfied with the project and collaboration with Tieto", says Kiro Chadikovski, Manager of Cards and Current Account Department, Komercijalna Banka AD Skopje.

"We highly appreciate the level of responsiveness, professional approach and accessibility of Komercijalna Banka AD Skopje project team. The success of the project lies in the ability to cooperate as one team", says Maris Ozolins, Director, Cards, Tieto Financial Services.

For further information, please contact:

Maris Ozolins, Director, Cards, Tieto Financial Services, tel. +371 67510000

Kiro Chadikovski, Manager of Cards and Current Account Department, Komercijalna Banka AD Skopje, tel. +389 2 3133999

TIETO CORPORATION

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Tieto is the leading IT service company in Northern Europe providing IT and product engineering services. Our highly specialized IT solutions and services complemented by a strong technology platform create tangible business benefits for our local and global customers. As a trusted transformation partner, we are close to our customers and understand their unique needs. With about 18 000 experts, we aim to become a leading service integrator creating the best service experience in IT. www.tieto.com

Komercijalna Banka AD Skopje is one of the leading banks in Macedonia, which in its long existence built image of a bank with tradition, trust, reliability, innovation and a strong national and international reputation. How universal Macedonian independent private bank offering a wide range of banking activities, from collecting deposits, crediting of legal entities and citizens, services in international and domestic payment operations, mediation in the purchase of foreign currency, securities, etc. forfeiting.  Through the widespread network of city branches, branches, ATMs and POS terminals, which is constantly increasing, the Bank is always close to service to the final users. www.kb.com.mk