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Belinvestbank selects Tieto for its fraud management solution

Tuesday 11 June 2013 07:23 CET | News

Belarusian financial services provider Belinvestbank has selected Finnish IT services provider Tieto for its fraud management solution.

Using Tietos Card Suite Fraud Management solution, the bank will be able to manage its own monitoring and risk control services and also to prevent fraud related operations carried out using both local BelKart cards and international payment cards Visa and MasterCard.

In addition, the solution allows the bank to perform transaction analysis, to prevent attempts to commit new types of fraud. Card Suite Fraud Management system ensures management of fraudulent activities and works in both directions: issuing and acquiring. The provided solution will protect the banks cardholders and help to conduct monitoring of transactions performed by merchant organizations.

Tieto operates in over 20 countries with net sales of almost EUR 1.8 billion. Belinvestbank provides banking products to a range of businesses and private customers in accordance to the legislation of the Republic of Belarus.
 


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Keywords: Belinvestbank, Tieto, fraud management, online fraud, Finland, Belarus
Categories: Fraud & Financial Crime
Companies:
Countries: World
This article is part of category

Fraud & Financial Crime






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