08 December 2016
Visit aciworldwide.com

First Data signs outsourcing deal with Poland's SK Bank

18 December 2012  |  2866 views  |  0 Source: First Data

First Data Corporation, a global leader in electronic commerce and payment processing, today announced that it has signed an agreement with SK bank, a leading cooperative bank in Poland.

Under terms of the agreement, First Data in Poland will provide a full range of outsourced issuing and payment processing services for SK bank's debit, credit and prepaid card portfolios. First Data will also enable the bank to access card payment data on a 24/7 basis. Another key aspect of the agreement will be the implementation of Proactive Risk Manager, a fraud transaction monitoring system provided by First Data.

"I would like to emphasize that we always choose our business partners carefully, with the welfare of SK bank customers being our first priority," said Jan Bajno, chief executive of SK bank. "First Data has met the high standards required by SK bank from a payments and card processing perspective. The company has over 20 years experience and provides high levels of security, supported by industry certificates. As SK bank develops, we plan to broaden our product portfolio and introduce state-of-the-art multi-application cards and cards that are not currently available in the Polish market. We are sure that First Data will support us during the implementation of these planned projects."

"We are pleased that SK bank, a respected company with a long tradition in Poland, chose First Data as the main processor of its bank card portfolio," said Janus Diemko, managing director of First Data in Poland. "In our view, SK bank's decision to outsource such a wide range of responsibilities for existing and planned new products is testament to First Data's capabilities and credibility and shows an appreciation for the quality of our work."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit VocaLink.comVisit aciworldwide.comFind out more

Who is commenting?

A Finextra member Finextra Member Commented on: Payments regulator blo...
A Finextra member Finextra Member Commented on: Payments regulator blo...

Top topics

Most viewed Most shared
Guesswork alone can crack Visa card security - Newcastle UniversityGuesswork alone can crack Visa card securi...
7531 views 12 comments | 15 tweets | 27 linkedin
OCC to offer fintech firms bank charter statusOCC to offer fintech firms bank charter st...
7139 views comments | 25 tweets | 15 linkedin
China tops world fintech rankingsChina tops world fintech rankings
6974 views comments | 35 tweets | 30 linkedin
Fed Governor sounds warning on alternative credit scoring dataFed Governor sounds warning on alternative...
6316 views comments | 19 tweets | 20 linkedin
Big tech policy group calls on Trump to promote fintech innovationBig tech policy group calls on Trump to pr...
5752 views comments | 22 tweets | 11 linkedin

Featured job

Find your next job