Compass Plus has introduced that Russia-based Ural Bank for Reconstruction and Growth (UBRD), is now providing its clients with real-time P2P funds after becoming a member of the Russian Sooner Funds System (FPS). The Russian Bank’s clients will be capable to switch cash to clients of different member banks utilizing only a cell quantity.
“We were delighted to provide our expert support and proven technologies to connect the Ural Bank for Reconstruction and Development to the FPS. This project has shown the high technological readiness of UBRD to implement the most innovative programs,” stated Irina Belova, Senior Gross sales and Account Supervisor at Compass Plus.
Compass Plus states that it has helped UBRD in integrating its cell banking app with FPS. The Bank is at present planning to increase its providing by launching C2B funds inside FPS, thus enabling clients to make transfers to retailers utilizing QR codes.
“UBRD is constantly working to improve its remote service channels, so that even in today’s difficult conditions, it is easy and convenient for customers to manage finances. The bank’s mobile application now allows you to instantly transfer money to relatives, friends, and acquaintances by phone number through banks participating in the Faster Payments System,” stated Denis Dergachev, head of the UBRD transaction enterprise.
Lately, Compass Plus additional strengthened its partnership with Stratus Applied sciences within the Asia Pacific area with the announcement of the profitable stress testing of TranzAxis utilizing the Stratus ftServer.