New contract includes the implementation of a state-of-the-art fraud monitoring system in the second half of 2012
WARSAW, July 10, 2012 – First Data Corporation, a global leader in electronic commerce and payment processing, today announced that it has extended its processing services agreement with Getin Noble Bank, a leading Polish bank, until 2018.
First Data currently issues cards on behalf of Getin Noble Bank in Poland and provides card management as well as authorisation and transaction settlement services. The two organisations have worked together since 2000.
The new agreement additionally extends the scope of services provided by First Data to include Proactive Risk Manager, a fraud discovery and notification system which has been designed to meet banks’ growing demand for anti-fraud solutions. Proactive Risk Manager will enable Getin Noble Bank to provide enhanced security to its cardholders.
Pawel Wawiernia, director of the Card department at Getin Noble Bank, said, “The six-year extension of Getin Noble Bank and First Data’s contract confirms our mutual trust and is a testament to the effectiveness of our collaboration to date. Thanks to First Data we have access to the latest security technologies to safeguard transactions. This allows us to create value for our customers.”
“In view of the rapidly changing market environment and the economic downturn and associated market anxiety, this multi-year contract extension with Getin Noble Bank is quite extraordinary and a reflection of the stability and past success of our business relationship. Getin Noble Bank is growing rapidly and we look forward to our ongoing collaboration and the opportunities it will bring,” said Grzegorz Długosz, a board member of First Data’s business in Poland.
First Data is a leader among outsourcing services providers to banks across Poland and has more than 20 years of market experience in Poland to draw on.
About Getin Bank
Warsaw-based Getin Noble Bank SA was established in 2010 following a merger between Getin Bank SA and Noble Bank SA. The newly formed Getin Noble Bank SA is listed sixth in Poland’s ten biggest banks by assets*. The bank, which serves over 1.7 million clients, offers a wide range of financial services for individual and business clients. The Noble Bank brand specialises in private banking, whereas Getin Bank’s area of focus is in consumer and retail banking. Getin Noble Bank is listed on the Warsaw Stock Exchange.
* Rzeczpospolita daily, March 2012
About First Data
Around the world, every second of every day, First Data makes payment transactions secure, fast and easy for merchants, financial institutions and their customers. First Data leverages its vast product portfolio and expertise to drive customer revenue and profitability. Whether the choice of payment is by debit or credit card, gift card, check or mobile phone, online or at the checkout counter, First Data takes every opportunity to go beyond the transaction.
Marta Krajewska, First Data
+48 22 515 34 60
Tomasz Boguszewicz, CluePR
tel. +48 530 283 043