Home News & events Press Releases 2008 BystroBank completes certification of processing centre in Visa International


bystroBystroBank, Russia has successfully completed the certification of its processing centre in Visa International with help from Compass Plus. Compass Plus specialists carried out a set of activities from pre-project assessment to software implementation at the bank’s premises and provided technical support to the bank during its certification in the Visa International payment system.

The TranzWare Online front-office system is the main software component of BystroBanks’ processing centre. As a fault-tolerant high-performance solution with a set of unique capabilities, TranzWare Online ensures the technological capability to solve the bank’s challenges within the retail banking market.

One of the key factors that predetermined the bank’s decision to choose this processing system was the flexibility implemented in the suite of TranzWare Online integration tools. One significant tasks of BystroBank’s project was to ensure the continuity and further collaboration with the CityCard local payment system. The adaptability of TranzWare solutions as well as the broad integration experience with third-party information systems allowed Compass Plus specialists together with CityCard Processing Company experts to effectively implement this task.

TranzWare Card Management System and TranzWare Card Factory personalisation system were also implemented in the BystroBank project ensuring the bank was provided with fully functional processing infrastructure. In the long-term, the cooperation between BystroBank and Compass Plus aims to result in the expansion of the processing centre’s functionality, bringing equal benefits to both parties.

BystroBank is a leading financial institution in the regional market of the Udmurt Republic and one of the most dynamic retail banks. The Bank service network consists of 49 offices within the territory of the Ural and Volga Region. The bank intends to establish over 100 new offices by 2011.

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