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In cooperation with Tieto, Ecobank has built a reliable and flexible platform and implemented enterprise architecture allowing the Bank to pursue new levels of international commercial banking, enhanced profitability, and operating efficiency. Ecobank issues Private label, as well as Visa and MasterCard international payment scheme branded cards. Its card products include debit, credit, virtual, prepaid and unique instant debit cards that allow the customer to receive a personalized payment card within 10 minutes. With Card Suite software Ecobank has passed PCI DSS certification, implemented smart cards and a fraud management system that have significantly reduced the losses related to fraudulent activities with payment cards.

 “Through standardized, but operationally efficient approach Ecobank has been able to successfully expand to a large number of countries, thus minimizing costs and potential risks. By implementing a unified IT platform that included Tieto`s Card Suite, Ecobank has attained common business and IT practices and improved customer servicing in all countries,” said Maris Ozolins, Director of Cards, Financial Services. Lloyd, ATABANSI, Ecobank Group CTO & MD of Eprocess (a Technology company of Ecobank), Ecobank, says:”Ecobank Group has deployed the Tieto Card Suite system in a centralized platform covering 34 countries. This platform covers 2 main products: Private Cards (Debit, Credit, Prepaid, Salary, Gifts, etc) and International Cards (Visa, MasterCard, etc). This centralized platform gives us the ability to shorten our time to market in deploying new products across all countries. The most recent case was the deployment of MasterCard acquiring across 25 countries in less than 5 hours. We have been able to pass the PCIDSS certification in 2012 and this certification gives our cherished customers the confidence to transact using our cards with maximum security and protection.

For further information, please contact:

Maris Ozolins, Director, Cards, Tieto Financial Services, phone: +371 6751 0000

Lloyd, ATABANSI,Ecobank Group CTO & MD of Eprocess (a Technology company of Ecobank), Office: +233 302 21 11 07, Mobile: +233 263212074

Tieto is the largest Nordic IT services company providing full life-cycle services for both the private and public sectors and product development services in the field of communications and embedded technologies. The company has global presence through its product development business and global delivery centres. Tieto is committed to developing enterprises and society through IT by realizing new opportunities in customers’ business transformation. At Tieto, we believe in professional development and results.

Founded 1968, headquartered in Helsinki, Finland and with approximately 14 000 experts, the company operates in over 20 countries with net sales of approximately EUR 1.6 billion. Tieto’s shares are listed on NASDAQ OMX in Helsinki and Stockholm. Please visit www.tieto.com for more information.

Ecobank is the leading pan African banking group in Africa with a presence in more African countries than any other bank. In all 36 markets in which we currently operate, we are recognized as one of the leading banks, providing a full range of wholesale, retail, commercial, investment and transaction banking services and products. Our customers include governments and government agencies, multinational, regional, multilateral and financial institutions, local companies and medium, small and micro enterprises and consumers.www.ecobank.com