Eurobank Group's Subsidiary in Poland is active since the end of 2005 in the entire spectrum of banking activities, especially in retail banking, in the Polish market which is one of the largest retail markets in Central and Eastern Europe with approx. 40 million inhabitants.
With this contract, Eurobank expands its cooperation with INTRACOM IT SERVICES for the installation of NOMAD Software's front end switch and card management system - NOMAD Cortex - which has been strategically selected by the Bank for processing ATM/POS and Card transactions of its subsidiaries and has already been installed in Romania, Serbia and Bulgaria, supporting a large volume of transactions and interconnections with local and international electronic payment networks.
NOMAD Cortex, an advanced and comprehensive card payments solution of UK-based NOMAD Software Ltd, supports 24-hour multicurrency operations, open systems architecture and is fully compliant with EMV standards. With more than 30 installations worldwide, including large banks such as Societe Generale - BRD Romania, ING Romania, Hypo-Alde-Adria Bank Croatia, Stopanska Bank - subsidiary of National Bank of Greece in Skopje, AIB Group etc., NOMAD Cortex processes transactions of extremely high volumes with certified benchmarks.
INTRACOM IT SERVICES, a company of INTRACOM HOLDINGS Group, has many years of experience in designing and implementing large ATM/POS and Card Management Systems (i.e. DIAS Greece, JCC Cyprus, etc.) covering the whole spectrum of electronic payments processing technologies. With strong presence and activity in Central and Eastern European markets, the company has both the readiness and expertise necessary to implement similar Banking IT projects, fully covering the needs of Greek or foreign Financial Institutions active in the region.