Kapitalbank offers a full range of financial services to commercial as well as to the private sector of Uzbekistan.

With the solution the bank is able to increase efficiency and quality of its card services. Furthermore, the new solution with chip application of issued cards and advanced fraud monitoring solution ensures high transaction security and minimizes cardholders' risk of fraud. Kapitalbank stands out among local banks with advanced services like card to card transfers and SMS notifications about transactions offered to its cardholders.

Boris Maltsev, Plastic Card Department Director says: "After we have created a card processing centre for the bank, we will be technologically ready to develop a new product line. We plan to offer customer services which are innovative in Uzbekistan. When choosing the supplier, we emphasized high security. Tieto's solution turned out to comprise to all our requirements. In-house processing allows the bank to develop new services independently and we are confident that Tieto specialists will help and support us in this process."

Maris Ozolins, Director of Cards, Financial Services, comments: "Kapitalbank is our third project in commercial operation in Uzbekistan. This shows an appreciation for our technological expertize and quality of implementation. We hope that on our technological platform will form the basis for the new national payment system of Uzbekistan."

Tieto Card Suite is a payment card solution for issuing, acquiring, switching, clearing, settlement and fraud management. The solution is used by banks and large payment card transaction processing centers in 30 countries worldwide. Card Suite customers have chosen Tieto for its capability to deliver innovative solutions with a solid return on investment.