RBI first to launch m-payments in Austria

Latest News

RBI first to launch m-payments in Austria

By Scott Thompson

31/01/2012

Raiffeisen Bank International is to launch CardMobile, the first solution in Austria allowing for contactless payments via smartphones.

It has teamed on this with SIX Card Solutions who will process the transactions on its platform. The company has been working with RBI since 2009, having also supported the introduction of contactless credit cards in Austria last year.

Gerald Kubu, head of CardService at RBI, comments: “Pioneering work requires creativity, but also quality and speed in order to succeed in a complex environment. We wanted to be the first to launch mobile payments in the Austrian market. With a very short time to market and high commitment, SIX Card Solutions helped to make our project successful.”

Creating value together: Strategic partnerships in the age of GCCs

As Global Capability Centres reshape the financial services landscape, one question stands out: how do leading banks balance in-house innovation with strategic partnerships to drive real transformation?

Data trust in the AI era: Building customer confidence through responsible banking

In the second episode of FStech’s three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech examines the critical relationship between data trust, transparency, and responsible AI implementation in financial services.

Banking's GenAI evolution: Beyond the hype, building the future

In the first episode of a three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech explores how financial institutions can navigate the transformative potential of Generative AI while building lasting foundations for innovation.

Beyond compliance: Building unshakeable operational resilience in financial services

In today's rapidly evolving financial landscape, operational resilience has become a critical focus for institutions worldwide. As regulatory requirements grow more complex and cyber threats, particularly ransomware, become increasingly sophisticated, financial services providers must adapt and strengthen their defences. The intersection of compliance, technology, and security presents both challenges and opportunities.