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55

Annual Report 2014 Our Business Model

Activity during the year

As in previous years, VISA and

MasterCard have acknowledged

on their website Cecabank’s full

compliance with the security

requirements established in the

PCI DSS standard. This compliance

has been verified under the

PCI Security Standards Council

standards and procedures, by an

external auditor certified by the

aforementioned body to perform

the relevant audits.

Another highlight was the

continuing excellent results in

the fight against fraud. Once

again, the EURO 6000 system

is a national leader in payment-

card transaction fraud detection

and prevention. This is thanks

to its efficient staff, supported by

the Espía system operated by

Cecabank.

Cecabank has also worked

on new models of service,

supporting institutions developing

their business; designing, in

collaboration with EURO 6000, a

new mobile-based multipurpose

payment model for P2P,

e-commerce and face-to-face

commerce; and exporting our EMV

technology consulting services to

the Latin American market.

Key data for 2014

574

million

transactions processed, with total

daily average settled amounts of

90

million euros

Processes the EURO 6000

network with

10

million cards

Processing systems availability of

99.9999%

Banking Services

00 Strategic lines |

Economic and regulatory context | Strengthening our model | Business lines 01 Financial information | Profit & loss | Activity

|

Capital base | Ratings 02 Risk management | The Cecabank risk function