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Article: Applied Communication in Russian bank deal. (Rossiyskiy Kredit Bank selects Base24 banking software from Applied Communications)(Brief Article)
- Article from:
- American Banker
- Article date:
- July 11, 1995
CopyrightCOPYRIGHT 1995 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Rossiyskiy Kredit Bank, the second-largest private bank in Russia, has selected Applied Communications Inc.'s Base24 banking software to expand its automated teller machine network and provide on-line support for proprietary cards.
Base24 software is widely used in transaction networks around the world.
"Rossiyskiy Kredit Bank will use the Applied Communications software to help achieve three key objectives," said Pavel A. Ivanov, director of the bank's card department: "To support our plastic cards in a growing network of ATMs - we anticipate 50 ATMs in 1995 and 200 by the end of 1996; to issue ...