FirstData to provide processing services for new Czech bank

Looking to introduce new solutions to the Czech market

FirstData today announced that it will be providing processing services to Fio banka, a new subsidiary bank of the Fio Financial Group. The services offered will include card issuing, personalisation and card authorising systems, transaction processing and fraud monitoring. FirstData and Fio banka are also looking to introduce new solutions to the Czech market such as contactless cards and PIN change options via the bank’s internet banking platform.

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