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PASHA Bank Chooses New System of Protection against Fraudulent Card Transactions
The company Tieto offered PASHA Bank an effective solution to protect against payment card fraud.
As reported in the bank, through this new solution PASHA Bank aims to further improve security and stability for their clients, preventing and detecting fraud. "We understand that one customer segment, which focuses on PASHA Bank, requires an individual approach and a high level of protection means. Thanks to the new Tieto control and detection of fraud, we can now provide a higher degree of protection for cardholders PASHA Bank and minimize fraud," said the director of the Department of Dyract banking PASHA Bank Leila Mammadova.
The system TietoCardSuite control fraud is an innovative monitoring mechanism based on a system of special rules. The solution consists of two main parts - the prevention of fraud with credit cards and their detection that can detect the unauthorized use of bank cards and analysis, as well as to prevent fraud with cards in real time.
PASHA Bank successfully works with the platform TietoCardSuite, starting in 2009 . The need for specialized defense mechanism associated with the increased volume of transactions in recent years, and attracting new customers.
PASHABank is the leading corporate bank in Azerbaijan. Founded in 2007 , the Bank provides a wide range of corporate banking services , including credit, market operations of securities , asset management and treasury services . In PASHABank, presented by the head office and four subsidiaries, operates 221 people. As part of "Europe Banking Awards 2011" and "Europe Banking Awards 2012" was declared the " Best Investment Bank of Azerbaijan ."
PASHA Bank is part of a group of companies PASHA - a major investment holding company in Azerbaijan is also widely represented in sectors such as insurance, construction, construction materials, tourism and other areas of business. Capital Bank, one of the largest banks in the retail market of Azerbaijan, also belongs to the group of companies PASHA. -15D -
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