Moscow Industrial Bank successfully continues developing its processing system

20 July 2010

During the first half of 2010, Moscow Industrial Bank has been successfully certified in Visa and MasterCard for 3D Secure Internet acquiring built on TranzWare eCommerce from Compass Plus.

A. Matreshin, Vice-President of Moscow Industrial Bank said of the project: “Our bank now enters a new acquiring market sector and provides its services at the highest security level; as the bank makes use of not only 3D-Secure technology supported by a few Russian acquirers, but also TranzWare Fraud Analyzer supplied by Compass Plus intended to protect bank transactions. It is important for us that this system has been implemented and used in the largest e-commerce project in the Russian market - the sale of Russian Railway tickets. We currently use technologies which have been tested under severe conditions. These state-of-the-art technologies implemented in our processing center enable us to provide the same services to our sponsor banks.”

TranzWare e-Commerce is an integrated 3-D Secure compliant solution encompassing ACS and MPI modules, which allows advanced and reliable Internet transaction authenticity checks, whilst boosting extensive functionality. The solution is a part of Verified by Visa and MasterCard SecureCode programmes.

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