Czech Republic

ING Czechs out FICO for lending programme

ING will use decision management software and predictive models from analytic software firm FICO to launch its unsecured lending programme in the Czech Republic. The bank will use one retail banking platform, which will have FICO Blaze Advisor decision management rules system as its “risk brain”, making “fast, consistent, analytically guided” credit risk decisions on […]

Wirecard Czechs out O2 for mPOS action

Wirecard is working with O2 Czech Republic to offer a unified payments solution to retailers in the country. O2, as the “largest” telecom provider in the Czech Republic, will offer merchants “eKasa” – an online tablet-based fiscal till system together with credit card payment transaction services. This year, a new till system law has been […]

SIA and ČSOB launch “first” NFC mobile wallet in Czech Republic

Czech bank ČSOB and Italian payments firm SIA have launched the first mobile wallet for NFC payments in the Czech Republic. The new app, NaNákupy (literally “go shopping”), supports both MasterCard and Visa, and enables ČSOB’s customers to make contactless payments by smartphone. Petr Hutla, member of the ČSOB board of directors in charge of […]