BPC Banking Technologies is to provide key infrastructure components to support the planned introduction of the universal electronic card (UEC) in Russia.
The UEC is one of the major planks in the government’s e-government initiative. It will be a multi application smart card carrying applications such as a citizen identity card, state medical insurance, pension entitlements and payments. Applications and services on the UEC will be available at federal, regional and municipal levels.
BPC provides open system e-payment products for the global financial industry. It won the contract following a competitive bid process.
BPC’s Smart Vista e-payments suite will be responsible for data processing services across the full range of services available on the cards. This will include data capture, routing and authorisation for services requested by individual card holders, such as insurance and pension services.
“This major strategic government imitative requires the best technological solutions available,” said Alexander Kapustin, business development director for UEC.
“We went through an exhaustive appraisal of international vendors and found that BPC’s Smart Vista suite met all our requirements for the data management aspects of the programme.”
The requirements for data processing involve multiple service providers at different institutional levels. Secure and accurate data processing is paramount in building confidence in the overall programme and Smart Vista was selected for its flexible architecture, ease of configuration and security levels. Additionally, its scalability can cope with the data flows across the national programme.
“We are enormously proud to have been selected to play such a pivotal role in bringing the UEC from vision to reality,” said Vasily Grigoriev, BPC’s CEO. “The introduction of the UEC is an important step in streamlining the availability of government services for the Russian citizen and Smart Vista’s well known flexibility, scalability and security will be used to the full.