Suomi/Africa
Perspectives from Africa,
engagement from Finland
 
 

Understanding Africa

Representing Africans

--------------------------------------------

Fireworks at Kansalaistori Square, Helsinki, to celebrate a century of Finnish independence (Photo: Finland 100)

Fireworks in Helsinki, to celebrate a century of Finnish independence (Photo: Finland 100)

Tieto's banking business in Kenya and South Sudan

The Co-operative Bank of Kenya recently completed the expansion of its operations to South Sudan, using Tieto's payment card platform - Tieto Card Suite. The Tieto solution has enabled Co-operative Bank of South Sudan to issue local debit cards as well as offer cardholders acquiring services using their own automated teller machines (ATMs). Credit card issuing and Visa processing have also been initiated.

Tieto has supported Co-operative Bank of South Sudan through its acquisition of an in-house dispute management solution and bank accounting interface, to ensure an effective and correct operation of the bank accounting system when processing payment card transaction information. And Tieto's Card Suite system has been set-up centrally in Co-operative Bank's data centre in Nairobi, Kenya, enabling a multi-currency, multi-institution and multi-country environment and ensuring high stability and excellent performance.

Tieto has supported Co-operative Bank of  Kenya through its recent expansion"We are delighted that we have been given the opportunity to support Co-operative Bank's regional expansion and growth efforts. The Tieto Cards Suite opens up new opportunities for the bank as well as for the co-operative societies and people of South Sudan," says Maris Ozolins, director of cards, Tieto Financial Services.

"We are happy to continue our cooperation enabling us to expand our business to the Republic of South Sudan in Africa and provide our customers with advanced banking services", says Zachary Chianda, director of operations at the Co-operative Bank of Kenya.