Lipetskcombank launches new mobile banking service with help from Compass Plus

Nottingham, UK - 25 October 2017

Lipetskcombank, one of the largest regional banks in Russia, has completed the implementation and launch of its new LKB Online mobile banking application built on TranzWare Mobile Banking from Compass Plus.

The bank is now able to provide its customers with a number of new services such as remote payments, the ability to manage their cards and accounts, and access to information services using the new mobile application for smartphones running Android and iOS. Built on the latest TranzWare Mobile Banking system, LKB Online offers a user-friendly interface and extensive functionality, for example, the application can find the geolocation of nearby ATMs, and graphs and charts can be applied to statements to offer a visual representation of spend.

During the project implementation, Compass Plus specialists carried out customisations including the development and layout of the app interface, and the inclusion of additional services as requested by the bank. Lipetskcombank plans to further develop LKB Online to include more new functions to streamline the customer experience when making transactions and information requests.

Lipetskombank has been successfully working in partnership with Compass Plus for over 15 years and has an in-house processing centre built on TranzWare products.

The Bank for Social Development and Construction, Lipetskcombank, is a member of the ZENIT Federal Banking Group and is among the seventeen largest regional banks in Russia. The bank’s business priority is to offer comprehensive services to corporate customers and the active development of its retail business.

Compass Plus provides comprehensive, fully integrated and flexible payments software and services that help financial institutions and payment service providers meet rapidly changing market demands. Our diverse customer base spans retail banks, processing centres, national switches and personalisation centres in countries across Europe, Asia, Africa, the Middle East, North and South America. With more than 25 years’ experience, Compass Plus helps build and manage all-scale electronic payment systems that generate new revenues and improve profits for its customers.

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