Nordnet selects SchlumbergerSema's Procard for asset card processing

Nordnet Securities Bank, the Nordic region's largest Internet broker, is to deploy SchlumbergerSema's Procard processing system for its new Assetcard service, which provides customers with direct access to funds on deposit.

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Nordnet selects SchlumbergerSema's Procard for asset card processing

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SchlumbergerSema's Procard solution allows accounts to be updated in real-time. As well as managing the new service, the company will handle any customer queries.

Stefan Törnkvist, business development manager, finance, SchlumbergerSema, comments: "Since it normally takes quite a few bank days to withdraw cash from their bank accounts, this is a very convenient solution for the customers."

Assetcard will be connected to Mastercard and can be used in the same way.

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