FinStream and Multicarta make a cooperation agreement

MultiCarta, a subsidiary of VTB, and FinStream entered into a cooperation agreement, under which MultiCarta will be processing payments made with the use of its clients’/partner-banks’ devices running FinStream’s AnyWay software.

This new software installed on ATM’s will allow banks’ clients access to additional services, such as checking and deposit account statements, information on outstanding loan balances, details of most recent transactions, etc. 

Kirill Sviridenko, CEO of MultiCarta, comments, “Implementing this project jointly with FinStream we will help our customers to significantly enhance the functionality of their self-service devices, as well as improve their efficiency and reduce costs, which is a critical task for any business.” 

Lev Gunitsky, CEO of FinStream, notes, “MultiCarta has gained a lot of experience in providing processing and other services to Russia’s major banks. FinStream also has a significant background of implementing projects for both banks that run their own processing centers and agent banks. I am sure that this agreement will serve as the beginning of our long-term mutually beneficial cooperation.”

FinStream was established in April 2008 by a team of software developers specializing in software solutions designed to automate banks’ operations.

FinStream’s flagship product AnyWay is a universal platform for distribution of banking and financial services via remote service channels which enables efficient deployment of self-service areas where customers can get access to services via ATM’s, self-service terminals, POS-terminals and information kiosks. FinStream provides services to 80+ banks and financial organizations throughout Russia and the CIS, as well as internationally.

MultiCarta Ltd., a subsidiary of VTB Bank, is Russia’s leading provider of processing services for banks. For more than 20 years, MultiCarta has been helping banks to successfully grow their business by providing reliable state-of-the-art services, including processing of transactions, personalization of bank cards, acquiring, and many more. MultiCarta provides services using technology solutions from both Russian and international vendors, as well as its unique proprietary solutions.