IFS International, Inc.
announced that its software is being utilized in a
processing center, established by the Banking Production Centre (BPC) for ING
Bank (Eurasia) ZAO (ING Bank), a subsidiary of ING Barings — one of the
largest financial institutions in Europe.
BPC, IFS’ authorized distributor in the Russian Federation, built and
installed the processing center of ING Bank within three months, utilizing
TPII and TP-CMS, IFS International’s front and back office software. Last
December, VISA International certified TPII and TP-CMS at ING Bank, which
enables ING Bank to issue and serve all VISA card products successfully.
“This is the second certification of TP-CMS in Russia,” commented Anatoly
Loginov, CEO of BPC. “ING Bank comprehends the advantages of this
fundamentally new product, and BPC made the power of the product available to
the customer. We are fully satisfied we’ve justified the customer’s
confidence and fulfilled the complex project works prior to create the
processing center for ING Bank within 3 months — rapidly and successfully.
The project started in September 2000 and in December 2000 the system was
certified by VISA International. Following the progress worldwide, the new
TP-CMS product continually gains the confidence of major high-tech financial
institutions in Russia.”
Nick Kirkham, Business Development Manager, CEE, IFS International, added,
“IFS International is privileged to have BPC as our partner and gained ING
Bank as our customer. The success of this project within three months is
testimony to the strategic relationship between IFS and BPC which has seen IFS
emerge as the major supplier of EFT transaction solutions in the Russian
About IFS International Holdings, Inc.
IFS International, Inc. and Network Controls International, Inc. are
subsidiaries of IFS International Holdings, Inc., which has headquarters in
the USA and subsidiary offices in the USA, UK, Singapore and Australia.
IFS International, Inc. develops, markets and supports software products
for the electronic financial market. IFS International’s TPII and TP-CMS
products provide support for ATMs, Point of Sale devices, network switches,
smart cards and card management. IFS International’s subsidiary, Global
Insight Group, is a supplier of strategic business and technical
implementation support services to the Retail Finance Industry.
NCI, Inc. develops innovative retail delivery applications like NCI
Business Centre(TM), which combines network centric and browser-based
technologies in “One Application” to automate all delivery channels such as
branch teller, platform service, call center, Internet banking and customer