Informe_Anual_Cecabank_2016_ENG

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Banking Services
Cecabank stands out from the competition thanks to its high level of profes-
sionalism and specialist knowledge in the fields of regulatory consultancy
and advice, financial reporting, and training, stemming from over 80 years of
service to the financial community.
1. Payment Methods
Card fraud detection and prevention services.
Comprehensive payment method support, with access to multiple networks
and support across all stages of the value chain:
Connectivity, exchange and preferential negotiation with multiple
business intelligence networks in payment methods
Management solutions for purchasing, issuing, and e-commerce
Fraud prevention and response
Mobility solutions
Loyalty schemes
Technological consultancy
Activity during the year
2016 was characterised by the exploration of opportunities to collaborate with
other world regions, specifically in Europe and Latin America, with the aim of
increasing product and customer diversification and innovation, supported by
our active membership to the Latin American Payment Methods Networks
(ATEFI) since July 2015.
As in previous years, we continue to achieve excellent results in the fight
against fraud. Once again, the entities in the EURO 6000 system are the Spa-
nish leaders in the detection and prevention of fraud in transactions conducted
with cards. This is thanks to the efficiency of the bank’s teams supported by the
Espía system, operated by Cecabank.
VISA and MasterCard recognised Cecabank’s full compliance with the se-
curity requirements established in the PCI DSS standard. This compliance
was verified in accordance with the PCI Security Standards Council by an
external auditor certified by the organisation to conduct the corresponding
auditing procedures.
The major efforts made to rationalise computing activity resources and costs
in previous years have produced a significant improvement in efficiency, which
enabled us to reduce our customers’ fees over the course of 2016, and those
reduced prices have now become a constant target for the future.
We also worked on new models of support services for companies in the develo-
pment of their business, and on designing a new multipurpose payment model
based on mobile devices for P2P.
We provide business
process support services
as well as specialist IT
services for payments,
channels, and
business intelligence.
TRANSACTIONS
PROCESSED:
620
million
DAILY TOTAL AVERAGE
AMOUNT SETTLED:
120
million euros
NETWORK PROCESSOR FOR
Euro
6000
TOTAL NUMBER OF CARDS
PROCESSED PER YEAR:
More than 10
million cards
WE ARE A MEMBER OF THE
Latin American
Payment Methods
Networks
Cecabank 2016 Annual Report Page 69
05 OUR BUSINESS MODEL
5.1
5.2