Home News & events Press Releases 2012 National Standard Bank migrates their processing centre to TranzWare


The National Standard Bank has integrated the TranzWare product line from Compass Plus

natsstadThe processing centre of the National Standard Bank has successfully completed migration from Rucard software to TranzWare from Compass Plus. With the direct support of Compass Plus staff, the migration of their issuing and acquiring base with the certification in Visa International and Mastercard International, as well as the integration with the processing centre of partner bank Uralsib has taken place.

The specialists of the bank are currently finalising the configuration of the clearing interchange with the sponsor bank. Upon its completion, National Standard Bank plans to deploy the TranzWare Interchange clearing and settlement system in order to offer processing services to RusYugBank subsidiary bank.

The Compass Plus specialists have implemented the file exchange interface between the Diasoft CBS and the TranzWare CMS back-office system. The configuration of the implemented card back-office system includes a retail banking component, specifically a credit module that allows the bank to offer a credit line via bank cards in terms of overdraft and revolving credit.

Elena Gorchakova, Head of Payment Systems Department at National Standard Bank commented: “Having recently become users of TranzWare we have already been able to appreciate the advantages of working with this system and we are full of business ideas that we plan to implement with the new software. On behalf of my colleagues and myself, I want to thank the specialists from Compass Plus for their well coordinated work during the migration process. We hope that in the future our relationship will continue to flourish and we will always be able to achieve understanding and satisfaction with our joint efforts.”

Next the bank is planning to offer its customers remote banking services: Internet Banking (enabled by TranzWare Internet Banking) and Mobile Banking (enabled by TranzWare Mobile Banking).

About National Standard Bank:

National Standard Bank was established in October 2002. The bank is a member of The National Fund Association, S.W.I.F.T., REUTERS, associate member of Visa International and an affiliate member of Mastercard as well as a participant of the Deposit Insurance System. National Standard Bank offers a wide range of banking services, performs all types of banking operations and actively develops investment business. The key business objectives of the bank include the development of partnerships with medium-sized and large corporate customers, development of retail business and the dynamic extension of their financial services product line.



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