Cards
Norwegians increased their use of payment cards in Norway and abroad by over 11% in 2008. This creates new demands for security since card fraud tends to increase in line with greater card use.
EDB’s in-depth understanding of market trends, coupled with its advanced technical expertise, makes us a valuable partner for the development of tomorrow’s bank. EDB plays an important role for the Norwegian banking system today, and is committing very significant resources into developing solutions to meet the changing needs of banking users. This is not least the case for security systems.
Through our security systems, we help banks to monitor how their customers’ cards are being used to help prevent and stop attempts at fraud. This is an important component in EDB’s system for card administration, which covers the entire value chain for card issuers and transaction management. This system is currently the most widely used in Scandinavia.
