Poland


Getin goes for biometric signature verification in virtual branch roll-out

Poland’s Getin Bank has implemented biometric signature verification in a roll-out of unstaffed remote branches using Virtual Teller Machines under its Getin Point brand. The technology allows customers to carry out banking tasks that require a signature without having to go to a traditional branch.

FIS sets sights on eastern Europe with new cloud banking platform

US banking and payments technology specialist FIS has launched a cloud-based real time core banking utility aimed at mid-tier banks in central and eastern Europe, which it says will help client to roll out new products faster and cheaper than ever before.

Warsaw installs co-lo as Italy imposes HFT tax

Poland’s Warsaw Stock Exchange has introduced co-location systems designed to appeal to high-frequency traders, as Italy clamps down on HFT with Europe’s first HFT-specific tax. The moves highlight ongoing national and international divisions over the role of HFT in capital markets.

The Fine Line: collaboration vs. competition in mobile payments

Following the news that Polish banks will work together on establishing a common mobile payment infrastructure, Philippe Eschenmoser, head of business consulting at SIX Payment Services, explains why other European banks should learn from the Polish market.

Nasdaq OMX helps Polish clearing house prepare for EMIR

Polish clearing house KPDW CCP has deployed technology from Nasdaq OMX to help it meet the European Commission’s new EMIR rules on OTC derivatives. Under EMIR, the majority of OTC derivatives will have to be centrally cleared via central counterparties. The rules are intended to reduce systemic risks in financial markets by removing the possibility […]

SK signs with First Data for card processing in Poland

SK Bank, a Polish cooperative bank in Poland, has signed with First Data, which will provide outsourced issuing and payment processing services for SK bank’s debit, credit and prepaid card portfolios.

First Data will also enable the bank to access card payment data on a 24/7 basis. The bank also intends to implement Proactive Risk Manager, a fraud transaction monitoring system provided by First Data.