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23 September 2009: Raiffeisen Bank
Romania has ordered 190,000 Todos A200 smartcard
readers. The bank’s objective is to increase security for its
online customers and, as a result, increase their trust and
confidence in eBanking with Todos’s advanced technology.
Raiffeisen Bank is one the country’s leading banks with more
than two million customers. It is a subsidiary of the Austrian
Raiffeisen International Bank-Holding AG, which in turn is a
fully consolidated subsidiary of Vienna-based Raiffeisen
Zentralbank Österreich AG (RZB). RZB operates one of the largest banking networks in CEE, covering 17
Central and Eastern European markets through subsidiary banks, leasing companies and other financial
services firms. The group’s nearly 62,000 employees service 14.9 million customers via more than 3,200
This is Todos’s first order from Raiffeisen Bank Romania, although Todos supplied a sister company, Tatra
banka in Slovakia, with the same technology. This gave Raiffeisen a template for their own system and
great confidence in Todos’s abilities.
Raiffeisen Bank wanted to roll out an authentication solution very quickly and Todos was able to deploy a
solution within weeks. Despite the speed of the process, Todos still managed to customize the devices
with Romanian manuals, menus and the bank’s logo.
“Todos’s technology brings a new level of trust and security to Raiffeisen Bank Romania,” said Bo
Emanuelsson, Todos’s sales director EMEA. “We are very excited to add them as a new client and we look
forward to a long and happy relationship with the Raiffeisen network.”
“Todos was a natural choice for us considering their impressive work with Tatra banka, amongst others,”
said Iulian Dascalescu, Procurement Director at Raiffeisen Romania. “This brings a new level of security to