Unibanka selects TietoEnator to detect card fraud

Unibanka, a SEB Group bank based in Latvia, is to implement TietoEnator's Transmaster Risk Management solution to trace suspicious card transactions.

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Unibanka selects TietoEnator to detect card fraud

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The bank says the system will allow it to monitor and lock card transactions.

Ervins Ozolins, head of electronic services, Unibanka, adds: "As a result, the fraudulent use of cards will be immediately identified and preventive steps taken so as to minimise risk in relation to fraudulent transactions."

Transmaster Risk Management, which is Visa and MasterCard compliant, is already deployed at several banks in central and eastern Europe.

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