Bank Of Baku

Royal Bank to launch processing system next week

Royal Bank to launch processing system next week
# 28 October 2010 15:04 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Royal Bank will launch Royal Card universal processing system on the basis of CompassPlus program complex, from November 2, 2010.

Bank says this system will create opportunities for issuance of local cards, increasing of efficiency and quality of operations on payment card business.

Besides, the Royal Card software includes the program module of monitoring and prevention of fraud operations, connection modules of payment terminals, preparing of information on payment cards and privatization of cards.

The main purpose of this processing system is to provide the control to strategic and important management of bank card business.

Deputy Chairman of Board of Directors Farid Hasanov says that this system will provide the control of management of bank card business.
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THE OPERATION IS BEING PERFORMED