Home News & events Press Releases 2014 Fininvest Bank migrates its card program to Compass Plus Processing Centre


bank-fininvestFininvest Bank migrates its card program to Compass Plus Processing Centre in record-breaking time

Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, has announced that it has migrated the card program of Fininvest Bank Ltd., based in Russia, to the Compass Plus Processing Centre. The project, which took place in December 2013, was successfully completed in just 10 days, with very little interruption to customer service.

The project saw the partners not only resolve issues quickly with international payment systems, but satisfy all the technological requirements for interacting with the payment systems as well as prepare and execute the migration. As a result, Fininvest Bank’s card program was successfully transferred to the Compass Plus Processing Centre on 30 December 2013, just in time for New Year’s Eve – a busy time for card business.

Fininvest Bank plans to develop its partnership with Compass Plus and has several projects already being implemented.

About Fininvest Bank:
Founded on 31 October 1990 in Saratov, Russia, Fininvest Bank Ltd. is licensed by the Bank of Russia as № 671. The Bank is also included in the register of banks participating in the deposit insurance system under the number 536. The development concept of Fininvest Bank is based on the best experience and achievements of leading European banks. According to the RosBusinessConsulting rating agency, based on the results of 2012, Fininvest Bank ranks 186 in terms of net assets among Russian banks. Today Fininvest Bank  combines the best financial traditions of the banking system with a personal approach to each customer.


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