SmartVista to process all card product services data
Rotterdam, Netherlands, 26 April 2011 - BPC Banking Technologies, the leading provider of Open System e-payment solutions for the global financial industry, announced that following a competitive bid process, it had been selected to provide key infrastructure components to support the planned introduction of the Universal Electronic Card (UEC) in Russia.
The UEC is one of the major planks in the Federal Government's "e-government initiative". The UEC will be a multi application smart card carrying applications such as a citizen identity card, state medical insurance, pension entitlements and payments. Applications and services on the UEC will be available at federal, regional and municipal levels.
BPC's award winning e-payments suite SmartVista will be responsible for data processing services across the full range of services available on the cards. This will include data capture, routing and authorization for services requested by individual cardholders, such as insurance, pension services etc. The requirements for data processing are highly complex and involve multiple service providers at different institutional levels. Secure and accurate data processing is paramount in building confidence in the overall program and SmartVista was selected for its highly flexible architecture, ease of configuration and state-of-the-art security levels. Additionally, SmartVista's proven scalability will easily manage the vast data flows across this national program.
"This major strategic government imitative requires the best technological solutions available," said Alexander Kapustin, Business Development Director, UEC. "We went through an exhaustive appraisal of international vendors and found that BPC's SmartVista suite met all our requirements for the data management aspects of the program".
"We are enormously proud to have been selected to play such a pivotal role in bringing the UEC from vision to reality" commented Vasily Grigoriev, CEO, "The introduction of the UEC is an important step in streamlining the availability of government services for the Russian citizen and SmartVista's well known flexibility, scalability and security will be used to the full".
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BPC Banking Technologies: BPC is the leading global provider of Open Systems e-payment solutions for the global financial industry. It provides SmartVista, a single integrated solution for transaction processing and card management. The company's customer base includes the largest and most progressive retail banks across four continents. For more information, visit the company's website at www.bpcbt.com
UEC: JSC "Universal e-card" (UEC) was registered on May 12th, 2010. The founders of JSC UEC are Russian financial institutions - participants of the universal e-card development and implementation process: Sberbank, URALSIB and AK BARS Bank. JSC UEC coordinates the interaction of authorized organizations in the Russian regions and maintains a unique registry of universal e-cards and federal, regional and municipal applications for universal e-cards, etc.
© Press Release 2011
