16 December 2017
visit www.ebaday.com

Nordea signs Nordic-wide card services agreement with Luottokunta

25 May 2010  |  3347 views  |  0 Source: Luottokunta

Nordea, the leading Nordic bank has signed a long-term service agreement with Luottokunta for the chip card data management of its Nordic payment cards as well as production of card personalisation material (Smart Card Management).

This service will cover all Nordea's payment cards in Finland, Sweden, Norway and Denmark. Nordea manages numerous card schemes in the Nordic countries, including both international Visa and MasterCard card products and national payment cards.

"We are delighted that we will be able to offer our special expertise in payment card management on a Nordic level. We have long experience in providing security calculation services and special expertise in chip management ", affirms Mikko Pilkama, Executive Vice President at Luottokunta.

"Since we have systematically developed our Smart Card Management service, we are no longer dependent on individual card personalisation companies, which in turn makes competitive bidding easier."

"This agreement efficiently implements Luottokunta's strategy of being the best partner in card payments in the Baltic Rim", continues Pilkama.

Luottokunta's Smart Card Management service package contains payment card product set-up and maintenance services, card manufacturing material processing, security calculation services, and support and consultancy services.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.aciworldwide.comvisit www.ebaday.comvisit www.thomsonreuters.info

Top topics

Most viewed Most shared
satelliteRipple completes XRP Lockup
10357 views comments | 3 tweets | 2 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
9794 views comments | 17 tweets | 36 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
7045 views comments | 19 tweets | 20 linkedin
hands typing furiouslyReshaping Customer Engagement & Da...
6446 views 0 | 4 tweets | 2 linkedin
Nordea takes Open APIs into live productionNordea takes Open APIs into live productio...
6107 views comments | 5 tweets | 26 linkedin

Featured job

to £70K base, £105K ote, benefits
London, UK

Find your next job