Raiffeisen Bank Romania has ordered 190,000 Todos A200 smartcard readers. Customers will use the readers to access electronic banking services.
This is Todos’s first order from Raiffeisen Bank Romania, although Todos supplied a sister company, Tatra banka in Slovakia, with the same technology.
Raiffeisen Bank is one the country’s largest banks with more than two million customers. It is a subsidiary of the Austrian Raiffeisen International Bank-Holding AG, which in turn is a subsidiary of Vienna-based Raiffeisen Zentralbank Österreich AG (RZB). RZB operates one of the largest banking networks in CEE, covering 17 Central and Eastern European markets through subsidiary banks, leasing companies and other financial services firms. The group’s nearly 62,000 employees service 14.9 million customers via more than 3,200 business outlets.
Raiffeisen Bank wanted to roll out an authentication solution very quickly and Todos was able to deploy a solution within weeks. Despite the speed of the process, Todos still managed to customize the devices with Romanian manuals, menus and the bank’s logo.