The Russian based bank, Rusfinance Bank, has announced that it
has implemented the Card Suite solution from TietoEnator Banking &
Insurance. Rusfinance Bank is part of the Societe Generale banking
group and specializes in consumer crediting.
With this new solution the bank can now offer its customers an
efficient tool for consumer crediting and revolving credit cards.
Card Suite enables Rusfinance to expand its services geographically
in a flexible way and offers card users additional convenience. The
Card Suite solution improves Rusfinance Bank’s customer propositions
and helps the bank to win new businesses. TietoEnator’s advanced
technological solution streamlines credit card operations and enables
the bank to build up the card issuing, acquiring and processing
cycle, helping the bank to win new customers in the highly
competitive financial market.
Dmitry Lenshin, General Director at TietoEnator Banking & Insurance
Russia says: “Because of the dynamic growth of consumer crediting,
banks and financial institutions need to constantly extend the range
of their offerings. In association with TietoEnator, and through the
use of its Card Suite solution, the Bank will be able to offer
innovative products and services at the forefront of modern market
TietoEnator is among the leading architects in building a more
efficient information society and one of the largest IT services
providers in Europe. TietoEnator specializes in consulting,
developing and hosting its customers’ business operations in the
digital economy. The Group’s services are based on a combination of
deep industry-specific expertise and the latest information
technology. TietoEnator has about 16 000 experts in close to 30
Rusfinance Bank is a part of the Rusfinance Group and a wholly-owned
subsidiary of the Societe Generale group. The Bank has been operating
since June 2004 and specializes in consumer crediting through 8 000
commercial partners (retailers and car dealers), allocating consumer
loans via various channels, such as telephone, post and the Internet.
The Rusfinance Group has about one million customers in more than 60
regions throughout Russia and it employs some 8 000 staff members.