The range of available transactions to be managed and to be initiated has been expanded with the payment request transaction in the Electra system specified by the National Bank of Hungary. Simultaneously with the launch of the National Instant Payment System on March 2, it became possible for Hungarian banks to provide payment request service...Read More
ViCA the virtual chip card application, recommended for financial institutions to comply with PSD2 guidelines, has been complemented with additional new feature. The ViCA application created by Cardinal Ltd. is a mobile authentication tool, which supports the requirements of the two-factor, strong customer authentication procedure (SCA) required by the European Union’s PSD2 Directive and its...Read More
The 2020 audit process of Cardinal Kft.’s integrated Quality and Information Security Management System was successfully completed. Cardinal Kft. introduced its integrated Quality and Information Security Management System in 2003 and received the MSZ EN ISO 9001:2001 Quality Management System certificate based on the external audit conducted by SGS in the same year. We were...Read More
On March 11, 2020, the Government ordered a state of emergency in connection with protective measures against the new coronavirus in Hungary, following the declaration of coronavirus as a pandemic (COVID-19) by the World Health Organization.Read More
On March 2, 2020, at 00:00, the Instant Payment System (IPS) went live in the domestic payment transactions between the account-holding banks. In the first week after the setting, all clearing members of GIRO Ltd. successfully took the obstacle. From this date, domestic financial institutions will ensure the immediate transfer of HUF-based payment orders within...Read More
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