Bank of Italyâs interbank computerised archive of bad cheques and payment cards (CAI) contains data on irregular bank and postal
cheques and payment cards
The Italian Interbank Network will guarantee the interconnection between CAI headquarters and the remote sites at the notifying
bodies (banks, Poste Italiane, supervised financial intermediaries issuing payment cards, Prefectures, Judicial Authorities)
SIA-SSB has won the tender called by the Bank of Italy for the management of the Interbank Computerised Archive of bad
cheques and payment cards (CAI - Centrale di Allarme Interbancaria).
The total value of the five-year contract with a possible further three-year extension, is â¬23,174,800.
SIA-SSBâs proposal was selected thanks to its high technical-qualitative features and its better economic conditions compared with the competition. SIA-SSB will manage the entire IT system at CAI headquarters, controlled by the Bank of Italy, as well as the interconnections with the remote sites (local archives) located at the notifying bodiesâ premises (banks, Poste Italiane, supervised financial intermediaries issuing payment cards, prefectures through the Interior Ministry, Judicial Authorities through the Ministry of Justice).
Also planned are additional new functions, among which the link to already available network infrastructures participating in SITRAD, the system for electronic data transmission, and the strengthening of âdisaster recoveryâ procedures.
The CAI will exchange data with the remote sites through the Italian Interbank Network (RNI) according to current standards.
The notifying bodies must send SIA-SSB the information related to the various irregular payment tools on a daily basis and in return will receive confirmations and aggregated reporting results.
Bank of Italyâs interbank computerised archive of bad cheques and payment cards, established according to law following the decriminalisation of a series of minor offences including the drawing of uncovered or unauthorized cheques, provides a service in the public interest aimed at ensuring the correct operation of the payments system.
It contains the personal details of subjects who:
â¢ Have drawn bank and postal cheques without authorization or funds, meaning that they did not have sufficient funds to pay the cheques themselves;
â¢ are no longer authorized to use credit and debit cards due to the nonpayment of sums related to transactions or withdrawals made with said cards.
The entry in the archive of those subjects who have drawn unauthorized or uncovered cheques involves the application of the so-called âsystem revocationâ, which implies a six-month ban from drawing cheques and entering new agreements with banking or postal systems in relation to the drawing of cheques.
The entry in the archive of subjects who have had their authorization to use credit and debit cards revoked has a duration of two years but does not imply the impossibility to obtain other cards: this choice is left to the discretion of individual issuers.
The CAI also gathers the information related to administrative and penal sanctions applied by Prefects and the Judicial Authority respectively following the drawing of unauthorized or uncovered postal and bank cheques.
The CAI also contains anonymous identification of âhigh riskâ bank and postal cheques and payment cards (for example cheques or cards that have been stolen, lost or blocked for other reasons).