

Page. 53
Cecabank
2015 Annual Report
The major efforts made to rationalize computing activity
resources and costs in previous years have produced a
significant improvement in efficiency, which enabled us
to drop tariffs for our customer entities. These reductions
have become a constant target for the future.
Moreover, we worked on new models of support services
for entities in the development of their business, and on
designing a new multipurpose payment model based on
mobile devices for P2P. We also managed to continue
to export our technology advisory services for EMV,
contactless and HCE to the Latin American market.
Lastly, in collaboration with EURO 6000, a tokenization
platform was developed for payment with mobile
devices in contactless mode, which is fully functioning,
along with the MasterPass interface for payment
through online wallets.
Main figures
December 2015
Transactions processed
598
million
With total average daily amounts settled
107
million euros
The network processes
Euro 6,000
Cards processed per year
10
million
Availability of the processing system of
99.9999
%
We have formed part of the
Association of Latin
American Means of
Payment Networks
since July 2015
1. Strategic lines |Economic and regulatory enviroment |
Building the future
|
Business lines 2. Financial information|
Activity |Income Statement | Capital base |
Ratings 3. Business risk |
The risk function at Cecabank
03 Our Business Model