Bank-T, which operates under the 2TBank brand, has implemented a new bank card processing platform built on Compass Plus technologies.
The new platform has two main components: the TranzWare CMS back office system is deployed on the bank’s side, whilst the front-office system is outsourced to the Compass Plus Processing Center.
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2TBank vice president Dmitry Agureev said that the bank was impressed with Compass Plus’ flexibility regarding delivery options and the company was ready to provide turnkey software solutions and card processing services in various configurations.
"In addition, this approach was supported by clear integration tools. As a result, we chose a comprehensive card processing solution from Compass Plus, which combines intrabank and outsourcing resources. I believe that this configuration will enable us to achieve our objectives and provide significant room for growth," Agureev said.
In addition to the launch of the main card program with MasterCard, 2TBank almost immediately became a member of the United Settlement System (USS); the connection to which was also provided by the Compass Plus Processing Center.
The partners are now in discussions for further collaborations and expect to continue their partnership in other areas of 2TBank’s e-business development.
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